REPLICATING SUCCESS: EKITI STATE SET TO ADOPT LAGOS STATE EMPLOYMENT TRUST FUND (LSTF) MODEL.
In a bid to drive economic growth, create jobs, and improve livelihoods for its citizens, the Ekiti State Government has taken steps to replicate the successful Lagos State Employment Trust Fund (LSTF) model.
A recent meeting convened by the Ministry of Wealth Creation and Employment brought together key stakeholders from the Ministry, LSTF, and Yoke Solutions to discuss the potential benefits and challenges associated with replicating the LSTF model in Ekiti State.
The LSTF model, which has been instrumental in promoting entrepreneurship, job creation, and economic growth in Lagos State, is seen as a viable solution for addressing the economic challenges facing Ekiti State.
The meeting, which was attended by top government officials and stakeholders, yielded several key outcomes, including:
- The establishment of a committee to oversee the replication process
- The committee will work closely with LSTF and Yoke Solutions to adapt the model to Ekiti State's unique needs
- The committee will provide regular updates on the replication process to the Honourable Commissioner for Wealth Creation
With the committee established and the replication process underway, the Ekiti State Government is poised to reap the benefits of the LSTF model. The successful replication of the model is expected to drive economic growth, create jobs, and improve livelihoods for citizens.
The adoption of the LSTF model marks a new era for Ekiti State, as the government seeks to diversify its economy and create opportunities for its citizens. With the support of stakeholders and the commitment of the government, the replication of the LSTF model is expected to be a game-changer for the state.
As the Ekiti State Government embarks on this new initiative, the citizens of the state can look forward to a brighter economic future.
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