Davido sets up five-man committee for disbursement of N250m orphanage donation
Award-winning singer, David ‘Davido’ Adeleke, on Saturday set up a five-man committee to supervise the disbursement of his N250m donation to orphanages across Nigeria.
Following his N100m challenge that raked in over N200m, the singer announced that he’d donate his cash gift and an additional N50m to orphanages, as he’s set to mark his birthday
On Wednesday, Davido asked his friends and fans to donate N1m each to him for his birthday.
Though he added that the goal was to get N100m, the singer received over N53m in cash transfers in less than one hour after asking colleagues for N1m.
Following the successful contribution, the singer has decided to give back to society and has set up a committee to monitor the progress.
In his statement, titled, ‘Donation of N250,000,000.00 to orphanages across Nigeria,’ the singer listed the five people who would make up the committee.
The statement partly read, “To oversee the distribution of funds to beneficiaries, I have established a five-person Disbursement Committee.
“Members of the committee include Mrs Titi Adebayo as chairman of the committee, Professor Jonathan Nwosu as secretary to the committee, Professor Yahana Joel Asabe of the Northern Nigeria Seventh Day Adventist Union Conference, Pastor (Dr.) Oyalabu of SpringTime Development Foundation, and Professor Uloma Onuoha.
“The Committee will compile a list of orphanages across Nigeria. They will determine the number of children and their needs at each orphanage, and then divide the funds accordingly.
“The committee will also determine the portion of the money that will be donated to the Paroche foundation.
“To maintain transparency, the committee will make public the names of the beneficiary orphanages and how much each will receive.
“A list of all beneficiaries and their verified account details will be submitted to Wema Bank, who will then be instructed to credit each beneficiary’s account.”