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Lagos State Launches $20million CARES Programme Against COVID-19

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The fight against COVID-19 is a fight for all and Lagos is resilient in seeing it come to end.

Lagos State Governor, Babajide Sanwo-Olu
Lagos state governor, babajide sanwo-olu

The Lagos State Governor, Babajide Sanwo-Olu today has disclosed the movement to ensure Lagos becomes a covid-19 free state.

While announcing the state’s input in making sure things move fine, the governor launches a program tagged CARES which is geared toward fight against the deadly virus.

Governor Babajide Sanwo-Olu , at the State House in Alausa on Wednesday, launched the social intervention project which is focused on offering safety net to residents whose means of livelihood had been disrupted by the impacts of COVID-19.

According to Sanwo-Olu, the programme, which will be implemented for 24 months, is being funded through $750 million facility secured from the World Bank by the Federal Government for Nigeria-CARES project.

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Lagos CARES will directly support 20,843 households and indirectly support 125,058 individuals within the State.

In his words shared on his official account, the governor wrote;

“Today, we launched the $20million Lagos COVID-19 Action Recovery and Economic Stimulus Programme to support poor and vulnerable households.”

“This marks another milestone in our effort to combat the negative impact of the pandemic on our livelihood, food security and economy.”

The Lagos CARES Programme will support 125,058 individuals, cover 69 markets and a minimum of 2,512 MSMEs will be supported.

We have set up a Steering Committee that will be headed by the Commissioner for Economic Planning and Budget for effective implementation.

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