…as ARO Foundation with Golborn Nigeria partner to tackle poverty, unemployment in the country.
By Chris Onuoha
Yearly reports and statistics by several economic regulatory bodies like the World Bank, IMF, World Economic Forum, and the United Nations, are made known to the public on the state of the economy of several countries in the world.
Nigeria, per usual, makes the list as the country with a depreciating economic status, owing to the growing population and the dire lack of employment, job opportunities to meet the needs of this ever increasing populace.
In 2018, reports emerged of the rise in the poverty rate in the country as more than 70% of Nigerians (majorly women and children) now live on less than $1 (₦360) per day, leaving at least a hundred million people in abject poverty. This statistics have been proven to have resorted from the economic downturn in the country.
With this alarming rate of poverty and the lack of stable employment to curb it, institutions have begun to find alternative solutions to tackling this threat to national development, security and peaceful co-existence.
One of such solutions have been proffered to be Entrepreneurship, and worldwide organisations, including non-profits have invested in this idea as a long-standing solution.
Aham Rochas (ARO) Foundation is one of the foundations working to tackle this menace of poverty and unemployment.
In addition to the foundation’s Emergency Education Program for under privileged children, it also operates an initiative called the ARO Female Entrepreneur Program, where it partners with organisations across Africa to provide disenfranchised women with the means to acquire financial sustainability and the capacity to contribute to their immediate society.
Through this initiative the foundation has successfully established several new businesses for marginalized women across the state capital, with the latest endeavor taken in partnership with Golborn consulting in Nigeria, the commissioning of a small scale business for Mrs Hindatu Mohammed, an internally displaced mother of 11 living in one of the Displaced camps in Abuja.