In a groundbreaking move to uplift low-income traders and fortify Lagos economic landscape, Governor Babajide Sanwo-Olu, has unveiled a modern fresh food agro hub in Idi-Oro, Mushin.
Sanwo-Olu disclosed the Market Trader Money initiative via his Facebook post on Sunday December 17, 2023.
The governor revealed that the first phase of this novel palliative scheme is set to disburse N50,000 business grants to 15,000 traders spread across the 57 local councils in Lagos.
The primary objective of this initiative is to alleviate the economic hardships faced by small businesses and foster empowerment within the local trading community.
The announcement took place during the inauguration ceremony of the middle-level Fresh Food Agro Hub in Mushin.
Governor Sanwo-Olu emphasized that this facility marks a pivotal moment in Lagos’ food distribution system, signifying a strategic step towards enhanced logistics and the modernization of local markets.
Aligned with the state’s vision for a well-coordinated food security network, the Fresh Food Agro Hub in Mushin is a significant milestone.
The governor outlined a comprehensive roadmap focusing on bolstering food production, processing, and marketing.
The Mushin facility, equipped with advanced storage capabilities, is poised to provide consumers with affordable, fresh farm produce, thereby contributing to the overall welfare of the populace.
Governor Sanwo-Olu expressed gratitude for the overwhelming support and appreciation received from traders and community leaders in Mushin.
He highlighted the completion of the market project and the launch of Lagos Market Trader Money as crucial steps towards improving the lives of market communities across the state.
In his closing statement, Governor Sanwo-Olu reaffirmed the commitment to creating a thriving and secure market environment for all.
The combined efforts towards economic resilience and modernization showcase the state’s dedication to ensuring sustained prosperity for its residents.
