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Nairametrics

Dangote Has Donated N30bn To Charity in Two Years. See Who Got Some Of The Money

Nairametrics by Nairametrics
July 21, 2014
in Uncategorized
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Africa’s richest man, Alhaji Aliko Dangote, has doled out about N30bn to charity across the continent in the last two years, the Dangote Group has said.

The group also said the Dangote Foundation planned to up this philanthropic gesture to different African countries, including Nigeria.

The statement said in Benue State alone, the group had been running an annual scholarship scheme worth N10m in Gboko communities.

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It said in Benue State, 15 villages were electrified at the cost of N115m, adding that 14 blocks of classrooms had been constructed for the community around the company at the cost of N84bn.

It also said through the Dangote Academy, it had spent about N1bn to provide the needed manpower across various disciplines.”

Last month, the Dangote Cement, Ibese, through the Dangote Foundation, announced a scholarship for some Yewa community, including 50 students of various secondary and tertiary institutions.

It also recalled that the group had recently donated $500,000 to victims of explosion in Republic of Congo.

“Dangote Foundation also contributed a staggering $2m to flood victims in Pakistan and N120m to cushion the effect of famine in Niger Republic,” it added.

Two years ago, the company made a donation of N2.5bn to cushion the effect of flooding in Nigeria, making it the single highest donation by a private body in Nigeria.

Other donations include N430m to flood victims, unemployed youths and women in Kogi State two years ago; about N1bn for the economic empowerment of women in Kano State; and N540m to vulnerable women as a result of insurgency in the North East of Nigeria.

The group had pumped over N1bn into the rehabilitation of some Nigerian universities, as part of its contribution to the educational sector.

Punch

Tags: Aliko DangoteNews Review
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Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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