Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,165,631 members, 7,861,950 topics. Date: Sunday, 16 June 2024 at 12:38 AM

Lagos Launches ₦5 Billion Recovery Support For Stakeholders In Education Sector - Education (2) - Nairaland

Nairaland Forum / Nairaland / General / Education / Lagos Launches ₦5 Billion Recovery Support For Stakeholders In Education Sector (8374 Views)

Lagos launches Comprehensive Schools Programme / Buhari Approves 5 New Varsities, With ₦5 Billion Take-Off Grant / FG To Declare State Of Emergency In Education Sector In April (2) (3) (4)

(1) (2) (Reply) (Go Down)

Re: Lagos Launches ₦5 Billion Recovery Support For Stakeholders In Education Sector by Wickedtruths: 4:25pm On Sep 25, 2020
tot:


THIS not these!! This Education fund is truly needed, with all the headache inducing errors one reads here every day.

Kudos to Sanwo Olu.

Headache-inducing. Professor, learn to use hyphens when required.

1 Like

Re: Lagos Launches ₦5 Billion Recovery Support For Stakeholders In Education Sector by Wickedtruths: 4:26pm On Sep 25, 2020
TheWalkingMind:
Nigga, you have to relax. I'm not part of your ancestral frustration.

Well, I'm not responsible for your ancestors who died of kwashiokor and starvation. If you think this 5 Billion would save you from ending up like your ancestors, better guess again.

1 Like

Re: Lagos Launches ₦5 Billion Recovery Support For Stakeholders In Education Sector by oluemmakay(m): 4:28pm On Sep 25, 2020
No information on the website for now...
Re: Lagos Launches ₦5 Billion Recovery Support For Stakeholders In Education Sector by tot(f): 4:28pm On Sep 25, 2020
Wickedtruths:


Headache-inducing. Professor, learn to use hyphens when required.

cheesy smh

I understand, you must support your fellow "pako" poster.
Re: Lagos Launches ₦5 Billion Recovery Support For Stakeholders In Education Sector by TheWalkingMind: 4:32pm On Sep 25, 2020
Wickedtruths:


Well, I'm not responsible for your ancestors who died of kwashiokor and starvation. If you think this 5 Billion would save you from ending up like your ancestors, better guess again.
Take your drugs before waking up. It helps.

1 Like

Re: Lagos Launches ₦5 Billion Recovery Support For Stakeholders In Education Sector by Wickedtruths: 4:35pm On Sep 25, 2020
TheWalkingMind:
Take your drugs before waking up. It helps.

Donate your advice to your parents choking on kerosene in the village

1 Like

Re: Lagos Launches ₦5 Billion Recovery Support For Stakeholders In Education Sector by Cashsteady(m): 4:37pm On Sep 25, 2020
tot:


Na wa. You are clearly the hater. No one mentioned any other state here, you are the one using your own mouth to do so yet accusing others of being haters?

It is follow by the way, not follows. The Education sector truly needs an overhaul!


Show me ur waec result Im will show u mine.. let solve it that way
Re: Lagos Launches ₦5 Billion Recovery Support For Stakeholders In Education Sector by TheWalkingMind: 4:37pm On Sep 25, 2020
Wickedtruths:


Donate your advice to your parents choking on kerosene in the village
You can add alcohol to your super. It can help with your nightmares

1 Like

Re: Lagos Launches ₦5 Billion Recovery Support For Stakeholders In Education Sector by tot(f): 4:42pm On Sep 25, 2020
Cashsteady:



Show me ur waec result Im will show u mine.. let solve it that way

You have a WAEC result?! shocked
Re: Lagos Launches ₦5 Billion Recovery Support For Stakeholders In Education Sector by ayodele17893: 4:44pm On Sep 25, 2020
wow... Always taking the advantage
Re: Lagos Launches ₦5 Billion Recovery Support For Stakeholders In Education Sector by ThatFairGuy1: 5:01pm On Sep 25, 2020
Eko for show! Lagos for action! God bless Lagos State.

We love this kind of godfatherism.
Re: Lagos Launches ₦5 Billion Recovery Support For Stakeholders In Education Sector by ThatFairGuy1: 5:06pm On Sep 25, 2020
Viruscorona:
Everything looks good on paper... But in reality., we all know the set of people that'll benefit more from this
It's not your business. Face your POVERTY RAVAGED SOUTH EAST
Re: Lagos Launches ₦5 Billion Recovery Support For Stakeholders In Education Sector by mattmogan88: 5:17pm On Sep 25, 2020
SHAKING MY HEAD
Re: Lagos Launches ₦5 Billion Recovery Support For Stakeholders In Education Sector by ehinmowo: 5:49pm On Sep 25, 2020
Cashsteady:
Lagos leads

Others follows..

Someone should not come and mention one overrated akwa ibom that is ravaged with poverty, beautiful roads with empty street and slum houses.. lagos is by far the best state in Nigeria haters u can go hug transformer

This is not a healthy statement. Especially as the topic does not warrant such comment. Lagos is strategic and it seems that nature usually bless the state with visionary governors. However, Akwa Ibom is not doing bad. The present governor is doing wonders in my own view.

