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Singer Davido finally disburses N300M to 428 orphanage homes in Nigeria for the Economic Hardship

Singer Davido finally disburses N300M to 428 orphanage homes in Nigeria for the Economic Hardship
Singer Davido finally disburses N300M to 428 orphanage homes in Nigeria for the Economic Hardship

Renowned Nigerian vocalist, David Adeleke, widely recognized as Davido, has successfully allocated a sum of N300 million to 428 orphanage homes in Nigeria.

Today, February 23rd, 2023, Davido utilized his verified Instagram page to disseminate the list of beneficiaries, making the information accessible to everyone.

It is noteworthy that on Friday, February 20th, 2024, Davido had previously announced his philanthropic initiative through a tweet, expressing his intention to distribute N300 million to various orphanages across Nigeria.

He wrote;  “I and my foundation pledge the sum of 300 million Naira to orphanages around Nigeria … as my yearly contribution to the Nation ❤️ .. details of disbursement tomorrow 🇳🇬.”

However, Davido through his foundation known as “David Adeleke Foundation” commits N300M to orphanages across Nigeria.

He wrote; “THE DAVID ADELEKE FOUNDATION COMMITS #300 MILLION TO ORPHANAGES ACROSS NIGERIA We are pleased to announce that The David Adeleke Foundation, DAF, has committed to an additional donation of N300 million to orphanages across Nigeria as part of our ongoing efforts to contribute to the welfare of our nation’s children.

As done consistently over the past three years, this decision has been made with careful consideration and a steadfast dedication to improving the lives of vulnerable children within our society.

The disbursement process, which will commence within the coming weeks, will be overseen by the DAF Disbursement Committee, ensuring transparency and accountability in the allocation of funds. We understand the importance of transparency and accountability in charitable endeavours.

Therefore, we assure the public that the allocated funds have been deposited into the foundation’s accounts, as mentioned in previous announcements. According to the updated disbursement list, the total number of eligible children is 13,936, with 1,688 deemed ineligible. The allocation is set to benefit a total of 427 eligible orphanage homes. With a total amount of 300,000,000 to be disbursed, this translates to an average of #19,733 per eligible child.

We acknowledge that the process of disbursing these funds to various orphanages will take time as the statistics of these orphanages constantly change over time.

We are committed once again. to ensuring that the allocation is carried out meticulously, with thorough vetting processes in place. to verify the legitimacy of recipient institutions and to guarantee that the funds are utilised for their intended purpose.

We anticipate that the disbursement process will be completed within the next two to three weeks. During this time, our team will work diligently to verify and process payments to the selected orphanages across the country.

We understand that there may be concems and inquiries regarding the donation, and we appreciate the public’s patience and support as we work to finalise the details. We assure you that updates on the progress of the disbursement will be provided in a timely manner. DAF remains committed to making a positive impact on the lives of Nigerian children, and we thank everyone for their continued support and encouragement.”

See the post below (swipe to see the full list below;

 

View this post on Instagram

 

A post shared by Davido (@davido)

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