Lagos State Employment Trust Fund – All You Need To Know

Are you looking for information about the Lagos State Employment Fund (LSETF)? Then, sit back and read this article as it provides for all what you need to know about the Lagos State Employment Trust fund.

Lagos State, in order to provide financial support to residents, decided to establish The Lagos State Employment Trust fund in accordance with its law of 2006. Other reasons for the creation of the agency is to create employment opportunities for residents, improve wealth creation and innovative energies of all Lagos residents most especially the youth.

Lagos State Employment Trust Fund (LSETF)

The Lagos State Government, In order to improve the effectiveness and efficiency of the LSETF, invests over 25 Billion Naira so as to help residents to grow and scale their Micro Small and Medium Enterprises and to ensure that its residents acquire the necessary skills that favour the procurement of better jobs in the labour market. The main route for dispersing the fund is via its partners, and this will help to increase their experience and capabilities in order to achieve its goals.

One of the aims of the Lagos State Employment Trust Fund is to focus on promoting entrepreneurship by improving access to finance, strengthening the institutional capacity of Micro, Small and Medium Enterprises (MSMEs). Also, it looks up to formulating policies that are designed to improve the business environment in the State.

Lagos State Employment Trust Fund

The vision of the Trust Fund is to create three hundred thousand (300,000) direct and six hundred thousand (600,000) indirect jobs within a period of three (30 years through the support of at least One Hundred Thousand (100,000) Micro, Small and Medium Enterprises in the State.

How To Register and Apply For Lagos State Employment Trust Fund

Before you can have access to the fund, you have to some due processes that involve registration, filling of downloaded Pdf forms etc. The process could be cumbersome, most especially for someone that doesn’t have a guide. But never worry, we will provide for you the step-by-step guide on how to register and apply for the fund.

  • First, you have to visit their online page (https://lsef.ng) to initiate the registration process
  • On the page, navigate and click on the main menu, which will create room for you to click the ‘register’ button.
  • Fill in the necessary information by click on the button. Ensure to provide accurate information for future references.
  • After filling in the accurate information, you can click submit so as to begin the other process.
  • For you to submit, you must have gotten the login details that will enable you to further the application process.
  • Log in and navigate on the home page and click on any of the packages that you wish to apply for
  • Next is to download the form, fill it and ensure to take it to the nearest Local Government for you to submit.

In 2017, the Lagos State Employment Trust Fund introduced a pilot scheme that will enable a micro business owner to get up to 500,000 for their business. To access the application form, kindly visit their website for more information.

For final submission, you have to take the filled form to the nearest Local Government Area. To make the search an easy one for you, we will provide for you the list of local government offices where you can submit your form.

Local Government Area                                                       Address

Lagos Island Local Government

Asiwaju Bola Ahmed Tinubu Multi-Purpose,

Center, Adeniji Adele Road, Isale Eko. Lagos

Island)

 

Eti Osa Local Government

Eti-Osa Local Government Secretariat,  Km

15, Lekki-Epe Expressway, Iggbo Efon, Eti-

Osa. Lagos)

 

Lagos Mainland Local Government Lagos Mainland Local Government Secretariat, 2 Ondo Street. Ebutte Metta. Lagos
Agege Local Government Agege Local Government Secretariat. Balogun Street. Maternity. Agege. Lagos
Kosofe Local Government Kosofe Local Government Secretariat. Ogudu Road. Ojota. Lagos.
Alimosho Local Government Alimosho Local Government Secretariat, 3, Bada Street, Alimosho. Lagos
Ikeja Local Government Ikeja Local Government Secretariat. 2 Obafemi Awolowo Way. Ikeja. Lagos
Apapa Local Government

Apapa Local Government Secretariat. 37

Burma Road. Apapa. Lagos.

 

Ajeromi-Ifelodun Local Government

Ajeromi Ifelodun Local Government

Secretariat. Bale St. Amukoko. Lagos

 

Mushin Local Government

Mushin Local Government Secretariat, 82/84

Palm Avenue Road, Mushin

 

Ikorodu Local Government Secretariat. Otunba. T.O.S Benson Road. Ikorodu. Lagos
Epe Local Government

Epe Local Government Secretariat. Ita Marun.

