BusinessHighlight

Dangote set to disburse N15bln food items to 774 LGAs to cushion harsh economic conditions

“Our goal is to extend our reach across all the 36 states and the Federal Capital Territory, ensuring that as many of our fellow Nigerians as possible benefit."

2.1k
Advertisement




Nigerian businessman and industrialist Alhaji Aliko Dangote says he has allocated N15 billion for food supplies to the vulnerable people across the 774 local government areas in the country.

The initiative, flagged off in Kano and Lagos States on Saturday, is perceived as a swift response to the current economic challenges in the country by the company. So I’m so

The Aliko Dangote Foundation delivered 120,000 bags of rice to support about one million disadvantaged individuals across all 44 local government areas in Kano State.

Dangote stated at the presentation event at the Government House in Kano that the company spent N15 billion on food supplies in the 774 local government areas.

He announced that Kano would receive 120,000 bags, and the 774 local government areas would share the remaining bags.

He said: “We are here in Kano to flag off the distribution of over one million 10kg bags of rice, targeting over one million of the most vulnerable persons across the 774 local government areas in Nigeria at the cost of over N15 billion.

“The allocation will be given to Kano State because of the large population and level of poverty.

“This initiative is part of our response to the current economic challenges facing our nation, and it is a testament to our commitment to supporting our communities in line with our core values.

“We will begin this humble endeavour in Kano State and Lagos State today, recognising the urgency in providing immediate relief to those in need.

“Our goal is to extend our reach across all the 36 states and the Federal Capital Territory, ensuring that as many of our fellow Nigerians as possible benefit.”

See also  Nigeria engages stakeholders on national pathways for food systems transformation

Author

Leave a comment

Related Articles

Dangote Presses On With $16bIn Kenya Refinery After Court Order

By Samuel Akpan Dangote Group has declared that a Kenyan court directive...

CBN Floats ₦2.5trn in OMO Bills to Mop Up ₦2.43trn Maturity

By Samuel Akpan The Central Bank of Nigeria (CBN) has floated a...

Otedola Hails Tinubu’s Bold Reforms After Paris Dinner

By Samuel Akpan Billionaire Femi Otedola declared on Tuesday he remains proud...

Tinubu Departs Paris for Lagos After 4-Week ‘Working Vacation’

By Samuel Akpan President Bola Tinubu has departed Paris following his working...