Finance

Dangote cement empowers 245 youths in host communities 

Dangote lists N300bn series 1& 2 largest bonds on NGX, FMDQ

No fewer than 245 youths from Dangote Cement Ibese Plant’s 16 host communities have been trained and empowered till date in different skills since the commencement of operations in Ibese with significant impact on the local economy. 

This disclosure by the Plant’s Director, Azad Nawabuddin came just as the Ogun state government commended the organization for the economic value it has been adding to the people and government of the state. 

The Ibese plant Director while speaking during the distribution of started packs for 30 trainees at the end of a three-month intensive tailoring and fashion designing training for youths from its host communities in partnership with the Industrial Training Fund (ITF), said the training was in furtherance of the company’s Community Youth Empowerment programme designed to improve the economy of the local communities by making the able youths self-employed. 

Read:  Operator pleads for cryptocurrency regulation

According to Nawabuddin, the successful completion of the training programme marked another milestone in the journey of community investment by Dangote Cement Plc. with the cardinal objective of contributing towards long term improvement of the local communities by delivering and sustaining value to them. 

He said: “the thirty beneficiaries have joined the league of self-employed in our locality. These carefully selected male and female entrepreneurs have undergone intensive training in Tailoring and Fashion designing for three months, under the tutelage of the Industrial Training Fund and are receiving their certificates and startup packs, and by extension, their means of livelihood”. 

According to him; “this empowerment programme is another demonstration of the commitment of Dangote Cement Plc. Ibese Plant, to improving the social-economic condition of the neighbouring communities. We are committed to continuous implementation of impactful social investments that will eradicate poverty and improve the standard of living in our host communities.” 

Read:  NAHCO GMD seeks single digit interest loan for ground handling companies

The Plant Director also explained that the Dangote Cement, Ibese has carefully designed its youth empowerment scheme, knowing fully that Government and the private sector alone cannot meet fully the employment expectations of the youths, especially in a densely populated and youth dominated country like Nigeria. 

Read:  FG offers May savings bonds for subscription

“The most plausible alternative therefore, is for the youths to acquire adequate skills in various trades to become entrepreneurs and self-dependent. This programme is therefore timely and most auspicious as its intended impact cannot be overemphasized”, he added. 

The Dangote Cement boss recalled that so far 245 youths from the Ibese Plant’s host communities have been trained and empowered in different skills since the commencement of operations in Ibese with significant impact on the local economy. 

Independent

Related posts

Banks’ credit to govt rises by N11tn – Report

NigGal

FCMB announces Oluwatoyin Olaiya as Executive Director, Risk and Compliance

NigGal

LIRS announces January 31 deadline for filing of annual tax returns

NigGal

Sterling, GTBank, Zenith cut dollar limits to $20

NigGal

Access Bank total assets hits N10.05trn

NigGal

Akwaaba African travel market to commence Nov 29

NigGal

Leave a Comment