The Aliko Dangote Foundation (ADF) has announced that it released a sum of N4.2billion as part of its Micro Grant Programme for empowering women in the rural areas across the country.
Announcing this was the Chairman of the Aliko Dangote Foundation during the flag-off of its one-off unconditional Micro-grants Programme on Tuesday in Bauchi State, where he stated that he empowered twenty thousand vulnerable women across the 20 Local Government Areas of the State.
Dangote who was represented by the company’s Group Executive Director Government and Strategic Relations, Mansur Ahmed said so far over four hundred thousand poor women have benefited from the programme in the country.
He said in Bauchi State, N200million is currently being disbursed to vulnerable women across the 20 Local Government Areas.
According to the Africa’s top philanthropist, the unconditional micro grant is aimed at supporting the government effort’s in empowering poor families in the State.
He said the Foundation had earmarked N10billion to be disbursed to vulnerable women across the 774 Local Government Areas in the country.
Dangote said states that have also benefitted from the scheme include: Lagos, Kano, Jigawa, Kogi, Adamawa, Borno, Yobe, Niger, Nasarawa, Sokoto, Katsina and Kwara state.
He added that the next states to benefit from the programme are: Osun, Edo, Ogun, Rivers, Anambra and Ebonyi state respectively.
“The Micro-grants programme is one component of the Economic Empowerment pillar of the Aliko Dangote Foundation.
“It provides disadvantaged and vulnerable women with a one-off, unconditional N10,000,00 cash transfer to boost their household income generation.
“This we believe will help reduce their vulnerability and meet their livelihood needs,” he added.
He said it is gratifying to note that majority of women who benefitted from the scheme have been able to grow the seed capital.
While thanking Aliko Dangote Foundation to coming to assist the vulnerable women in Bauchi State, Governor Senator Bala Abdulkadir Muhammad said he was very elated with ADF’s intervention across the country and especially in his state.
He expressed optimism that the intervention will support lives and livelihoods of women, children and families in Bauchi State.