@lsetf has introduced the LSETF-FirstEdu Loan – a ₦5bn Post COVID Recovery Support targeted at low-cost privately owned schools and vocational training centres in Lagos State.
The Lagos State Government has launched a N5bn support fund to help reduce the impact of COVID-19 on low-cost private schools in Lagos. The educational sector is one of those severely impacted by the pandemic, with schools and vocational learning-centres 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 and Lagos State Employment Trust Fund (LSETF) will help accelerate a sustainable return to learning and skills acquisition.
The facility will benefit 2000 low-cost schools with amounts ranging from N500,000 to N5million.
As a responsible Government, we are obligated to provide interventions that would enable learners in schools study in line with the new normal.
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