Tag: Dangote Foundation

  • Hard Journey to the Boardroom

    Hard Journey to the Boardroom

    By Yetunde Oladeinde for The Nation

    The theme for this year’s International Women’s Day was Women in the Changing World of Work: Planet 50-50 by 2030. Around the world, women and men were invited to pledge their utmost efforts in achieving workplace gender parity by 2030.

    Sadly, in many parts of the world this remains an ambitious plan, notably in our native Nigeria. Walk into any boardroom in downtown Lagos or Abuja and it will be overwhelmingly male-dominated. Just what is stopping our Nigerian sisters from breaking the glass ceiling?

    The feminist movements of the 1960s and 1970s mean that in many developed countries, women have been pouring into the workplace for over 40 years.

    Yet the unfortunate reality is that Nigeria has been left lagging behind. In fact, a quick glance over the first 20 listed companies on the Nigeria Stock Exchange (NSE) reveals that seven of the listed companies don’t have a single woman on their board, and that five have only one woman each.

    Erelu Angela Adebayo, former first lady of Ekiti State and the first ever chairwoman of WEMABOD Estates Limited (one of Nigeria’s leading real estate firms) said: “I have been chairman of WEMABOD, chairman of Afriland Properties, board member of Dangote Foundation and many more. And in all of them, I am the only woman and it makes me think that I am a token woman.”

    Whilst the Nigerian economy has exploded and our industry has been catapulted into the 21st century, attitudes towards gender roles are deeply rooted in traditions and we raise our daughters accordingly.

    University education is very important to Nigerians—in elitist circles a Master’s degree from a foreign university will deem you excellent wife material, but not necessarily capable of holding your own in a company boardroom.

    The mentality in Nigeria simply doesn’t accommodate young women who come out of university keen to get going on establishing high-flying careers. As renowned Nigerian author and outspoken feminist Chimamanda Ngozi Adichie said on society’s attitudes to young women, “You can have ambition, but not too much, otherwise you’ll threaten the man.”

    The harsh reality is that we Nigerians raise our daughters to believe that they aren’t capable of reaching the same heights as men.
    Encouragingly, in spite of such circumstances and mentalities, organisations are popping up across the country to foster female leadership and help women climb the career ladder.

    One such initiative is Women in Successful Careers ( WISCAR ), created in 2008 by renowned Nigerian businesswoman Amina Oyagbola. WISCAR, based in Lagos, offers young professional women strategic guidance and support to assist them in better navigating their career pathways.

    WASCAR

    During her 25-year-long career, Oyagbola has noticed that without advice on how to navigate the corporate world, young professional women become confused and isolated, and suffer a loss of confidence in their ability to overcome these challenges.

    In response to such downfalls WISCAR provides young women with a one year long mentoring plan conducted by top-level professionals, and advocates for gender friendly policy in the corporate world.

    Women who do manage to make it to the top ranks of companies initiate positive change in both the corporate world and society as a whole. Indeed, female managers and CEOs are deemed more trustworthy and collaborative than their male counterparts.

    Nigerian economist Mrs Dr. Nike Akande noted: “They [women] possess very strong business ideas and seek to share their business ideas with others who may benefit from their discoveries.”

    Women are also better problem-solvers and mentors to young colleagues—benefitting the future of the company.
    Promisingly change is on the horizon, notably in the traditionally male dominated banking sector of Nigeria. Former Central Bank of Nigeria (CBN) governor, the Emir of Kano Sanusi Lamido Sanusi, put into place a policy stating that 40 percent of the bank’s top management and 30 percent of board directors should be women during his tenure at the CBN—which lasted from 2009 to 2014.

    “I am a very strong believer in diversity, be it gender, ethnic or religious, but I believe it can never be achieved by sacrificing merit and competence,” he said.

    What remains clear for the moment is that Nigerian women are highly capable professional women, pushing for change in a patriarchal corporate world that is slowly beginning to shift.

    How do we speed up the process of obtaining better gender equality in the professional world? Whilst this may remain a tricky question to answer, one possible option may be to take a page from the Nigerian banking sector’s book.

