Featured Finance

Lagos Begins Cash Transfer To 250,000 Residents, To Feed 100,000 Daily

Lagos State Governor, Babajide Sanwo-Olu, has announced the commencement of conditional cash transfer to 250,000 vulnerable residents of the state.

Sanwo-Olu also announced that the state government would begin to provide one meal per day to 100,000 youths in the state.

These, the governor said, were part of efforts by the Lagos State government to cushion the effect of the lockdown in the state on vulnerable residents.

He said in a tweet: “Today, I announced more measures to cushion the effect of the extended lockdown in Lagos.

“We have begun the distribution of relief items to 250,000 vulnerable residents and in addition to this, 100,000 youths will be provided one meal per day across LCDAs via our food kitchens.

“We are also starting a conditional cash transfer to 250,000 people as part of our relief package while repayment on state facilitated loans to SMEs & MSMEs through LSETF will have a moratorium of 3 months to help ease the effect of the lockdown for businesses and their employees,” said Sanwo-Olu.

Meanwhile, Lagos State represents the worst hit by Coronavirus (COVID-19) in Nigeria, with 214 out of the 373 total number of cases confirmed in the country as of Tuesday, April 14.

Out of the 214 cases, the state had discharged 69 patients and recorded 6 deaths

 

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