Epe.

 

Ojo Local Government

Ojo Local Government Secretariat. Olojo

Drive. Ojo Town. Lagos

Badagry Local Government

Badagry Local Government Secretariat. Ajara.

Badagry. Lagos.

Ibeju Lekki Local Government

Ibeju Lekki Local Government Secretariat,

Igando Oloja, Ibeju-Lekki Lagos.

 

Amuwo Odofin Local Government

Amuwo Odofin Local Government Secretariat,

41 Road, Off 4th Avenue.Festac Town,

Amuwo Odofin

Oshodi-Isolo Local Government

Oshodi-Isolo Local Government Secretariat.

Oyetayo Street. Oshodi. Lagos

Ifako-Ijaiye Local Government

Nrc Building, Old Akute Road, Iju Area Office. Iju. Lagos

 

Shomolu Local Government

Shomolu Local Government Area Office, Humuani Street. Shomolu. Lagos.

 

Surulere Local Government

Surulere Local Government Secretariat, Alhaji

Masha Road, Surulere. Lagos

 

 

 

Lagos State Employment Trust Fund Management

As it is important for any organization to have well functioning management, the Lagos State Employment Trust Fund also shared responsibilities among best brains. Management, in this context, includes all staffs that help to achieve the aim and objectives of the Trust Fund. The Management of the LSETF therefore includes

  • Mrs. Teju Abisoye as the Head

Other staffs include

  • Rahman Akinwonmi
  • Abosede Alimi
  • Damola Jolaoso
  • Tosin Faniro-Dada
  • Stephen Amodu and many others.

It was recently that Governor Ambode appointed Mrs. Teju Abisoye as the Head, saddled with the responsibility of managing and coordinating the affairs of the Lagos State Employment Trust Fund.

In order to prevent frauds through the implementation of proactive and effective controls that help detect fraudulent activities and misconduct, the Lagos State Employment Trust Fund adopted a Whistle Blowing Policy that will help to tackle any fraudulent activities.

The policy was adopted in accordance with the global best practice that suggests that an organization should have a whistleblowing policy that is transparent to all stakeholders. Also, the Trust Fund is highly committed to a high standard of ethical, moral and legal business conduct.

It is important to know that the LSETF is an organization that doesn’t tolerate any form of commission or concealment of fraudulent, illegal and unethical acts including infraction of its business principle as well as other ethics-related policies of the Fund. To buttress the point, the policy applies to all employees and prospective employees, trustees, contract workers, vendors and service provider, beneficiaries and other stakeholders of the Fund.

There are many agencies created by The Lagos State Government that are designed to help the residents in order to improve the standard of living. One of the agencies created is the Lagos State Employment Trust Fund that is designed to provide financial assistance to the residents of Lagos State. Even though there have been many reports about the delay in the response of the Trust Fund, the agency has been working relentlessly in order to meet the financial demands of any applicant.

In order to qualify for the Fund as earlier stated, it is important that you watch out for any information dispersed by the Lagos State Employment Trust Fund.

Related:

For further inquiries, you can visit their Head Office located at 16 Billing Way, Oregun-Ikeja, Lagos State, Nigeria or call this number (01-7000969). You can also visit their liaison offices located at different local governments in Lagos State including Agege Local Government, Ajeromi-Ifelodun Local Government, Alimosho Local Government, Amuwo Odofin Local Government, Apapa Local Government, Apapa Local Government, Badary Local Government, Eti-Osa Local Government, Ibeju Lekki Local Government, Ifako-Ijaiye Local Government, Ikorodu Local Government, Kosofe Local Government, Lagos Mainland Local Government, Ojo Local Government, Shomolu Local Government, Surulere Local Government and many other local governments in Lagos State.

Tag: Lagos State Employment Trust Fund

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