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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Corporate Social Responsibility»Dangote Foundation disburses N400 million grants to 40,000 women in Lagos state
    Dangote

    Dangote Foundation disburses N400 million grants to 40,000 women in Lagos state

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    By Staff Writer on May 27, 2016 Corporate Social Responsibility, Funding, Mobile Money

    In its bid to enhance the income generating capacity of indigenous women in Lagos state, Dangote Foundation is disbursing micro grants of N10,000 and mobile phones to 40, 000 indigent women in all the local governments in Lagos State. The programme is expected to reach beneficiaries across the 20 Local Governments and 37 Local Council Development Areas of the State.

    The mobile phones will be given through Airtel Nigeria while  the funds will be disbursed via electronic payments.

    At the flag-off ceremony held at Lagos House, Ikeja, Governor Akinwunmi Ambode appealed to the first set of beneficiaries not to abuse the opportunity afforded them by the scheme.

    “The seed grants you will receive have been provided to enable you engage in petty commercial activities and cottage business that will put food on the table for your family and not a largesse that should be spent frivolously,” Ambode said.

    Chairman of the Foundation, Aliko Dangote, said that the Dangote Trust Fund Micro-Grant Scheme was targeted at a minimum of 1,000 vulnerable women in each of the 774 Local Government Areas across the country.

    Already 256,500 women in Adamawa, Borno, Jigawa, Kano, Kogi, Yobe states have benefitted from the scheme.

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    Airtel Nigeria Dangote Foundation Dangote Trust Fund Micro-Grant Scheme
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