Lagos Governor releases N6.2 billion employment fund

Eniola Ajayi, Lagos

The Lagos State Governor, Mr Akinwunmi Ambode has ordered the immediate release of the first tranche of 6.2 billion naira to the state
Employment Trust Fund (ETF).
Governor Ambode gave the directive at the official inauguration of the ETF Board at the Lagos State House, Alausa, Ikeja.
According to him, the N6.2 billion will be released on annual basis for the next four years totaling N25 billion.
Era of white collar jobs over
The Governor made it clear that the era of white collar jobs was over as he noted that the creation of the employment trust fund marked the
beginning of a paradigm shift in the drive to engage Nigerian youths. “In my inaugural address, I said that I would fulfill my campaign
promise to establish an employment trust fund; on Tuesday 5th January 2016, I assented to the Employment Trust Fund Law, thereafter, in line with the provisions of the law, the chairman and the Executive Secretary have since been cleared by the State House of Assembly, distinguish ladies and gentlemen, I am delighted that the employment trust fund is now a reality,”
governor Ambode explained.
He explained further that the fund is a turning point in the responsiveness of government to the yearnings of the youths and unemployed people.

“This was a campaign promise; it is a paradigm shift in engaging our youths, we must realize that the era of white collar jobs is gone forever, the employment trust fund is an instrument to galvanize the creative and innovative energies of all Lagosians,” Ambode stressed.
He also made it clear that eligibility of any unemployed applicant would be based on Lagos State origin or residency as well as the strength of application.
Meanwhile, Chairman of the trust fund, Mrs Ifueko Omoigui-Okauru said the committee would work assiduously to bring hope to the teaming
unemployed youths in the state. Mrs Omoigui-Okauru appreciated the opportunity given to her and other board members to serve the state.
“I will like to assure you that your election promises will indeed befulfilled and we will bring hope to the teaming youths of Lagos State and we will ensure full compliance to the provisions of the employment trust fund law,” she said.
Governor Ambode also inaugurated the State Civil Service Commission Board headed by Mrs Adeyinka Oyemade.