Akwa Ibom, like Lagos has being consistently governed by visionary leader. Generally, NIgeria states are not viable. Only very few can live without "Babaringa" from Abuja and survive.
Re: Lagos Launches ₦5 Billion Recovery Support For Stakeholders In Education Sector by Viruscorona: 5:52pm On Sep 25, 2020
ThatFairGuy1:
It's not your business. Face your POVERTY RAVAGED SOUTH EAST
I'm a Yoruba demon... so please connect your brain to your mouth next time
Re: Lagos Launches ₦5 Billion Recovery Support For Stakeholders In Education Sector by iamdannyfc(m): 6:39pm On Sep 25, 2020
Wickedtruths:


If you like, read 5 Biafran pounds, na you sabi. 1 naira you won't see inside.
Na you dey share the money? cheesy
Re: Lagos Launches ₦5 Billion Recovery Support For Stakeholders In Education Sector by Clothingonline9(m): 10:54pm On Sep 25, 2020
Affordable quality men clothing Top brands payment on delivery
Re: Lagos Launches ₦5 Billion Recovery Support For Stakeholders In Education Sector by Imefonukoenin11: 3:13am On Sep 26, 2020
Re: Lagos Launches ₦5 Billion Recovery Support For Stakeholders In Education Sector by matthewbrian150: 9:02am On Sep 26, 2020
Lanrelagboi:
1. To mitigate the devastating effect of the COVID-19 pandemic on the education industry, The Lagos State Employment Trust Fund in partnership with First Bank has launched the LSETF Edu-Fund Programme, a ₦5bn Post COVID Recovery Support for stakeholders in the education sector. #EducationMeetsFunding

2. The LSETF Edu-Fund Programme is targeted at low-cost privately owned schools and vocational training centres in Lagos State to support economic recovery efforts of stakeholders in the education sector in Lagos State. #EducationMeetsFunding

3. Through this partnership, LSETF & First Banking willingness collaborate to provide matching funds that would be disbursed as a loan programme to support low-cost private schools and vocational training centres in Lagos State. #EducationMeetsFunding

4. This scheme aligns with the Lagos State Government T.H.E.M.E.S Agenda, which seeks to improve Traffic management & transportation; Health & Environment; Education & Technology; Making Lagos a 21st Century Economy; Security and Governance. #EducationMeetsFunding

5. The Nigerian Bureau Of Statistics and NESG report that Education is one of the top 5 sectors that created over 59m jobs in 2017, buttressing Education as a critical growth area for job creation in Nigeria.

6. The loan scheme will be provided to 2 categories of applicants; Micro-Enterprise businesses will receive a sum of not more than ₦500,000 while SMEs will receive a sum of not more than ₦5,000,000.

7. The Fund is available at a fixed interest rate of 9% per annum with an additional business development support to low cost private schools & vocational training centers operating in Lagos State.

8. The qualified institutions are expected to have been in operation for at least one year and have a minimum of 100 students.

9. The objective of the Fund is to improve the quality of education for our youth by providing access to affordable finance to low-cost private schools and vocational training centres.

10. The Loan programme offers participating schools & training centres up to N5 million in facility as well as professional & institutional supports comprising capacity building programmes & business advisory.

11. This intervention is expected to spur significant growth of the schools & the education ecosystem in Lagos State. It will enable job creation opportunities for our teeming young and productive population.

12. The LSETF Edu-Fund Programme is a part of the proactive sustainable solutions by the State Government to curb & limit the socio-economic impact of the COVID-19 pandemic on both individuals & businesses in Lagos State.

13. The N5bn LSETF Edu-Fund Programme for stakeholders in the Education sector in Lagos is a precursor of many more sector-specific support programmes that would be unveiled by the LSETF on behalf of the Government in October 2020.

14. The LSETF Edu-Fund Programme will help tackle the current issues in the educational sector which demands an instant upturn such as the persistent decline in the quality of education & inconsistent investment in the sector over the decades.

15. Edu-Fund will provide loans to Lagos-based low-cost private schools & vocational training centers that have been in operation for at least one (1) year prior to the date of application & have a minimum of 100 students.

16. Presently, low-cost private schools in Lagos State account for over 60% (12,000) of the total number of schools providing education to millions of children from not-so-privileged communities across the state.

17. Before the pandemic, these schools depended on low-cost tuition fees from parents, and double-digit interest loan facilities to fund the provision of the amenities and services needed to aid learning.

18. By providing access to low-cost funding for privately owned schools & vocational training centres in the state, LSETF and First Bank Edu-Fund will help accelerate sustainable & painless return to world-class learning & skills acquisition of our youth

19. The LSETF application process for the Edu-Fund is fair and credible, irrespective of applicant’s affiliation, tribe or gender. This is in line with the ethos of the Lagos State Employment Trust Fund.

20. The LSETF application process is simple and interested applicants can follow the easy steps in the attached image.

21. The LSETF believes that joining forces with First Bankngr is critical to mitigating the adverse economic consequences of the COVID-19 pandemic on the state’s education system.

OP, you are a political agent. F Bank is involved in this so called initiative, it won't get to the intended target.
Please tell us about the 51 cars and 8 houses bought by sanwo olu for Judges. I will post a topic on it since I noticed nothing was mentioned here on nairaland.

(1) (2) (Reply)

How To Retrieve WAEC Examination Number / Where Is Neco Office Located In Abeokuta / List Of Countries You Can Either Study Free Or On Low Tuition

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 26
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.