Governor Sanwo-Olu Launches N500bn Agricultural Fund for Lagos, Receives N25bn Support from Elumelu

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In order to guarantee food availability, affordability, and security in the state, Lagos State Governor Babajide Sanwo-Olu on Wednesday officially opened the N500 billion Produce For Lagos Off-Take Guarantee Fund.

Also contributing ₦25 billion to the effort was Tolu Elemelu, Chairman of the Elumelu Foundation and Heir Holdings.

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The event, according to Bisola Olusanya, Commissioner for Agriculture and Food Systems, is the “launch of a bold history-shaping intervention” that aims to reward all stakeholders in the food systems value chain, rewire the food chain, and reconnect rural abandon with urban demand.

Details will be added soon.

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