Lagos state governor, Babajide Sanwo-Olu has said that the state has started rebuilding.
Numerous buildings and businesses worth billions of naira was destroyed in the aftermath of the #EndSARS protests.
Sanwo-Olu while addressing state house correspondents after meeting with President Muhammadu Buhari said the state has started lending support to small businesses.
He described it as “a work in progress.”
“It’s work in progress. To take something down, it takes one day; to rebuild it takes 10 years. It’s a journey, not a destination. And so, it’s going to take a while. We are carefully taking a proper study to know what we need to do; taking our time to get it right, but we’ve started something,” he said.
“Some businesses that were affected, somebody having their shops looted or burnt or something, we’ve been able to directly begin to support such businesses, especially on a micro, small level using the Lagos state Employment Trust Fund.
“They have started intervening and supporting some of these small businesses, giving them grants, giving them soft loans and making sure that they can come back together very quickly.
“The bigger, larger items around infrastructure, around transportation, they will take a fairly longer time. We’re talking about a period that is still under three months.
“So, it’s still a working document that we are doing right now and we also have to be very creative in how we raise the finance. We don’t have money anywhere; you know it was towards the end of a financial year and we’re just starting another year.”