General news

Lagos CARES will support 125,058 inhabitants in 2 years



Lagos CARES will support 125,058 inhabitants in 2 years

By Florence Onuegbu

The Lagos State Government on Wednesday unveiled its COVID-19 Action Recovery and Economic Stimulus (CARES) aimed at supporting 125,058 residents in 24 months.

Speaking at the unveiling at Lagos House, Ikeja, Governor of Lagos State, Mr. Babajide Sanwo-Olu said that the Lagos CARES initiative is part of the Nigeria CARES (N-CARES) (P4R) results program .

Sanwo-Olu said the N-CARES program, facilitated by the World Bank, was an integral part of the national approach taken to alleviate the burden of the COVID-19 pandemic and improve the well-being of residents.

He said that the Lagos CARES program which will be implemented between 2021 and 2023 will provide economic assistance and recovery support to identified vulnerable people.

The governor said the initiative would specifically encompass three key result areas, including increased cash transfers and livelihood support for poor and vulnerable households.

He said this would include increasing food security and safe functioning of food supply chains for poor households and facilitating the recovery of micro and small enterprises (MSMEs) while strengthening institutional support for coordination and the delivery.

“During the 24-month implementation period in Lagos State, the program will directly support 20,843 households and indirectly 125,058 people.

“There will also be interventions in 69 markets and a minimum of 2,512 MSEs will be supported. The program is designed to be inclusive, targeted and will have an impact on women and youth, ”said Sanwo-Olu.

The Governor also inaugurated the State CARES Steering Committee headed by the Commissioner for Economic Planning and Budget, Mr. Sam Egube, to effectively implement the CARES program in Lagos.

He urged committee members not to lose sight of the state government’s THEMES program as they worked on the three outcome areas.

Ms Solape Hammond, Special Advisor to the Governor on Sustainable Development Goals and Investments, said the initiative was facilitated by the $ 750 million obtained by the federal government from the World Bank.

Hammond said every state in the country has secured at least $ 20 million to execute the initiative to jumpstart the economy from the COVID-19 pandemic. (NOPE)


Short Link:


NNN: :is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor @

Coronavirus – Ethiopia: COVID-19 cases reported in Ethiopia (May 12, 2021) Marriott International opens 5-star hotel in Lagos Coronavirus – South Africa: COVID-19 Statistics in South Africa (May 12, 2021) Kogi governor lauds appointment of Obaje as NG-CARES coordinator COVID-19: NCDC records 1 death, 44 new infections AbdulRazaq appoints 41-year-old multimedia czar as Kwara Tv GM Sallah: Gov. Matawalle assures workers of job security Company Income Tax increases by N97bn in Q1, 2021- NBS Coronavirus – Kenya: COVID-19 update (May 12, 2021) De-escalation ‘an absolute must’ in Israel-Palestine conflict – UN Chief Coronavirus – Eswatini: COVID-19 daily update (May 12, 2021) NMA demands renewed effort to tackle insecurity Coronavirus – Rwanda: COVID-19 update (May 12, 2021) Eid-el-Fitr: PDP urges unity, patriotism to tackle national challenges NUPENG directs members to shut down services in Kaduna State Edo Assembly wants livestock farms registered JUSUN urges FG to deduct Judiciary funds from May FAAC Eid-el-Fitr: APC urges Nigerians to pray for country’s leaders, peace, unity WHO panel urges bold overhaul of pandemic prevention measures $540bn remittance flow reaches low-and-middle-income countries in 2020- WB Arsenal dent Chelsea’s Champions League push Kalu salutes Ekweremadu at 59 NECO: 115 inmates credit English, Maths in Enugu Infinix Releases Award Winning NOTE 10 Pro Series Powerful Performance. Iconic design Eid-el-fitr: Yahaya Bello calls for national integration Eid el-Fitr; Atiku wants Nigerians reflect on peace, unity Osinbajo graces Museveni’s inauguration in Kampala Managing mental health conditions among army officers Infant, two others die in gas explosion in Ogun Uzodimma dissolves cabinet, sacks 20 commissioners We don’t demand money from job seekers, NDLEA warns applicants VC assures of infrastructure development in UNICAL Basketball Africa League announces broadcast partners and fixture schedule ahead of inaugural season Eid-el-Fitri: Observe fire safety measures, Fire Service CG urges Nigerians Ourtv introduces sports channels for Extreme fighting, basketball Nizzolo wins the Giro d’Italia Maglia Ciclamino after biting his nails second in stage 5 YABATECH researchers win Ford Foundation’s $100,000 grant National grid: TCN confirms total system collapse Ugandan president, Museveni sworn in for new term Rugby’s global expansion increases in Africa Iraqi president urges end to Palestinian-Israeli tensions Masses critical stakeholders in my administration – Gov. Oyetola Eid-el-Fitr: Fire Service CG cautions Nigerians on fire safety measures Fears of ‘full-scale war’ between Israel, Palestinians as deaths rise Riot Games MENA breaks cultural barriers to unite gamers with the launch of Anta Al Batal, a new musical beat for VALORANT Eid-el-Fitr: Police deploys 4,144 personnel in Kano State The Qhubeka ASSOS team faces the Challenge Mallorca Coronavirus – Eritrea: Announcement from the Ministry of Health (May 11, 2021) Coronavirus – Daily update on the status of COVID-19 statistics in Zambia (May 11, 2021) Eid-el-Fitr: NSCDC deploys 700 personnel in C/River