At least three professors are on the five-man committee set up to distribute N250 million across orphanages in Nigeria.
Nigerian music star, David Adeleke, popularly known as Davido, who set up the committee, announced this in a statement on Saturday.
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Below are those on the committee:
1. Mrs Titi Adebayo -Chairman of the committee.
2. Professor Jonathan Nwosu -Secretary of 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
Expressing gratitude to all those who made the donations, Davido said the outcome exceeded his expectation.
“I have always been passionate about giving back and helping people. In view of this, I am delighted to announce that all funds received, totaling NGN 200,000,000.00, will be donated to orphanages across Nigeria as well as the Paroche Foundation. In addition, I will be making a personal donation of NGN 50,000,000.00, bringing the total amount to NGN 250,000,000.00.
“To oversee the distribution of funds to beneficiaries, I have established a five-person Disbursement Committee.
“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 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.
“My goal is to do this fundraising every year to celebrate my birthday and give back to 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. God bless you all. We rise by lifting others, Davido.”