Dangote gives N20bn charity in two years

Category: News Published on Monday, 21 January 2013 06:00

The Dangote Group have increased its philanthropic works to about N20 billion between 2011 and 2012, a statement from the company has said.

It also said the Group’s Corporate Social Responsibility scheme in Gboko communities also hit N492 million last December.

The group according to the statement had donated N2.5 billion to victims of flood in the country, making it the highest corporate donor to flood victims in the country.

Dangote had donated N50 million worth of relief material and N150 million cash to flood victims in Kogi State.

President of the Dangote Group Alhaji Aliko Dangote also announced a N230 million women empowerment fund for Kogi State.

Modeled after the Group’s N600 million empowerment scheme for Kano women, the Kogi’s donation is expected to help ginger economic activities among women in the state.

In 2011, the conglomerate’s social responsibility activities were valued at N15.5 billion.

The statement said early in the year the group had maintained its philanthropic tempo as it doled out $500,000 to victims of explosion in Republic of Congo.

“The Dangote Industries Limited has also donated N100 millon to the University of Science and Technology, Wudil, Kano within the first quarter of last year,” the statement added.

The statement quoted the president of the group Alhaji Aliko Dangote in an interview as saying that he is determined to intensify his charity works, and as well create jobs for many Africans.

“About this philanthropy, I think from this year, I personally want to take it very seriously. I want to be much more aggressive than what we have had in the past.

“We already have a foundation which will do all these things, but I am trying to see what we can do to encourage, not only Nigerians, but other Africans.

“I am not going to give all my money to charity, but I am going to try my best and give part of that money to charity. I am working hard on it,” he said.

The group pumped over N1 billion into the rehabilitation of some Nigerian universities.