The Dangote Foundation has extended its grassroots poverty alleviation scheme to Adamawa and Yobe states with the disbursement at the weekend of the sum of N655million to 65,000 vulnerable women and youths in the two states.
The disbursement is a continuation of its award of special grant to states aimed at alleviating poverty by empowering the grassroots dwellers financially.
In Adamawa, the Foundation distributed grants totaling N315million to women and youths numbering 31, 500 across the 21 local government areas of the state, while 34,000 people benefitted from the fund disbursement in Yobe.
The chairman of the Foundation, Aliko Dangote had expressed concern over widespread poverty among the people especially the youths and the women at the rural areas and promised that his organisation would institute a scheme that would help in ameliorating their plight. Consequently, the Foundation came up with a micro-grant scheme aimed at empowering rural dwellers with funds to enable them to engage in petty trading.
In Adamawa, no less than 21,000 women in the 21 local government areas of the state benefited from the largesse, while 5,250 female youths and another 5,250 male youths were given a grant of N10, 000 each.
The programme, according to Dangote, will ultimately cover at least 1,000 women in each of the 774 local governments of the country. This is part of the Foundation’s support of the Federal Government’s efforts to tackle poverty in the country. The Foundation has earmarked grants in excess of N10 billion for this purpose.
Already, women and youths in Kano, Bauchi, Kaduna, Kogi and Gombe states have benefited from the scheme. In Kano, women in each of the 44 local government in the state, shared N600million, while in Jigawa, where verification of beneficiaries is ongoing in the 27 local government areas, Dangote has earmarked N270 million to help the women.
Meanwhile, Yobe State Governor, Ibrahim Geidam, has commended the Foundation for the gesture and called on other corporate organizations and individuals to emulate the Foundation.