• Home
  • News
  • Dangote Foundation empowers 34,000 Underprivileged Women
Image

Dangote Foundation empowers 34,000 Underprivileged Women

Aliko Dangote Foundation recently flagged off its one-off and unconditional Micro-grants Programme in Katsina State with 34,000 disadvantaged women as beneficiaries.

According to the statement made during the flag-off ceremony in Batagarawa Local Government Area by the President of the Dangote Group, Aliko Dangote, he said that, the foundation had in 2012 earmarked N10 billion for the empowerment of vulnerable women in the 774 local governments in the country.

The president further explained that, one thousand women were drawn from each of the state’s 34 local government areas with each woman getting N10,000.

“The micro-grants programme is one component of the economic empowerment pillar of the foundation. It provides the underprivilege and vulnerable women with a one-off, unconditional N10,000 cash transfer to boost their household income generation. This we believe will help reduce their vulnerability and meet their livelihood needs,” Dangote added.

He stressed further that, about 360,000 women, representing 40%, have benefitted from Kano, Lagos, Jigawa, Kogi, Adamawa, Borno, Yobe, Niger, Sokoto and Nasarawa states. “In the coming weeks we would be proceeding to Kebbi, Zamfara, Edo and Osun states to conduct a similar programme”.

Related Posts

Ifeyinwa Osime appointed Chair of Access Bank board

Access Holdings Plc has announced the appointment of Mrs. Ifeyinwa Osime as the new Chairman of the Board…

Nedbank plans 66% acquisition of NCBA Group

South Africa’s Nedbank Group Limited has announced its intention to acquire a controlling 66% stake in NCBA Group…

Olayinka Mubarak leads BOI Investment & Trust Company

The Bank of Industry (BOI) has announced the appointment of Olayinka Mubarak as the Managing Director of BOI…

FNB Foundation,PEP to enhance education readiness

First National Bank Botswana, through its FNB Foundation, has signed a Memorandum of Understanding (MoU) with retail giant…

Leave a Reply

Your email address will not be published.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