The iconic music star and billionaire David Adeleke, well known as Davido on stage recently clear the air about his N250 million donation.
In November 2021, Davido published a short video urging his friends in the entertainment industry, and well wishers arround the world to send him money, as part of his birthday marking.
Hours after the video was published, the DMW boss heap N200 million from friends and well-wishers. He also made N50million donation to himself, as personal funding, which totally amount to N250Million.
The singer few days later made a public announcement, through a short video clip promising that he will set up a committee to ensure that the donated fund, will be disburse judiciously, amongst the orphanage homes across the country.
In a statement recently signed by the DMW boss, billionaire and multiple award winning singer on Tuesday clearify his fans, friends and social media users on his Instagram handle. He revealed that the money had been disbursed to 292 homes selected from all the states of the federation.
The statement reads, “As promised, a five-man disbursement committee was set up. Since its inauguration, the members of this committee have worked tirelessly to ensure that they collate the names and information of documented and verified orphanages. I am pleased to announce that the disbursement of funds is complete.
“So far, the total of N250,000,000 has been disbursed to 292 orphanages.
“As promised in my first statement, I have listed/attached the names and amounts disbursed to the various orphanages. In the spirit of transparency, I thought it wise to give you my loyal supporters, fans, friends and family an update in this regard.”
Davido also took the time to thank those who contributed to the fund and the committee that oversaw the disbursement of the funds.
“I would like to say a big thank you to everyone that made this possible, the committee of high calibre and principled people who dedicated their time to ensure this task was expeditiously carried out, my wonderful family, friends and well-wishers. Thank you for your continuous support and love,” he added.
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