By Dipo Olowookere
No fewer than 1,300 entrepreneurs in Lagos State have undergone different training exercises organised by the Lagos State Employment Trust Fund (LSETF) for the month of May.
The exercises, according to the LSETF, help to instil the requisite skills in the business owners to enable them function effectively in their chosen industry.
The agency said it organised the trainings as part of its mandate to provide business development support to its beneficiaries.
Other parts of its mandate include providing support to at least 100,000 MSMEs; create at least 300,000 direct and up to 600,000 indirect jobs by 2019.
Furthermore, it was mandated to provide training and job placements for the unemployed; mentorship for business owners and improvement of the policy environment to ensure a conducive operational environment for small businesses in the state.
Speaking on the workshops, the LSETF’s Executive Secretary, Mr Akin Oyebode, noted that, “business development support is a crucial part of what we do. It is not enough to just give individuals funds and have them pay back, but also to instil in them the requisite skills to enable them function effectively in their chosen business.
“The better they are as entrepreneurs, the greater the chances that their businesses will succeed to create sustainable and employment opportunities that Lagos State needs. We are grateful to our partners for their efforts in joining us on this journey to move the State to the business hub of the future.”
These workshops were organized in partnership with Braintrack Consulting, Leapworld and Restral.
more recommended stories
Nigeria May Not Have Crude Oil in Next 50 Years, DPR Says
By Adedapo Adesanya The Department of.
Court Orders Arrest of Second Suspect in Ex-SEC DG Gwarzo’s Case
By Modupe Gbadeyanka A bench warrant.
CBN Pumps $292.34m, CNY22.8m into SMIS, Spot Markets
By Adedapo Adesanya The Central Bank.
GenCos Lose N1.9bn in One Day to Gas Shortage, Others
By Adedapo Adesanya Electricity Generation Companies.
NASD Trading Volume Drops 69%, Value Rises 31% Friday
By Adedapo Adesanya Securities worth N6.1.
Crude Oil Trades Lower on Fresh Demand Worries
By Adedapo Adesanya Prices of crude.
Naira Appreciates to N364.26/$ at Investors’ Window
By Adedapo Adesanya The Naira further.
Capital Market Vital to National Economy—Anyaoku
By Modupe Gbadeyanka Former Secretary General.