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Lagos State Government Offers N30 Million Grants to 10 Young Entrepreneurs

According to reports from Punch Newspapers, the Lagos State Ministry of Youth and Social Development has unveiled a grant program aimed at supporting young entrepreneurs. The initiative, dubbed the 2026 Amplifier Business Clinic, will see 10 entrepreneurs receiving N3 million each in grants. Toyin Oke-Osanyintolu, the ministry’s Permanent Secretary, disclosed this information in a statement released to PUNCH Online on Saturday. The grant program is expected to train and mentor young business owners, providing them with the necessary tools to sustain their ventures. This move aligns with Lagos State Governor Babajide Sanwo-Olu’s commitment to promoting entrepreneurship among youths in the state. According to reports from Google News, the Lagos State Government, in collaboration with Pelse Consulting, has already started training young entrepreneurs on business sustainability.

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