LSETF Creates 320,000 Jobs, Supports 20,000 Businesses With Over N15bn

Newtelegraphng | 16-06-2026 11:44am |

The Lagos State Employment Trust Fund (LSETF) has announced the disbursement of over ₦15 billion to support more than 20,000 micro, small, and medium enterprises (MSMEs) in Lagos State over the past decade. This initiative has resulted in the creation of over 320,000 direct and indirect jobs within the state. Feyisayo Alayande, the Executive Secretary of LSETF, provided these details during a recent event, highlighting the fund's significant impact on local employment and business growth. The LSETF continues to play a crucial role in fostering economic development in Lagos through its support for MSMEs.

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