Lagos launches N5 billion support fund for 2,000 low-cost private schools
The Lagos State Government, in partnership with First Bank of Nigeria Ltd, has launched N5bn
Post-COVID-19 Recovery Support capital for the education sector to support low-cost private
schools across the state in mitigating the negative impact of the pandemic.
Lagos launches N5 billion support fund, This was disclosed by the Governor of the state,
Babajide Sanwo-Olu via his Twitter handle on Friday.
According to him, the educational sector is one of those severely impacted by the pandemic, with schools
and vocational learning-centers shut since March.
“With access to funding for privately owned schools and vocational training centres in the state,
we are confident that this programme, under the partnership between First Bank Nigeria and Lagos State
Education Trust Fund (LSETF) will help accelerate a sustainable return to learning and skills acquisition.