N750m Trader Money disbursement begins Feb – Commissioner.

The Lagos State Government says the disbursement of the promised N750m Lagos Trader Money to 15,000 traders across the 20 local government areas and 37 local council development areas in the state will commence this month.

The Commissioner for Agriculture, Ms Abisola Olusanya, stated this at the weekend while fielding questions during the Lagos Food Systems’ Champions Sensitisation for Market Women at the Mid-level Agro-Produce Hub in Idi-Oro, Mushin.

The PUNCH reports that Governor Babajide Sanwo-Olu announced the financial intervention during the unveiling of the Mid-level Agro-Produce Hub at Idi-Oro, in the Mushin area of the state in December 2023.

The governor had said, “The government has come up with an intervention for all market men and women. The Market/Trader Money is for 15,000 beneficiaries as support. Each beneficiary will get N50,000 from the government. Each local government will submit 200 names.”