Chairman, Dangote Group, Alhaji Aliko Dangote, yesterday
launched his charity organization Dangote Foundation in Lagos.
The Foundation on Thursday disbursed N400m micro
grant to 40,000 indigent women in all the local governments in Lagos State.
The grant is a poverty alleviation strategy of the
Foundation set up by Africa’s richest man, Aliko Dangote in 1993, according to
a statement.
The programme is costing the Foundation N10bn and six states
have so far benefitted from it, according to a statement by the DF.
The empowerment programme, which is meant to compliment the
efforts of the government at all levels, is targeted at the disadvantaged and
vulnerable women and youths, with a one-off N10,000 cash transfer to boost
household income generation.
Among the dignitaries that graced the occasion is the Lagos
State Governor, Mr. Akinwunmi Ambode with Chief Executive, Stanbic IBTC, Sola
David-Borha; Wife of former Ekiti State Governor, Erelu Angela Adebayo;
Managing Director, Airtel Nigeria, Mr. Segun Ogunsanya; Executive Director,
Dangote Foundation, Hajiya Halima Dangote, Chairman, Dangote Group, Alhaji
Aliko Dangote; Commissioner for Women Affairs & Poverty Alleviation, Hon.
Lola Akande and Majority Leader, Lagos State House of Assembly, Hon. Sanai
Agunbiade.
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