The philanthropist attitude of Aliko Dangote, president of Dangote group was recognised and highlighted by Richtopia, a digital periodical that covers business, economics, and financial news, based in the United Kingdom, yesterday as the richest man in Africa was named as the sixth most charitable man in the World. Dangote recently endowed his foundation to the tune of $1.25 billion
Warren Buffett, Bill Gates and J.K Rowlings occupied the first three positions while Oprah Winfrey and Elon Musk were in the fourth and fifth position respectively.
Aside Aliko Dangote, Tony Elumelu, chairman of United Bank for Africa (UBA) was 11th on the lists and these two were the only Nigerians on the lists.
Aliko Dangote started his foundation, Aliko Dangote Foundation in 1981, with a mission to enhance opportunities for social change through strategic investments that improve health and wellbeing, promote quality education, and broaden economic empowerment opportunities.
Aliko Dangote Foundation was however incorporated in 1994 as a charity in Lagos, Nigeria. 20 years later, the Foundation has become the largest private Foundation in sub Saharan Africa, with the largest endowment by a single African donor. The primary focus of Aliko Dangote Foundation is health and nutrition, supported by wrap-around interventions in education, empowerment, and humanitarian relief.
Among many others, it would be recalled that the foundation gave out a whopping N2.5 billion, the same amount the Federal Government also donated for the purpose of ameliorating the sufferings of the flood victims during President Jonathan era.
The Foundation, in line with its mandate to provide relief in times of disaster, spread its philanthropic works beyond the shores of Nigeria with a donation of $1 million to the government of the Federal Democratic Republic of Nepal. The gesture was meant to support the government’s efforts in providing relief to the victims of the earthquakes that occurred in the country.
Niger Targets Poorest Communities With N1.2bn World Bank Scheme
The Niger State government has obtained N1.2 billion from the World Bank Assisted Community Service Development Project to improve the...
Nasarawa Upgrades Specialist Hospital
Determined to ensure the wellbeing of residents, the Nasarawa state government has upgraded the only tertiary healthcare hospital in the...
Nigerians in Diaspora : John Oluseun Dabiri An American-Based Nigerian Biophysicist
John Oluseun Dabiri who, was born in 1980, is a Nigerian-American biophysicist, professor of aeronautics and bioengineering, currently at the...
Pan Holds On To Mother Tongue Through Bible Translation
In order not to allow Pan language go extinct, the Pan-speaking natives of Quanpan local government council of Plateau have...
No Plans To Witch-hunt Bauchi’s Outgoing Administration – Gumba
Senator Ibrahim Gumba is chairman of the Transition Committee in Bauchi State. In this interview with BEATRICE GONDYI, he speaks...
Power Play In PDP As Bayelsa Conducts LGPolls
The Bayelsa State Independent Electoral Commission (BSIEC) has fixed July 27 for the conduct of the local government election into...
CRIME17 hours ago
Bandit Attacks: Katsina Emirate Suspends Sallah Durbar
NEWS20 hours ago
Edojobs-Backed Startups Pitch To Investors, Seek To Expand Clientele Base
Others20 hours ago
Miracle: Day-Old Baby Buried By Mother, Found Alive 2 Days After
NEWS19 hours ago
Bagudu Bids Farewell To Commissioners After Valedictory Session
NEWS17 hours ago
Libel: Magu Drags 247Ureport To Court
NEWS16 hours ago
Kano Govt Budgets N119m To Tackle Flood
ENTERTAINMENT2 hours ago
NFVCB Sets Up Panel To Investigate Bobrisky, Movie
NEWS20 hours ago
Forum Petitions Ikpeazu For Persons With Disabilities