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."

890

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.”

Leave a comment

Related Articles

Western Digital launches SanDisk Desk Drive

Western Digital has launched the SanDisk Desk Drive, the latest addition tonits...

Reps. stand down motion for suspension of CBN’s cybersecurity levy

The House of Representatives has stepped down the motion to suspend the...

How Emotionally Mature Are You?

Where do we come from? What are we and where are we...

Just in: ALGON accuses Rivers Gov. Fubara of withholding LG funds, backs impeachment call

The Rivers State chapter of the Association of Local Governments of Nigeria...

World Red Cross Day

On May 8th, we celebrate World Red Cross and Red Crescent Day,...

Tinubu returns to Nigeria today – Presidency

President Bola Tinubu will arrive in Abuja on Wednesday from Europe, the...

Hummels’ towering header sends Dortmund to the final, first time in 11 years

Mats Hummels scored the defining goal as Borussia Dortmund booked their place...

Another gas explosion rocks Lagos, leaving three dead

Another gas explosion in Lagos has killed three people, this time at...

Release FIJ journalist Daniel Ojukwu, Spaces for Change urges police authorities

Spaces for Change (S4C) has called for the immediate and unconditional release...

Crazy father asks wife to throw their disabled 6-year-old son into crocodile-infested river, mauled to death

A mother has thrown her disabled six-year-old son into a crocodile-infested river,...

Petrol: Again, NNPC Ltd. cautions against panic buying

For the umpteenth time, the Nigerian National Petroleum Company Limited (NNPC Ltd)...

List of five charges Nigerians pay for electronic transactions

Following the latest directives from the Central Bank of Nigeria (CBN) authorizing...

Lagos coastal highway: Stop the calumny campaign, Presidency tells Atiku

The Presidency has cautioned former Vice President Atiku Abubakar not to distort...

CBN’s Cybersecurity Levy: 16 banking transactions exempted

The Apex Bank has released a list of the 16 banking transactions...

CBN directs banks to charge 0.5% cybersecurity levy on transactions

The Central Bank of Nigeria (CBN) has directed banks to implement a...

Rivers political crisis: You are extinct in the eyes of the law, Fubara tells state assembly

The simmering tension between Rivers Governor Siminalayi Fubara and the pro-Wike members...

Lagos lawmakers to IGP: Your position on state police unacceptable

The Lagos State House of Assembly has disagreed with the position of...

FG, Jamaican govt. strengthens partnership in film, animation industry

The Jamaican government has joined a lengthy list of countries considering robust...

Again, two Nigerians killed in South Africa, a month after killing five

Two more Nigerians have been killed in cold blood in Germiston, South...

FG partners pharmaceutical companies to pare drug prices

Prof. Mojisola Adeyeye, the Director-General of the National Agency for Food and...