ADVERTISEMENT
Wednesday, June 10, 2026
Tech | Business | Economy
No Result
View All Result
  • Technology
    • Trends
    • Telecoms
      • Broadband
    • ConsumerTech
      • Gadgets and Appliances
      • Apps
      • Accessories
      • Reviews
      • Unboxing
    • EnterpriseTECH
    • Security & Data Protection
    • How To
  • Business
    • Company News
    • StartUPs
      • Founder’s Story
      • Funding
    • Deals
    • People & Moves
    • SME & Entrepreneur Focus
    • BUSINESS SENSE FOR SMEs
    • Competition & Market Positioning
    • Commerce & Mobility
    • Travel
    • WomenPreneurs
  • Economy
    • Macroeconomic Trends
      • Macro Monday
      • TE Insights
    • Finance
      • Banks
      • Fintech
      • Insurance
      • Digital Assets
      • Personal Finance
    • Policies
      • Tech & Society
    • Market Analysis
    • Jobs & Workforce Economy
  • Features
    • Guest Writer
      • Chidiverse
      • Digital Assets
      • GameTech
    • EventDIARY
    • IndustryINFLUENCERS
    • MarkTECH
    • TBS
    • NewsEXTRA
  • Editorial
  • Brand Content
  • TECHECONOMY TV
Wednesday, June 10, 2026
Tech | Business | Economy
No Result
View All Result
Tech | Business | Economy
No Result
View All Result

Home » Bolt Spends N20 million on Relief Materials for Flood Victims in Nigeria

Bolt Spends N20 million on Relief Materials for Flood Victims in Nigeria

Techeconomy by Techeconomy
January 19, 2023
in Travel
Reading Time: 2 mins read
0
Bolt Spends N20 million for flood victims

In support of the communities recovering from the distressing floods across Nigeria, the leading ride-hailing platform, Bolt, has donated flood relief supplies such as food, medication, and clothing worth over N20 Million to victims in the most affected cities in Nigeria.

Bolt has distributed these items to communities in the most affected areas of Bayelsa, in partnership with Timi Dakolo, and Kogi states.

This is part of Bolt’s commitment to the cities it operates in as a responsible and compassionate corporate citizen.

Bolt Spends N20 million for flood victims
Timi Dakolo and a recipient

Nigerian cities have experienced unprecedented damages from the worst flooding in the country since 2012, affecting about 34 states.

According to the United Nations Office for the Coordination of Humanitarian Affairs (OCHA), the flooding has affected more than 3 million people in Nigeria, with over 600 people losing their lives and another 1.5 million displaced.

Subscribe to our Telegram channel for the latest updates.

Follow the latest developments with instant alerts on breaking news, top stories, and trending headlines.

Join Channel

Bolt Spends N20 million for flood victims

Bolt’s Regional Manager for West Africa, Ireoluwa Obatoki, said: “Community engagement is a priority for Bolt as a corporate citizen in Nigeria. That’s why we are happy to provide much-needed flood relief supplies to those affected in Lokoja and Yenagoa. We understand the unprecedented damage and devastation these floods have caused, and we are committed to being a compassionate and supportive presence.”

Bolt Spends N20 million for flood victims

Also speaking, popular musician and local hero, Timi Dakolo, said; “Bayelsa is home to me so it was important that we did something for the communities displaced by the flood. I thank Bolt for playing an integral role to provide basic amenities like food, medical supplies, sanitary pads, and so on, to these communities. From this initiative, we see that Bolt is part of us here, we are one because they were ther for us when we had needs.”

The flood relief support initiative will see non-perishable food, medication, clothing, and other relief materials totalling over N20 million naira distributed directly to the individuals in two of the most affected areas, Yenagoa and Lokoja.

In addition, Bolt will support active drivers on the Bolt platform in the affected cities who are now unable to earn an income via the platform.

Timi Dakolo and a recipient
Timi Dakolo and a recipient 1

Bolt has supported projects that reduce its environmental impact on the community since 2019. In Kenya, the ride-hailing company partnered with a local contributor to plant 11 million trees in degraded areas.

For Bolt Nigeria, the flooding in Nigeria is a signal to increase its commitment to sustainability across Nigeria and Africa.

0Shares
Previous Post

Dan Yerushalmi Appointed CEO of AU10TIX

Next Post

A New Year’s Resolution for SA’s Energy Crisis

Techeconomy

Techeconomy

Related Posts

UK Skilled Worker visa salary threshold changes

UK Considers Lower Salary Thresholds for Skilled Worker Visas Under MAC Proposals

June 10, 2026
Africa's Hub, IATA, Aviation, Airlines

Africa’s Hub Airlines Gain Traffic Diversions, but Fuel Costs Threaten Profitability

June 9, 2026

How SAHCO Boosts Nigeria-UAE Trade Ties via Aviation Handling Services

June 8, 2026
Load More
Next Post
Cyril Ramaphosa on South Africa Energy Crisis

A New Year’s Resolution for SA’s Energy Crisis

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast
Techeconomy Podcast

The Techeconomy Podcast is a thought-leadership show exploring the powerful intersection of technology, business, and the economy, with a strong focus on Africa’s fast-evolving digital landscape.

Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
byTecheconomy

Africa’s innovation ecosystem is evolving, but where will the funding for the next generation of startups come from?

In this edition of the Techeconomy Business Series (TBS) May 2026, industry experts explore how local capital, venture debt, and smarter investment structures are redefining startup growth and innovation across Africa.

🎙️ Featured Speakers:

* Ebunoluwa Ashley-Dejo

* Damilare Davola

* Success Ajilore (STN & Accelerated Plus)

Key conversations in this webinar include:

✔️ The future of startup financing in Africa

✔️ Venture debt and alternative funding models

✔️ The role of local investors in scaling innovation

✔️ Sustainable investment strategies for African startups

✔️ Opportunities and challenges in the African tech ecosystem

Subscribe for more conversations shaping Africa’s digital economy and innovation landscape.

#TBS2026 #AfricanInnovation #VentureDebt #StartupFinance #TechInAfrica #Techeconomy #AfricanStartups #InnovationEconomy

Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
May 27, 2026
Techeconomy
PROTECTING INNOVATION IN AFRICA’S STARTUP ECOSYSTEM
April 29, 2026
Techeconomy
BUILDING TRUST IN AFRICA ECOSYSTEM
February 27, 2026
Techeconomy
Navigating a Career in Tech Sales
January 29, 2026
Techeconomy
How Technology is Transforming Education, Health, and Business
November 27, 2025
Techeconomy
Search Results placeholder
MTN Live It 100 Thematic Campaign
ADVERTISEMENT
  • About Us
  • Careers
  • Contact Us
  • Privacy Policy

© 2026 TECHECONOMY.

No Result
View All Result
  • Technology
  • Business
  • Economy
  • Features
  • Editorial
  • Brand Content
  • TECHECONOMY TV

© 2026 TECHECONOMY.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.