Lagos State First Lady, Dr. Ibijoke Sanwo-Olu, has reinforced her unwavering commitment to economic empowerment, declaring financial literacy a non-negotiable tool for long-term prosperity.
Speaking at the 2025 Financial Literacy Sensitization Programme held at the First Lady’s Banquet Hall, Lagos House, Ikeja, she stressed that true empowerment goes beyond handing out tools—it demands the right financial knowledge to sustain wealth.
“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 highlighted that financial education is the key to breaking free from debt traps, building sustainable businesses, and securing a stable future.
The programme, which started as a pilot initiative, has significantly boosted beneficiaries’ financial intelligence, enabling them to make informed decisions in managing their finances and businesses.
Partnering with top financial institutions such as First City Monument Bank (FCMB) and Providus Bank, along with government agencies like the Ministry of Commerce, Trade, and Investment and the Lagos State Employment Trust Fund (LSETF), the initiative provided hands-on guidance on money management, investment strategies, and business sustainability.
Beyond the knowledge gained, the programme sets the stage for the grand presentation of empowerment tools to beneficiaries, equipping them with essential resources to launch or expand their businesses.
These tools include: Sewing machines, Vulcanizing machines, Popcorn machines with gas cylinders, Grinding pepper machines, Soap-making kits, Hairdressing and barbing kits with generators, Shoe-making kits, Tiling and catering tools, among others.
Dr. Sanwo-Olu urged attendees to take action with the knowledge acquired, engage with financial experts, and step boldly into a future of financial self-reliance.
With this initiative, the First Lady’s office continues to bridge the financial inclusion gap, ensuring that Lagosians are not just empowered, but fully equipped to thrive.
