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Davido Kicks Off N300m Disbursement To 427 Orphanage Homes Across Nigeria

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David Adedeji Adeleke, a Nigerian musician, songwriter, and record producer better known as Davido, has published a list of 427 verified orphanages that will get his N300 million donation.

Recall that on February 20, 2024, Davido demonstrated his philanthropic efforts by tweeting that he will be distributing N300 million to orphans across Nigeria.

The singer has now taken to his verified Instagram page to share the disbursement statement to all and sundry.

Sharing the statement, he captioned,

“To our nation’s children, I remain grateful to be in a position to help. Please accept my humble contribution. Together we shall shape a brighter future! ⏳❤️.”

The statement reads,

“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.”

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The post Davido Kicks Off N300m Disbursement To 427 Orphanage Homes Across Nigeria appeared first on Naijaloaded | Nigeria’s Most Visited Music & Entertainment Website.

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