Archive Gov. Ambode Launches N400m Dangote Foundation Micro Grant Scheme...

Gov. Ambode Launches N400m Dangote Foundation Micro Grant Scheme for Women

-

- Advertisment -

Seun Fadare

Gov. Akinwunmi Ambode of Lagos State has flagged off the N400 million Dangote Trust Fund Micro Grant scheme for 40,000 women across the state.

Ambode, during the ceremony at the Lagos House, Ikeja, said the scheme was designed to enhance the income generating capacity of beneficiaries through seed grants of N 10,000 and other accessories.

The programme will reach beneficiaries across the 20 Local Government and 37 Local Council Development Areas of the State.

He said: “We shall ensure that the micro-grant is administered to benefit the targeted disadvantaged and vulnerable members of our community, especially the widows and other special interest persons.

“The real essence of wealth is to improve the standard of living of people around us.

“True wealth is measured not by the property one acquires, but by the ability to positively affect the society and lift up less privileged people.”

The governor 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.

The governor urged members of the Micro Grants beneficiary selection committee to ensure transparency in the nomination process from the ward level.

“Nobody must be denied access to this facility on the basis of gender, political, ethnic or religious affiliation,” he said.

Ambode commended Alhaji Aliko Dangote for the gesture and urged other well meaning, public-spirited individuals and corporate organisations to emulate his kind gesture.

Earlier, Dangote said the programme was targeted at a minimum of 1,000 vulnerable women in each of the 774 Local Government Areas across the country.

He said that it provided women the opportunity to reduce their vulnerability and meet their livelihood needs.

Dangote said that due to the special status of Lagos State, the number of beneficiaries per local government was doubled to enable the programme reach out to a larger population of women.

He said that the programme was implemented in partnership with the State Government to make it inclusive.

According to him, beneficiaries will be given mobile phones in addition to the N10,000.

Dangote said that payments would be made electronically via mobile money platform.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Agribusiness Engagement key to Poverty Reduction among Youth

With the increasing rate of unemployment among youths in Nigeria, development stakeholders are of the opinion that agriculture can...

63% HIV Pregnant Women Do Not Access PMTCT Services -Expert Decries

By Ijeoma Ukazu | A medical expert, Dr. Ijaodola Olugbenga has decried that about 63 percent of HIV pregnant women...

UNDP To Hold Zonal Innovation Hub on Social Protection in Lagos

By Tejumade Sanusi | The United Nations Development Project, (UNDP) will be holding a two-day sensitization workshop for the establishment...

Falobi : Unforgettable Journalist, Media Activist Par Excellence

By Lekan Otufodunrin | Journalist and media career development specialist, Lekan Otufodunrin recalls the media exploits of the late founding...

PAACA Tasks Citizens on Involvement in Governance and Fight against Corruption

The Peering Advocacy and Advancement Centre in Africa, PAACA, has tasked citizens on the need to be involved in...

CDGP Records Social Protection Success at Learning Event

Save the Children International and Action Against Hunger, implementers of the Child Development Grant Programme (CDGP) with the continued support of...

Must read

Agribusiness Engagement key to Poverty Reduction among Youth

With the increasing rate of unemployment among youths in...

63% HIV Pregnant Women Do Not Access PMTCT Services -Expert Decries

By Ijeoma Ukazu | A medical expert, Dr. Ijaodola Olugbenga...
- Advertisement -

You might also likeRELATED
Recommended to you

%d bloggers like this: