Lagos Launches ₦500 Billion Food System Fund.

Lagos State Governor, Babajide Sanwo-Olu, has launched a ₦500 billion Uptake Guarantee Fund to transform the state's food system, reduce hunger, and boost economic opportunities, addressing vulnerabilities exposed by COVID-19, climate change, and supply disruptions.

Governor Sanwo-Olu stressed the need to build a resilient food system connecting producers to consumers "with dignity and efficiency", noting that Lagos consumes over 50% of Southwest food production, necessitating internal solutions, while State Commissioner for Agriculture and Food Systems, Abisola Olusanya, said the fund was a decisive step toward rewiring the state’s food value chain through logistics efficiency, innovation, and rural-urban market integration.

On her part, the Minister of State for Finance, Dr Doris Uzoka-Anite, described the intervention as a timely and commendable model for tackling food insecurity through collaborative action, saying the fund aligns with President Bola Tinubu's Renewed Hope Agenda. 

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