Nigeria’s Vice President, Yemi Osinbajo said Federal Government’s grassroots planning has helped its investments programmes.
Osinbajo stated this on Sunday in Lagos at the inauguration of the Dash Me Store, an outfit of the Dash Me Foundation founded by the immediate past Finance Minister, Mrs Kemi Adeosun.
The store is established to mobilize resources for onward distribution to vulnerable people in the society via grassroot charities.
According to the Vice President, “I am excited to be here for several reasons, but most of all because of Mrs Adeosun’s commitment to the notion that all service to man is actually service to God, and she took that very seriously.”
Vice President noted that “this is why, as Minister, she prioritized the Social Investment Programmes, when for the first time, the country voted almost N500B of our annual budget to welfare programmes which are called the Social Investment Programmes, which involved engaging 500,000 young men and women, and also giving microcredit to about 2 million traders and also a home-grown school feeding programme for 9.5 million children daily in public schools across the country.
“I am therefore really not surprised that she has decided to use some of her enormous talent and influence to establish an organization that raises funds and provides resources for indigenous grassroot charities working with orphaned and vulnerable children, disadvantaged youth, and victims of domestic violence.”
Speaking on the establishment of Nigeria’s first thrift-for-charity online store, Prof. Osinbajo said adding social enterprise to philanthropy with a structure that allows for resource mobilization for charity as well as creates the opportunity for people to earn a living in the process, should be the way to go.
His words: “what I think is happening here is that philanthropy is not like it used to be when all you needed was a good and kind heart and you didn’t need to plan or organize as you would a business for-profit.
“What Kemi and her team have done is to bring the new notion of social enterprise to this project. Philanthropy run with the discipline, attention to detail, and financial prudence of a successful business, and she can do all of that, and I am sure her team is imbibing that, given her background in finance in both private and public sector.”
“It is an innovative and structured way of aggregating donations to earn income to transform the lives of the vulnerable and needy while creating jobs in the process.
“I must say that your focus on funding grassroots charities is so crucial and I know that, having campaigned with you on behalf of our party, the APC all around Ogun and in every part of Nigeria, it is clear that you can’t reach Nigeria and Nigerians if you don’t have a plan for the grassroots.”
Earlier in her remarks, Mrs Adesoun said the idea of the store is to aggregate donations of different kinds for charitable causes, noting that Nigerians from different fields of endeavour and from across the country would be enabled via the online store to contribute to supporting the needy in the society.