LAGOS FIRST LADY REAFFIRMS COMMITMENT TO ECONOMIC EMPOWERMENT
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The First Lady of Lagos State, Dr. Claudiana Ibijoke Sanwo-Olu, has reaffirmed her commitment to equipping beneficiaries of her office’s empowerment programs with the knowledge, exposure, and resources needed for long-term financial stability and independence.
Speaking at the 2025 Financial Literacy Sensitisation Programme at the First Lady’s Banquet Hall, Lagos House, Ikeja, she stressed the importance of financial education in promoting self-reliance and sustainable economic growth.
Dr. Sanwo-Olu noted that beyond providing empowerment tools, individuals must develop financial skills to maximize these resources effectively. She emphasized that financial literacy is essential for avoiding debt, planning for the future, and achieving economic stability.
“Since May 2019, the Office of the First Lady has remained committed to improving the standard of living for Lagos residents, particularly those facing economic hardships. We understand that true empowerment goes beyond creating opportunities. It requires providing guidance on how to sustain and grow those opportunities for long-term financial security,” she stated.
Dr. Sanwo-Olu stated that the Financial Literacy Sensitisation Programme, launched as a pilot initiative by her office, has significantly improved participants’ financial knowledge, empowering them to make informed decisions about their finances and businesses.
She reaffirmed her office’s commitment to supporting the Lagos State Government’s efforts to close the financial inclusion gap by not only providing empowerment tools but also equipping beneficiaries with the financial education needed for effective utilization.
Encouraging attendees to apply the knowledge gained, she urged them to actively engage with experts to build financial independence.
The programme featured insightful sessions led by financial institutions such as First City Monument Bank (FCMB) and Providus Bank, alongside government agencies, including the Ministry of Commerce, Trade, and Investment and the Lagos State Employment Trust Fund (LSETF). These organizations provided practical guidance on financial management, investment strategies, and business sustainability, equipping participants with the skills to make informed financial decisions, optimize their investments, and ensure business success.
As part of the empowerment initiative, the Financial Literacy Sensitisation Programme precedes the official distribution of various empowerment tools to beneficiaries at a later date.
These tools include sewing machines, vulcanizing machines, popcorn machines with gas cylinders, pepper grinding machines, soap-making kits, hairdressing and barbing kits with generators, shoe-making kits, as well as tiling and catering tools, among others.
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