About the Lagos State Employment Trust Fund (LSETF)
The Lagos State Employment Trust Fund (LSETF) 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.
The Fund will operate with an initial capital of N25Billion contributed over four years by the Lagos State Government, but will also raise additional funding from various sources including donor partners, development agencies, corporate organizations and individuals.
LSETF will focus on promoting entrepreneurship by improving access to finance, strengthening the institutional capacity of MSMEs and formulating policies designed to improve the business environment in Lagos State. In addition, the Fund will also develop programmes designed to train and place unemployed Lagos residents in jobs; while also focusing on programmes designed to drive innovation within the Lagos ecosystem.
The employability partnership with the United States African Development Programme (USADF) is targeted at equipping 3,000 Lagos residents, between the ages of 18-35years with industry-relevant skills, annually, for a period of five years. The project will achieve this through the provision of skills development training that will last between 4-12 weeks and will ensure the placement of a minimum of 50% of the beneficiaries in Internships/jobs.
Requirements for LSETF/USADF Training
- Must be a Lagos resident
- Must have a Lagos State Resident Registration Agency ID (LASRRA ID – can be gotten at any LGA office)
- Must have a minimum of JSSCE qualification
- ** All applicants will be required to go through a screening process to determine their eligibility for the training.
Register for this training at LSETF/USADF Entrepreneurial Training Registration Portal