Thursday, Feb 20th 2020 2:52 AM
Lagos
+29°C

Market Digest Nigeria

Entertainment

ADF gives N10 billion micro-grants to 34,000 women in Katsina

THE Aliko Dangote Foundation (ADF) has empowered no fewer than 34,000 vulnerable women from all the 34 local governments in Katsina State from a N10 billion micro-grant set aside for disadvantaged women across the country.

The money is set aside to empower the women economically either to start or boost their businesses. Speaking at the flag-off ceremony held yesterday in Batagarawa Local Government in Katsina State in the presence of the state governor, Alhaji Aminu Bello Masari and other top government officials, Chairman of ADF, Aliko Dangote,    disclosed that 1,000 women were drawn from each of the state’s 34 local government areas, with each woman receiving N10,000,00 each.

Dangote explained that the Foundation had in 2012 earmarked N10 billion for the empowerment of vulnerable women in the 774 Local governments in the country. He added that so far about 360,000 women from Kano, Lagos, Jigawa, Kogi, Adamawa, Borno and Yobe, Niger, Sokoto and Nasarawa States representing 40% have benefitted.

“The Micro-grants programme is a major component of the Economic Empowerment pillar of the 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.

Click to comment

Leave a Reply

Your email address will not be published.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

To Top
SUBSCRIBE NOW!
Get the best of Market Digest Nigeria financial news
delivered to your inbox daily!
By clicking Give it a try, I hereby: Agree and Consent to the Terms of Use and the Privacy Policy
& I may receive free newsletters & promotions from this site and can choose to unsubscribe anytime.