The Chairman, Senate Committee on Industries and the Senator representing Lagos East Senatorial District, Distinguished Senator Mukhail Adetokunbo Abiru, FCA has urged Tradesmen and Artisans in the Lagos East District to avail themselves of the 300 Million Naira Lagos East Constituency Intervention Revolving Loan at a very concessional (6) six per cent per annum interest rate.
The Senator disclosed this when he met with the Lagos East leadership of the Lagos State Council of Tradesmen And Artisans (LASCOTA) at his constituency office in Ikorodu on Saturday.
Abiru, a retired bank Chief Executive and former Lagos State Commissioner of Finance said enabling affordable loans for businesses is the only sustainable way of promoting prosperity in society. According to him, that is real empowerment.
The Senator urged LASCOTA, the umbrella body of Artisans and Tradesmen in Lagos with over fifty different Artisan Associations and Trades to encourage their members in the Lagos East District to apply for the loan when it comes live in April 2022.
The Lagos East Chairperson of LACOSTA, Mrs Funmilola David, thanked the Senator for the unprecedented achievements he has recorded in the last 13 months. She said LACOSTA is ready to work and collaborate with the Senator in the deepening of his interventions to the grassroots.
A former Lagos State lawmaker, Mrs Adebimpe Akinsola and Otunba (Dr) Saheed Oladapo Ibikunle, Special Adviser To Senator Constituency Matters who were also at the parley appreciated the LACOSTA leadership for acknowledging the great works of the Senator. They assured that greater things are underway.
The Senator conducted LASCOTA leadership around the Senator Abiru Innovation Lab (SAIL ), a tech and innovation space that is currently situated at the Constituency Office. Secondary School students between ages 12 and 18 were in class for STEM (Science, Technology, Engineering and Mathematics) training.