Akinwunmi Ambode said in his manifesto released Sunday that the Lagos Employment Trust Fund (LETF) would provide access a minimum of N1 billion naira annually for entrepreneurial ventures across the state’s five divisions of Ikorodu, Badagry, Ikeja, Lagos and Epe.
“We will protect the growth of small and medium scale enterprises by providing tax incentives,” said Mr. Ambode, a former Accountant-General of the state.
“We will implement government policies that will encourage the private sector to employ more citizens and foster economic development.
“We will boost internally generated revenue by improving the collection mechanism through e-governance.
“We will encourage the creation of a Corporate Social Responsibility Trust Fund (CSR-TF) by the Private Sector, to be managed by a Board of Trustees charged with the responsibility of identifying growth opportunities yearly and financing such opportunities to further boost economic development across sectors and communities in the State.”