On Wednesday, Governor Babajide Sanwo-Olu unveiled the Lagos State Sports Trust Fund board, emphasizing the importance of leveraging the members' networks for the development of grassroots and youth sports in Lagos. He urged the board's members to utilize their diverse professional expertise to secure funding and ensure the establishment of sports institutions that will benefit current and future generations. Sanwo-Olu stressed that the mandate is clear: to mobilize resources effectively to enhance the sports infrastructure in the state.

Sanwo-Olu highlighted the critical need for prioritizing grassroots sports programs and the rehabilitation of existing sports facilities. He pointed out that there are numerous government-funded projects in need of completion and improvement. The governor also called for the need to engage the private sector in sports development, stating that many organizations possess the willingness to support sports initiatives but often hesitate to reach out to the government directly. By establishing this trust fund, the government aims to facilitate cooperation between private entities and government efforts.

The core objective of the Lagos State Sports Trust Fund is to foster a collaborative approach toward sports development, bridging the gap between government initiatives and private sponsorship. This move is intended to create a sustainable funding model that encourages growth in sports from the grassroots level and supports the overall development of sports in the state. The governor's initiative is a significant step towards revitalizing sports in Lagos and ensuring that the state remains competitive in sports on both national and international platforms.