Nigerian artist David Adeleke popularly known as Davido has provided an update on his generous N300 million pledge to orphanages in Nigeria.
In an official statement released by ‘THE DAVID ADELEKE FOUNDATION,’ Davido shed light on the allocation of the substantial donation he pledged to support orphaned children in Nigeria.
This initiative stems from the birthday cash gift he received in 2022, emphasizing his commitment to making a positive impact on the lives of those in need.
“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 endeavors.
“Therefore, we assure the public that the allocated funds have been deposited into the foundation’s accounts, as mentioned in previous announcements.
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“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 concerns 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. Sincerely, David Adeleke OON Founder, The David Adeleke Foundation.”
