Dangote Foundation lifts women with N13 million in Nasarawa
Nasarawa<br />Photo: Wikipedia
The Dangote Foundation, an affiliate of the Dangote Group, has given out N13 million to 13,000 vulnerable women in the 13 local councils of Nasarawa State.
President, Dangote Group and Chairman of the Foundation, Aliko Dangote, disbursed the funds yesterday in Lafia.
He said the Foundation was a Micro Grant Programme and had given the same gesture to about nine states of the federation since its inception two years ago.
Speaking at the event, Dangote noted that the Foundation started its vision of empowerment in 1993 with the hope of improving the lives of the vulnerable and less privileged in society.
He said the core goals of the Foundation include health and nutrition, education, economic empowerment and provision of relief materials, among others.
He added that the programme was one of the components of the Foundation that provides unconditional N10,000 cash transfer to poor households.
“This, we believe, will help reduce their vulnerability and improve their livelihoods. The programme was launched in 2016 and has systematically rolled out 1000 vulnerable women from each of the 774 local councils in the country.
“It is estimated that we will spend about N10 billion. Apart from this, we have some programmes where we lend money through the Bank of Industry (BoI) at zero interest rate, which we usually give to people in the medium industry aimed at complimenting government’s efforts in its economic empowerment and poverty reduction drive,” he stated.
Meanwhile, the Economic Community of West African States (ECOWAS) has lamented that only 14 per cent of women were members of parliaments in the sub-region, saying the figure was the lowest in the world.
This was disclosed at the just concluded 2018 First Ordinary Session of the ECOWAS Parliament, which commenced on May 10, 2018 and ends tomorrow.
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