The Dangote Foundation has extended its
grassroots poverty alleviation scheme to Adamawa and Yobe states with the
disbursement of N655 million to 65, 000 vulnerable women
and youths in the two states.
The disbursement which is aimed at alleviating poverty by
empowering the grassroots dwellers financially would ensure 31,500 women and
youths across 21 local government areas in Adamawa state will benefit from a
grant totalling N315 million while 34,000 people from Yobe state will benefit
from N340 million.
According to the chairman of Dangote foundation, the
initiative was embarked upon to address concerns over widespread poverty
amongst women and youth at the grassroots, empowering them with funds to
undertake petty trading which would help reduce youth unrest and other social
vices among the women.
The initiative which has been successfully implemented across
Kano, Bauchi, Kaduna, Kogi and Gombe states is expected to cover at least 1000
women in each of the 774 local government areas across the nation supporting
existing government’s poverty eradication efforts with earmarked grants in
excess of N10 billion.
"This is one of the goals of Dangote
Foundation's Community Development Services”, he stated.
Supporting women requires bold and sustainable initiatives and
we have chosen to partner with State governments to support women, because, as
in other developing countries, they bear the burden of the basic unit of the
society and investing in them would not only help meet the basic needs of the
community but spur economic development.”
Dangote further called
for the revival of the agricultural sector by the Nigerian government through
meaningful investments and promoting policies that would encourage farming as a
potential weapon against poverty. He also stated that agriculture has capacity
to engage more Nigerians and give the nation much sought after foreign earnings
much more than oil.
Yobe State Governor, Ibrahim Gaidam commended Dangote Foundation
for the gesture and urged other corporate organizations and well-endowed
individuals to emulate the philanthropic work for a better Nigeria.
Tags
Society
This is a welcome development when the country is in trying times. I commend dangote and his foundation 4 empowering d youth but we need 2 call on more richer individuals and more finacially boyant organisation 2 support govt or empower more women nd youth in d society
ReplyDeleteA welcomed development. can some one please tell Adenuga to stop enrinching Nigerian musicians who allready have made their millions. He should follow Dangote's step
ReplyDeleteThe hand of the Giver is always on the top..God bless you Alhaji Dangote
ReplyDeleteOga Dangote,we in the South East are waiting for our own share too..Remain blessed
ReplyDeleteU beta wake up cuz he wil nt rem us.is well
DeleteAdenuga shuld do the same and not enriching musicains .
ReplyDelete