•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.