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Sanwo-Olu Launches $20 Million “Lagos Cares” Programme For Youths, Women

SANWO-OLU LAUNCHES $20 MILLION ‘LAGOS CARES’
PROGRAMME FOR YOUTHS, WOMEN
•MSMEs, Farmers among Top Beneficiaries of Economic
Stimulus Programme
•Project Funded Through World Bank Facility
Lagos State Government has rolled out a $20 million
Coronavirus (COVID-19) Action Recovery and Economic
Stimulus (Lagos CARES) Programme to support livelihood
for poor and vulnerable households and to expand food
security services in the State.
At the State House, Alausa, on Wednesday, Governor
Babajide Sanwo-Olu launched the social intervention project
that is focused on offering safety net to residents whose
means of livelihood had been disrupted by the impacts of
COVID-19 and also to building resilience of the State.
The programme, which will be implemented for 24 months,
is being funded through $750 million facility secured from
the World Bank by the Federal Government for Nigeria-
CARES project. Other states also benefited from the
stimulus programme.
Lagos CARES will directly support 20,843 households and
indirectly support 125,058 individuals within the State.
The programme encompasses three key result areas,
including increasing cash transfers and livelihood support to
poor and vulnerable households; 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 delivery.
Sanwo-Olu said the programme was designed to be
inclusive and packaged to specifically impact women and
the youth. Its implementation, the Governor said, cuts
across relevant ministries, including Sustainable
Development Goals and Investment (SDG&I), Women
Affairs and Poverty Alleviation (WAPA), Finance, Wealth
Creation, and Agriculture.
He said: “Today marks another milestone in our effort to
combat the negative impact of the COVID-19 Pandemic on
our households, livelihood, food security and businesses.
The CARES project is an integral part of the national
approach, adopted to alleviate the burden of the COVID-19
pandemic, and enhance the wellbeing of our people.
“The Lagos CARES Programme will be implemented
between 2021 and 2023, and will provide economic relief
and recovery support to identified vulnerable persons.
During the 24 months, the programme will directly support
vulnerable households and indirectly support 125,058
individuals. There will also be interventions in 69 markets,
while a minimum of 2,512 MSMEs will be supported.”
To effectively implement the programme, Sanwo-Olu set up
the State’s CARES Steering Committee (SCSC), co-headed
by the Commissioner for Economic Planning and Budget,
Sam Egube, and Special Adviser on Sustainable
Development Goals and Investment, Mrs. Solape Hammond.
Other members of the steering committee comprises
cabinet members and policy heads, who will oversee the
programme and provide policy guidance.
The Governor also inaugurated the State’s CARES
Coordinating Unit (SCCU) that will work directly with the
delivery platforms of the three result areas for result
monitoring and coordination.
Sanwo-Olu expressed his confidence in the ability of the
members committees, who, he said, had been part of the
main drivers of the Government’s agenda for a Greater
Lagos.
He said: “I would like to remind the committee members
not to lose sight of the T.H.E.M.E.S Agenda of the State
Government as they work on the three result areas. This
administration will continue to collaborate with people of
goodwill in the public and private sectors, multilateral and
donor partners as we deliver good governance to our
people.”
Egube said the project would address loss of jobs and
threat to food supply chain occasioned by the spread of the
pandemic. He said the programme would leverage existing
World Bank’s operations anchored on community-based
approach and multi-sector interventions.
On her part, Mrs. Hammond said the State would be
implementing 10 Disbursement-Linked Indicators (DLIs) out
of 11 across three results areas for impact.
The programme, she said, will benefit 4,652 farmers
towards driving up agricultural inputs and services, adding
that 5,460 farmers would be engaged in agricultural assets
for production and mitigation of food loss and waste.
The Special Adviser said there would be provision of well-
targeted conditional grants to co-finance loans for eligible
1,132 MSMEs.

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