Dangote Spends N15.5bn on Social Responsibility

19 Dec 2011

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Aliko Dangote 

Executive Director of Dangote Foundation, Mr. Ahmed Iya, said Dangote Group has spent N15.5 billion to impact positively on the society under its Corporate Social Responsibility (CSR) services for this year.

He said the CSR activities carried out through the Dangote Foundation covered wide range sectors including, health, community service, education, empowerment etc across African continent and beyond.

Speaking with journalists on the CSR profile of the organisation at the weekend, Iya said the Dangote group had it as business policy to impact positively not only on the communities hosting its many investments but deliberate intervention in the areas of human needs globally.

He stated that the CSR was an intrinsic part of its activities by which the group fulfils its mission, lives by its values, engages with its stakeholders, measures its impact and reports on its activities.

According to him, Dangote has invested billions of naira into its CSR activities and within this year alone, we have spent N15.5 billion. This is not just the traditional building of bore holes, or provision of electricity poles without light, or health care centres without drugs,” he said.

“Just as the Group as the most diversified business conglomerate in the country, has interest in diverse sectors spanning cement, sugar, salt, flour, pasta, noodles, tomato paste, Vegetable oil refining, logistics, real estate, food and beverages, telecom, steel etc, so also its CSR covers a wide range of activities across the country and beyond.

“From sectors like education, housing, security, health and activities covering donations to displaced victims of violence, flood disaster, women empowerment, youth employment, and community service.

“Dangote has made its imprint felt more than any other indigenous company. To reflecting its status as a pan African company, Dangote Group has extended its CSR beyond the shore of the country by donating to worthy causes in the neighbouring Niger republic and Pakistan,” he said.

Reeling out some of the CSR activities, Iya stated that the Dangote Group has established a technical training institution known as the Dangote Academy, to address the dearth of skilled manpower, especially in the manufacturing sector, and to promote rapid industrialisation of the country, using local talent.

Said he: “Recently, a sum of N200 million donations was made to Katsina University. The Group donated N500million for the development of Bayero University Business School, Kano, in addition to funding a 500 student capacity hostel complex of the University of Science and Technology, Wudil.

Dangote had earlier donated N118 million for the construction of the squash complex at the main campus of the University of Nigeria, Nsukka, and N50million to the University of Port Harcourt, as part of its CSR initiatives targeted at some of the nation’s universities.

“In August this year, the Dangote Foundation donated N100million to the proposed Otuoke University in Bayelsa State to enhance smooth take-off of the tertiary institution.

“Dangote Group also rose to be counted in the provision of succour for victims of natural disaster in some states of the federation.

“Last July, it donated N100 million to the Lagos State Government to assist in the rehabilitation of the victims of the flood disaster in the state, while two months later, Dangote moved to Ibadan to commiserate with victims and donate N60 million.

“Again, Alhaji Dangote who led the management of the Group to Ibadan said the donation was a humanitarian gesture, which is in line with the commitment of the Dangote family to positively impact the lives of the people, especially by rallying round victims of natural disasters. Sokoto state also benefitted with N100 million to resettle its flood victims.

“Earlier, the Dangote Foundation moved to Kaduna, Bauchi and Gombe to put smiles on the faces of the post-election violence victims in the states who were being camped at various locations within the three states. In all about N400 million was spent in addition of millions of naira worth of relief materials and company products distributed affected families in Kaduna, Bauchi and Gombe.

“In community service to the people, the governor of Lagos State, Babatunde Fashola could not hide his feelings when Olakunle Alake, the Chief Operating Officer of the Dangote Group announced a donation of N50 million to the State’s Security Fund, in March 2011.

Last month, the governor of Kano state and top government officials were gathered at a flag off ceremony of a women empowerment and poverty alleviation ceremony where Dangote group distributed N600 million to vulnerable women in the state’s 44 local governments to start off businesses, so as to reduce poverty among them and stem the growing rate of divorce in the state, which has been traced to lack of means of livelihood among the women."

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