President of Africa Investors in Diaspora Association (AIDA) Dr. Philemon Ibrahim Gora said the organisation in 2020 launched an empowering projects that made at least 10,000 Nigerians beneficiaries to become millionaires, amidst the COVID-19 pandemic and its adverse effect on economy.
He stated this while receiving Nigerian Leadership Award (NLA 2020) award in Kaduna at the weekend.
Gora said the empowerment project was achievable as his organisation provided access to loans without collateral, organised skills acquisition programmes, empowered the less-privileged, provided access to 25% subsidy for members, who shopped in some major stores in Nigeria such as Shoprite and Sahad, as well as provided agricultural grants for persons interested in farming.
Gora said the organisation had launched a product known as “double for your trouble”, which enabled members to have 100 per cent returns on any amount invested within seven working days.
According to him, AIDA is focused on uplifting the living standard of people and complementing government’s efforts at alleviating poverty through scholarship awards, subsidy, debt recovery services, viable short-term investment counselling and provision of interest-free and “non-collateral business loans to entrepreneurs”.
He also said 120 beneficiaries comprise students in primary, secondary and tertiary institutions recently received scholarship from the organisation.
Goro added that he discovered that there are many parents that are stranded and the children want to go to school but the parents do not have means, so he came to the rescue by assisting.
“I will pay 100 per cent into the school’s account while the parent is expected to refund 50 per cent to me. I have done it for 120 students,” he said.
He added that the students benefitted from the scheme, which started in September.
“I discovered that the secret of living is giving and the secret of money is that the more you give, the more you will get. Money lives in people and money lives in problems. Rich men of this world depend on people,” he said.
He added that the organisation also provided access to loans without collateral, organised skills acquisition programmes, empowered the less-privileged, provided access to 25% subsidy for members, who shopped in some major stores in Nigeria such as Shoprite and Sahad, as well as provided agricultural grants for persons interested in farming.
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