  • Dangote foundation donates N20m in foodstuff to IDPs

    Dangote foundation donates N20m in foodstuff to IDPs

    Foremost businessman Aliko Dangote has donated food items worth about N200 million to Internally Displaced Persons (IDPs) in Borno State.

    Dangote, who made the donation through the Aliko Dangote Foundation, pledged to complement government’s efforts towards ameliorating the suffering of the IDPs.

    He reiterated that donation became more urgent especially because of Ramadan.

    The Chief Executive of the Foundation, Zouera Youssoufou, who made the donation on behalf of Dangote, said it was part of the foundation’s humanitarian efforts towards the well-being of Nigerians in need.

    “This gesture is in continuation of the group’s efforts to provide succour to Internally Displaced Persons in Borno State.

    “The foundation is providing food items worth N200 million to support IDPs in the state. The items include Rice, Spaghetti, Sugar, Salt, Millet, Maize, Noodles, Semolina and Wheat Meal,” she said.

    Governor Kashim Shetima thanked the Dangote Foundation for its continuous support to the people.

    He said: “Words are not enough to describe how grateful the people of Borno are to Alhaji Aliko Dangote and his Foundation, who has relentlessly come to support and share in our plight in our time of need.”

    Executive Chairman of the State Emergency Management Agency Ahmed Satome said the Dangote Foundation is unique because it provides all classes of food required by the IDPs, in line with the global acceptable standards.

    According to him, 371,000 IDPs will benefit from the intervention.

  • Dangote Foundation renovates Kano hospital with N7.2b

    Dangote Foundation renovates Kano hospital with N7.2b

    Dangote Foundation has spent about N7.2 billion to upgrade and renovate the Murtala Specialist Hospital, Kano.
    Managing Director/Chief Executive Officer Zouera Yousuffou spoke at the handing over of the facility to the Kano State government. She was assisted by Executive Director Hajia Fatima Dangote.
    The facilities renovated were the surgical and diagnostic centre, side laboratory and blood bank facilities, sinking of boreholes, beddings, maternity and laundry wards, as well as the construction of drainage pattern.
    Yousuffou hinted that the foundation will train medical personnel to handle the equipment to ensure proper maintenance, adding that the multi-billion new Surgical and Diagnostic Centre being built will gulp about N7 billion, while the new side laboratory and blood bank building, including other vital infrastructure, cost about N200 million.
    Governor Abdullahi Ganduje, who was represented by his deputy, Prof Hafiz Abubakar, thanked the foundation for the historic intervention, adding that the gesture will alleviate the sufferings of pregnant women.

  • Dangote Foundation boosts healthcare in Katsina

    Dangote Foundation boosts healthcare in Katsina

    As part of efforts to boost healthcare delivery system, Dangote Foundation last week championed a free medical care for the vulnerable and poor Nigerians in Katsina State.

    Justifying the need for the support, the Foundation said it had not just started helping out in the area of health but that the free medical service is a new joint initiative which is a continuation of its efforts aimed at creating wider access to health care for less privileged Nigerians.

    Thousands of ailing people, including sickly elderly and malnourished children alike trooped out to the General Hospital in Kankia Local Government area of the state, venue of the exercise and were treated free.

    The free medical outreach in Katsina State include free consultations, medicines and minor operations; advocacy on health and nutrition to women; as well as training of interns and medical personnels who in turn would offer medical advises to the people.

    The programme which was spearheaded by Dangote Foundation was in collaboration with the Katsina State Government; Give-Back Nigeria, a UK based Charity Organisation and Gachi Development Foundation.

    The state governor, Aminu Bello Masari, who flagged off the three-day medical services expressed appreciation to the Dangote Foundation and its collaborators for the gesture and described it as a service to humanity for which God would surely reward.

    He explained the programmes being mapped out by his admninitsratiuon to tackle health care challenges among his people and said the Dangote Foundation has in no small measure assisted in quickening the health programme. The governor urged other spirited organisation to look in the direction of joining hands with government to ensure the poor also have access to quality health care services.

    In her remark, the Chief Executive Officer of the Foundation, Mrs. Zouera Youssouffou said the Foundation decided to sponsor the free medical outreach because the health sector is a critical part of the Foundation’s focus in contributing to the upliftment of the society and her people.

