- set up a committee to help pick orphanages
Some officials of Wema Bank, who has been the beneficiary of Davido’s money challenge, travelled to Dubai to meet with him.
This is coming a day after Davido revealed that the bank wants to meet him.
Meanwhile, Davido has said that the 200 million he raised from friends, colleagues, fans for his birthday will be donated to Charity.
The DMW boss, in a statement via his social media accounts, also noted that he’d be donating 50 million from his own personal money, making the total donation to the orphanage homes to N250 million.
“In addition, I will be making a personal donation of NGN 50,000,000 bringing the total amount to NGN 250,000,000,” the singer said.
Davido added, “I have always been passionate about giving back and helping people. In view of this, I am delighted to announce that all the funds received, totally N200,000,000 will be donated to orphanages across Nigeria as well as the parochial foundation.”
Davido has constituted a five-person Disbursement Committee to oversee the process. The committee is to select more qualified orphanages, submit their bank details to Wema before the money is transferred.
He said “To oversee the distribution of funds to beneficiaries, I have established a five-person Disbursement Committee Members of the Committee include 1. Mrs Titi Adebayo – Chairman of the committee. 2. Professor Jonathan Nwosu-secretary to the committee. 3. Professor Yahana Joel Asabe of the Northern Nigeria Seventh Day Adventist Union Conference. 4. Pastor (Dr) Oyalabu of Spring Time Development Foundation (SDF) 5. 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.”
The Afrobeat singer expressed gratitude to “my friends, colleagues, fans and the public for the generous expressions of love in recent days. In my usual playful manner, I requested a few days ago that my friends and colleagues send money in celebration of my birthday.
“The response and outcome exceeded my expectations, as I received about NGN200,000,000 in less than two days, I truly appreciate everyone who donated hard-earned funds and I am very thankful for your generosity.
“My goal is to do this fundraising every year to celebrate my birthday and give back to the people in need. It is my hope that my friends, fans, colleagues in the industry and the public will continue to support me as I drive this cause.
“Once again, I express my sincere gratitude to my friends, colleagues, fans and everyone that made this possible.”
Ehi Ekhator contributed to this story.©Standard Gazette, 2021. Unauthorized use and/or duplication of this material without express and written permission from this site’s publisher is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Standard Gazette with appropriate and specific direction to the original content.