Lagos State COVID-19 N5Billion Support Fund for Private Schools 2020-2021 – How to apply

Lagos State Government has map out N5Billion Support Fund for Private Schools across the State, who were affected by COVID-19.

Recently, Lagos State government has launched a N5billion support fund to help reduce the impact of Coronavirus pandemic on low-cost private schools in the state.

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As stated by the Lagos State Governor; the facility will benefit low-cost schools with amounts ranging from N500,000 to N5 million.

According to him, the educational sector is one of those severely impacted by the pandemic, with schools and vocational learning-centres shut since March.

He further strengthen that, “With access to funding for privately owned schools and vocational training centres in the state, we are confident that this programme, under the partnership between First Bank Nigeria and Lagos State Education Trust Fund (LSETF) will help accelerate a sustainable return to learning and skills acquisition.”

Today, I launched a N5bn support fund to help reduce the impact of COVID19 on low-cost private schools in Lagos. The educational sector is one of those severely impacted by the pandemic, with schools and vocational learning-centres shut since March. The Governor stated this through his twiter handle.

He further explained to the general public that the facility will benefit 2,000 low-cost schools with amounts ranging from N500,000 to N5 million.

How to apply Lagos State COVID-19 N5Billion Support Fund

Only registered educational institutions in Lagos State will have access to funds at subsidised interest rates to meet their needs as they reopen at this auspicious time.”