    She stated that issues bordering on the health of Nigerians have always been of concern to Dangote Foundation and that was the reason it has been involved in all efforts at ensuring poor Nigerians also benefit from sound health care services.

    “We were very active in the fight against the dreaded Ebola and jointly we defeated it. So also we mounted a lot of campaigns to see that polio was eradicated. We are happy that today, one year down the line no single case of polio has been recorded.

    “This goes to show that collectively we can eradicate most of the disease ravaging our people if we deploy the will. We in Dangote Foundation believe that health is wealth, and economic activity can succeed when the people are sick”, Youssouffou noted while adding that the Foundation would continue to support Nigerian government and the new Katsina state administration.

    Dr Shamsudeen Yahyah, a Director in the Ministry of Health of Katsina State, urged all the contributing agencies to try and sustain such gesture, adding that their support will go a long way in assisting the government in achieving its goals.

    He identified poverty, ignorant as the major causes of diseases in the Northern part of the country.

    Speaking also Dr. Tasiu Suleiman Gachi, the Project Leader said he was impressed by the Dangote Group and other organisations.

    Over the years the Dangote Foundation has injected huge amount of money to the development of the health sector in the country.

    It is currently constructing N440million State-of-the-Art Theatre and Diagnostic Centre at the Murtala Muhammad Specialist Hospital in Kano.

    The Foundation has also disbursed about 600million in the last three years on Routine Immunisation and Primary Healthcare in Kano State alone, as well as the construction of 11 units of primary health care centres across 11 Local Governments.

  • Dangote Foundation donates N20m for scholarship

    Dangote Foundation donates N20m for scholarship

    THE Dangote Foundation has donated N20 million for scholarship at James Hope College Agbor, Delta State.

    The scholarship will  cover selected indigent students’ school fees through their secondary school years.

    Chief Executive Officer of the foundation, Zouera Youssoufou, who presented the donation at the school premises in Agbor, said the foundation was focussing on education because “it is central to the development of the society”.

    She explained that the body would continue to do all within its resources to help in uplifting education and healthcare standard – two areas she said the foundation had invested in.

    “Education is key for future development of our youths and the society. Most countries of the world referred to as developed achieved the height because they placed premium on education,” she noted.

    According to her, the Dangote Foundation would continue to partner with groups and appropriate institutions to identify potentials among the disadvantage students in secondary schools and help them develop their potentials through offer of scholarships.

    The foundation chairman, Aliko Dangote, visited the school last year, promising that the charity organisation would spread its intervention to the school through offer of scholarships.

    Receiving the cheque on behalf of the school, its principal, Mr. Abraham Swart, thanked the foundation for the gesture, saying it demonstrated the love Dangote have for the less-privileged in the society.

  • Dangote announces N200bn endowment for foundation

    Dangote announces N200bn endowment for foundation

    Foremost industrialist, Aliko Dangote, has endowed the Dangote Foundation with N200bn, a day after Forbes magazine named him the 23rd richest man in the world and the richest in Africa.

    In a statement, Dangote stated that “the Dangote Foundation is now 20 years old. This initial endowment will ensure that the Dangote Foundation has secure and steady funding to carry out its mission as we significantly scale up our work.

    “The reconstituted board of trustees includes Aliko Dangote, Sani Dangote, Halima Aliko Dangote, Olakunle Alake, A. B. Mahmoud, Aigboje Aig-Imoukhuede, Angela Adebayo, Hajara Adeola and Yvonne Ike. And last year, we appointed Adhiambo Odaga as the managing director to grow the Dangote Foundation team. The stage is set now for the next stage of our institutional growth.

    “Going forward, from the second quarter of this year, we will lay greater emphasis on youth and women empowerment through large scale efforts that cultivate meaningful change in their lives.”

    Dangote established the foundation in 1994 to extend the impact of his growing business operations.

    Current interventions that focus on youth and women include a national cash transfer programme designed to complement state governments’ poverty alleviation programmes by providing N10,000 grants to at least 1,000 women and youths in each of the 774 Local Government Areas in the count.