A faith-based humanitarian organisation Zakat and Sadaqat Foundation (ZSF) will on Sunday disburse N102,251,490 million to indigents in Lagos.
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.
ZSF Executive Director Prince Sulayman Olagunju in a chat with Vanguard said 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.
He said: “There are various beneficiaries that are going to go home with tricycle, motorcycle, and all of sorts of equipment for empowerment like grinding machine, refrigerators, sewing machine and so on while some are going home with cash to establish their various 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 stocking their shops with goods to that would enhance their businesses.”
Comments expressed here do not reflect the opinions of Vanguard newspapers or any employee thereof.