Governor Babajide Sanwo-Olu of Lagos State has said he believed in the power of partnership to tackle youth unemployment.
In his efforts to battle the menace, Governor Sanwo-Olu, via his Twitter handle, called for increased collaboration between the government, private sector, and NGOs, believing together they can create more opportunities and reduce unemployment rates.
According to the Governor, who recently received the Leadership of Prince’s Trust International, a global youth charity, the organization’s commitment to support youth empowerment aligns perfectly with the government’s vision for Lagos.
“Through the Lagos State Employment Trust Fund (LSETF), we have already supported over 50,000 new MSMEs established by young people. But the demand is growing, and we need to do more. We must provide more investment funding opportunities for the youth,” said Governor Sanwo-Olu.
He added, “I am impressed by the work of Prince’s Trust International, and I urge them to channel their funds towards creating more opportunities for entrepreneurs in need of business development skills and seed capital. This will widen employability and encourage the growth of MSMEs.”
He said that government needs to equip the young people for success, focusing on skill development, adding the recently launched Lateef Jakande Leadership Academy (LJLA) aims to provide knowledge and industry-specific expertise.
The Governor commended Prince’s Trust International for embedding technology into their international programmes in Nigeria, hoping that in collaboration government can scale up the effort to make a real impact on youth employment.
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