Dangote Grants empowers 65,500 women, youths in two States

Spread the love

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.

 

 

  • Related Posts

    FirstBank wins financial Institution of the year at Afrexim Bank Award 

    Spread the love

    Spread the love•The award was bestowed on FirstBank in recognition of the Bank’s role in promoting trade and investment endeavours across the continent. • With its subsidiaries across the FirstBank…

    Tinubu’s 15 Days Give Market a Glimpse of Nigeria Turnaround

    Spread the love

    Spread the loveJust two weeks into the job, Nigeria’s President Bola Tinubu has pulled the right levers for markets: ridding the country of a costly fuel subsidy, removing a controversial…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Spain Beat England In Nations League To Extend Unbeaten Run

    • By admin
    • September 27, 2026
    • 1 views

    ‘Black Market’ Breaks Guinness World Record With Over 51,000 Viewers At TBS

    • By admin
    • September 27, 2026
    • 0 views

    Cholera Outbreak At Kano Custodial Centre Contained — NCoS

    • By admin
    • September 27, 2026
    • 1 views

    Mbappe Suffers Knee Injury, Could Return For El Clasico

    • By admin
    • September 27, 2026
    • 1 views

    Trump Rejects Iran Proposal For Deal To Reopen Hormuz

    • By admin
    • September 27, 2026
    • 1 views

    How Solar Works – A Photo Guide from Dotifi.com

    • By admin
    • September 26, 2026
    • 1 views