By Bilesanmi Abayomi
Market traders in Lagos erupted in excitement as Oba Rilwan Akiolu, the Oba of Lagos, and Chief Folasade Tinubu-Ojo lauded the Lagos State government’s N750 million Lagos Market Trader Money initiative, designed to bolster the financial prospects of 15,000 market men and women across the state.
At the launch ceremony held at Agidingbi, Ikeja, the traditional ruler, Oba Rilwan Akiolu, represented by Chief Lateef Aderibigbe, Ajose Opeluwa of Lagos, urged traders to utilize the financial boost judiciously, emphasizing investment in ventures with potential for increased profit and reduced commodity prices.
Chief Folasade Tinubu-Ojo, the Iya Oloja General, echoed the sentiments of commendation, applauding Governor Sanwo-Olu for the initiative aimed at improving the livelihoods of market traders. She emphasized the importance of prudent usage of the funds, urging recipients to channel them towards business expansion rather than frivolous spending.
The State Commissioner for Agriculture, Ms Abisola Olusanya, highlighted the initiative’s role in fostering sustainable livelihoods and wealth creation for market traders, underscoring its alignment with the government’s commitment to market development and access.
The Chairman of the Lagos State Conference 57, Mr Alabi David, pledged collaboration with the state government to initiate more impactful programs for traders, expressing gratitude for the governor’s efforts to support local communities.
Representatives from Lagos State Resident Agency (LASRA) and EKOHAM provided insights into the benefits of registering for government services, urging traders to leverage these opportunities for continued support and growth.
The event, graced by traditional rulers, APC stalwarts, members of the State Executive Council, and market leaders, underscored a collective commitment to empowering market traders and fostering economic prosperity across Lagos State.