Post COVID-19: Sanwo-Olu approves N1bn intervention fund for tourism sector

The seed which is part of the intervention fund to cushion the negative impacts of COVID-19 pandemic, aimed at driving the growth of hospitality and entertainment businesses in Lagos.

Akinbile-Yusuf, noted that the Ministry will work hand in hand with the Lagos State Employment Trust Fund, LSETF, to administer the single-digit loan to practitioners that meet the criteria that would be set by the Ministry and LSETF. “As contained in the submission made to Mr. Governor by the Palliative Committee in respect of the Capacity building, the Governor has approved training for practitioners in the creative industry through the Lagos Creative Academy to be put in place by the Ministry,” the Commissioner added.

Responding, the Chairperson of the Lagos State COVID – 19 Pandemic Review Committee,. Mrs. Joke Silva acknowledged the passion of the Governor to ensure that the tourism and entertainment industry recovers within the shortest time possible.

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