Gov. Sanwo-Olu unveils Lagos Sports Trust Fund to boost grassroots development

Gov. Sanwo-Olu unveils Lagos Sports Trust Fund to boost grassroots development

Babajide Sanwo-Olu, Lagos State governor, has charted a new course for sports funding by inaugurating the Lagos State Sports Trust Fund (LSSTF) Board of Trustees.

According to a report by the News Agency of Nigeria, the governor urged the newly appointed members to mobilise private sector resources to revitalise sports development across the state.

Sanwo-Olu challenged the board to leverage their networks, expertise and professional influence to build sustainable institutions that will support sports development for present and future generations.

“The mandate is straightforward. Use your contacts, skills and professional background to help fund sports and establish robust institutions in Lagos State,” he said.

The governor emphasised the need to prioritise grassroots programmes and the rehabilitation of sporting facilities, noting that several government-funded projects require completion and upgrades.

“I implore you to deploy resources in grassroots and school sports that encourage growth across our divisions,” he added.

He explained that the trust fund is designed to bridge the gap between government and private sector participation in sports development.

“Many organisations are willing to support but reluctant to approach the government directly.

“This quasi-body can reach the private sector while drawing on government experience,” he stated.

The board is chaired by Enitan Oshodi, with Olaposi Agunbiade serving as executive secretary and chief executive officer. Other members include Olabode Agoro, Adeniyi Adekoya, Gbolahan Onibuje, Jubril Gawat, Kikelomo Bolarinwa, Olayemi Sarumi, Lekan Fatodu, Moshood Ajide and Ibrahim Adigun.

Speaking at Lagos House, Oshodi said the board would focus on creating sustainable funding pathways for infrastructure development and athlete support.

“The Lagos State Government is spending heavily on sports, but it is never enough in a megacity of over 20 million people,” he said.

“We need facilities to support athletes. While the government is trying, the private sector must play a major role.”

Oshodi noted that successful sporting nations rely significantly on private investment and expressed confidence that the board would attract strong corporate backing.

“Our main target is private sector support. With this board’s capacity, we expect quick wins and long-term sustainable sports development in Lagos,” he added.

Head of Sports at BusinessDay Media, a seasoned Digital Content Producer, and FIFA/CAF Accredited Journalist with over a decade of sports reporting.Has a deep understanding of the Nigerian and global sports landscape and skills in delivering comprehensive and insightful sports content.

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