We are changing the future economy of Lagos.
Entrepreneurs and SMEs are that future!

Read our plan to make this fund work!

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What is LSETF?

The Lagos State Employment Trust Fund (“LSETF” or “the Fund”), was established by The Lagos State Employment Trust Fund Law 2016 to provide financial support to residents of Lagos State, for job, wealth creation and to tackle unemployment. LSETF serves as an instrument to inspire the creative and innovative energies of all Lagos residents and reduce unemployment across the State. The Fund has the mandate to directly invest ₦25Billion in helping Lagos residents grow and scale their Micro Small and Medium Enterprises (“MSMEs”) or acquire skills to get better jobs.

  • MSMEs      - Bankers Committee inaugurates panel on N26bn SME fund
  • MSMEs       - BoI disburses N450mn to Ogun SMEs
  • MSMEs      - BoI unveils plans to upscale risk assets for small and medium firms
  • MSMEs      - UNIDO to strengthen SMEs’ capacity under new initiative
  • Macro-Economy       - Nigeria loses N9.74bn to public holidays in one year
  • Macro-Economy       - FG grants tax holiday to 27 industries
  • Retail       - Nigeria attracts $1.5bn worth of investments in the retail sector
  • Telecoms       - Telecommunications sector contributes N1.6trn to GDP
  • Aviation       - Nigeria’s air passenger volume to grow by 7% annually
  • Health       - USAID targets six states for $65mn water and sanitation grant