Women across 774 LGAs to receive micro-grants from Dangote


Share post:

Top business magnate in Africa, Aliko Dangote, has promised to empower indigent Nigerian women. Speaking in Sokoto recently, the billionaire said a micro-grant, worth N10 billion, will be distributed across all the local government areas in Nigeria to help select indigent women start petty trading.

The micro-grant is part of the Aliko Dangote Foundation initiative. The aim is to lift more households out of poverty. Overall, 774, 000 women across Nigeria’s 774 local government areas will each receive N10,000 as trade support.

According to Aliko Dangote, the President/ Chief Exceutive,Dangote Industries Limited, ” “The Micro-grants programme is one component of the Economic Empowerment pillar of the Aliko Dangote Foundation. We will provide the 23,990 vulnerable women identified by your selection committee, with a one-off, unconditional N10,000.00 cash grant to boost their household income. This, we believe will help reduce their vulnerability and meet their livelihood needs.”

“This N10 billion programme was launched in 2012, and is being systemically rolled out nationwide to reach 1,000 vulnerable women in each of our 774 LGA in Nigeria”, he added.

The micro-grant will go a long way to boost economic participation of women in Nigeria. It will also support efforts by the Central Bank of Nigeria (CBN) and other financial institutions to reimburse small businesses.

Toyin Afilaka
Toyin Afilaka
Toyin Afilaka writes with simplicity and insight. He aims to enrich the Nigerian small business landscape. Through Hustle24 he connects entrepreneurs with information about new policies, enterprise solutions and opportunities that will aid their 'hustle'. He has written extensively for CobraReview, a product review portal, and served as a lead project manager for MarketingMix where he consulted as PR consultant for MTN Project Fame and Business Next Titan etc.


Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Related articles

HBR: Four (4) Approach to Diversifying Your Business – Graham Kenny

Summary: Although conventional wisdom suggests that companies should look for growth opportunities close to their core businesses and...

HBR: How to Become a Super Communicator at Work

by Charles Duhigg Summary.    We’re not born knowing how to communicate effectively. Rather, great communication is a skill that nearly anyone...

Opportunities: Orangle Corner Nigeria dangles 40,000 Euros funding before young entrepreneurs

Applications are now open for the 10th cohort of the Orange Corners Nigeria Incubation Programme. The Orange Corners...

Demography key factor in Nigeria’s real estate sector’s evolution – Bartholomew Egbochie

Despite the challenges in the operating environment, experts are projecting growth in the real estate sector. Mr Bartholomew...