The Aliko Dangote Foundation has commenced the implementation of its share subscription grant initiative for Nigerian women, with the programme extending to eligible policewomen and military women.
The Dangote Group confirmed to The PUNCH that eligible female personnel in the police and military are among the beneficiaries covered by the initiative, which targets up to two million Nigerian women through the ongoing Initial Public Offering of Dangote Petroleum Refinery and Petrochemicals FZE.
The initiative, which was announced by the foundation recently, is aimed at increasing women’s participation in Nigeria’s capital market, particularly among low- and middle-income earners and vulnerable women.
Under the programme, eligible women can access grants to acquire shares in the Dangote refinery, promoting equity ownership, savings and long-term investment, as well as creating opportunities for wealth creation through participation in the capital market.
In a statement on Wednesday, the foundation said the beneficiaries include independent applicants earning
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