The Lagos State Government (LASG) has said young farmers in the state would benefit from the N25 billion Lagos State Employment Trust Fund (LSETF).
This was revealed by Sanni Okanlawon, the Special Adviser to Gov. Akinwunmi Ambode on Food Security on Tuesday during a chat with the News Agency of Nigeria (NAN) in Lagos.
He said the aim of the fund was to develop agriculture value chains, while stating that women would also benefit from the fund.
Okanlawon said the N25 billion, spread across four years, would have N6.25 billion to be disbursed annually especially among entrepreneurs in the agriculture sector.
“The N25 billion Lagos State Employment Trust Fund has been staggered on a yearly basis, to the tune of N6.25 billion annually.
“Youth farmers are definitely going to benefit from it because it is meant for them, as well as for other youths and women who have one vocation or the other.
“Youths with the intent of doing entrepreneur activities are all going to benefit in one way or the other; that is why we are employing all our youths, to make sure that they build capacity.
“They must develop one vocation or the other, especially, in the agricultural value chain,’’ he said.
Okanlawon said disbursement would commence in September, urging young farmers to draw up business plans, and apply to the LSETF for funding.
