Aliko Dangote, chairman of the Dangote Group, says his foundation will invest $700 million in the education of Nigerians over the next ten years.
Speaking on Sunday at the 2025 Doha Forum in Doha, Qatar,
the business magnate committed to supporting over 155,000 Nigerians who will be
drawn across secondary schools and universities in the country.
Dangote, during a panel session that featured Bill Dates and
Sheikha Al Mayassa, discussed how innovation, philanthropy, and cultural
investment are reshaping opportunity across Africa and beyond.
He said the investment is poised to reduce the number of
children who are out of school in Nigeria and provide more man-power with the
technical capacity to advance the economy of Nigeria.
“In Africa, we have a population of about 1.4 billion
people, so partnership is important,” he said.
“Partnership also matters, that is why we partnered with the
Bill and Melinda Gates Foundation to eradicate polio in Nigeria.
“We have a lot of children that are out of school so what we
are going to launch next week is a $700 million fund to fund education.
“We will run it for ten years then we review.
“We are doing that because we have a lot of challenges in
Africa, one of which is training.”
Dangote noted that the Dangote Petrochemical has trained
more than 50,000 Nigerians to ensure the smooth operation of the
160,000-barrel-per-day refinery.
He said the skilled workforce will be redeployed as part of
the refinery’s ongoing expansion, while his investment in education will
increase talents for industries in Nigeria.
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