N750 million Lagos Tradermoni was, on Sunday launched by Governor Babajide Sanwo-Olu to assist market women and men and ensure ease of doing business.
The governor also opened the first Mid-Level Agro-produce Hub, at Idi-Oro, Mushin.
While speaking at the opening of the hub, the governor said 15,000 beneficiaries would benefit N50,000 each in the first phase of the Lagos State Market Money with 200 beneficiaries benefitting from each local governments in the state.
According to Sanwo-Olu, the agro hub which is sited on 6,400sq.m of land is with adequate car/truck parking area, centralized dry and cold storage systems, which would give market players the economies of scale to make decent profits.
He said hub was part of the food system transformation agenda adopted as a measure to improve the current system inundated by wastage, post-harvest losses, traffic congestion, and other inefficiencies that result in the loss of over 50% of agricultural produce, especially perishables.
Sanwo-Olu stated that hub ” reflects our passionate commitment to boosting food production, processing and marketing.
In her welcome address, the Commissioner for Agric, Ms Abisola Olusanya said the project is part of ‘Mr Governor ‘s food transformation project.’
She explained that the essence of the hub is to have a storage facility that will make perishable foods to be durable, adding that it would ensure food security and affordable pricing.
The Iyaloja of Mushin, Alhaja Taibat Borokini expressed delight over the gesture, saying it would go a long way in addressing the challenges faced by market men and women.