Ayodele Olalere
A total of 125,058 Lagosians are to benefit from the LAGOS CARES Initiative launched on Wednesday by Governor Babajide Sanwo-Olu, to cushion the effect of COVID-19 pandemic.
The launching of the initiative took place at the banquet hall, Lagos House, Ikeja.
The programme is an offshoot of the Nigeria COVID-19 Action Recovery and Economic Stimulus (N-CARES) Programme for Results (P4R).
According to Gov. Sanwo-Olu, the LAGOS CARES would directly support 20,843 households, while 125,058 would, indirectly, benefits from the programme.
“As a responsive government, we are constantly working round the clock to provide interventions, strategies and actions to alleviate the burden of the pandemic on the majority of our “at risk” people, especially in the areas of food security and health management,” the governor said.
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“This N-CARES programme is an integral part of the national approach, adopted to alleviate the burden of the COVID-19 pandemic, and enhance the well-being of our people” he further said.
The LAGOS CARES, according to Governor Sanwo-Olu, would kick off this year till 2023, making it a 24months project, ‘and will provide economic relief and recovery support to identified vulnerable persons.’
“The programme will specifically encompass three key result areas, which include: Increasing cash transfers and livelihood support to poor and vulnerable households; increasing food security and safe functioning of food supply chains for poor households, and facilitating the recovery of Micro and Small Enterprises (MSMEs), while strengthening institutional support for coordination and delivery.
During the 24-month period of implementation in Lagos State, the programme will directly support 20,843 households and indirectly support 125,058 individuals.”
Apart from making providing food support, the project would also take care
of 69 markets, and 2,512 Medium and Small Enterprises, MSEs will be supported.
In order to ensure the programme is fully implemented, the state government has formed a Steering Committee, to be headed by the Honourable Commissioner for Economic Planning and Budget, Mr. Sam Egube and comprises of some cabinet members.