A faith-based humanitarian organisation Zakat and Sadaqat Foundation (ZSF) will on Sunday disburse NN102,251,490 million to people in Lagos under its empowerment programme.
The Annual Zakat Distribution Ceremony, 12th of its kind, will hold at the Alausa Secretariat Central Mosque Auditorium, Ikeja.
It will be chaired by the Group Managing Director of Complete Communication Limited, Alhaji Mumuni Alao.
The ZSF Executive Director, Prince Sulayman Olagunju, told The Renaissance that the empowerment programme is targeted at raising the economic status the needy.
Olagunju said the foundation will also distribute equipment materials to entrepreneurs.
Part of the fund, he noted, will go to the youth having challenges in their academic pursuit and others with critical accommodation problems.
“Various beneficiaries will go home with tricycle, motorcycle and all sorts of equipment for empowerment.
“Such equipment include grinding machine, refrigerators, sewing machine among others while some will get cash to establish their chosen business plans.
“The unique thing about this year’s distribution is the fact that most of the people we are giving already have their shops.
“So instead of using the fund to rent shops, they will divert it to storing their shops with goods to that would enhance their businesses,” Olagunju said.
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