Davido shares more details on his N300 million donation to 427 orphanages

Amidst Nigeria's economic crash, on February 21, 2024, Davido announced his pledge to donate 300 million naira to orphanages in Nigeria.

Two days later, on February 23, 2024, Davido, on behalf of the David Adeleke Foundation, released a statement showing the breakdown of his 300 million naira donation to support orphanages across Nigeria. The renowned musician and philanthropist released a statement detailing the foundation's commitment to aiding vulnerable children in need.

The statement revealed that the donation will benefit a total of 427 orphanages spanning all states in Nigeria. With a meticulous approach, the foundation identified 13,936 eligible children for assistance, while 1,688 were deemed ineligible for support. Each eligible child is set to receive an average disbursement of 19,733 naira from the allocated funds.

This significant contribution underscores Davido's dedication to making a positive impact on society and uplifting the lives of underprivileged children. The David Adeleke Foundation aims to provide essential support and care to those who need it most. The release of the disbursement list showcases transparency and accountability in the foundation's efforts to ensure that the donation reaches those who will benefit most from it.

Davido's net worth is estimated to be about 40 million dollars coming from different sources. His wealth is attributed to his successful music career, endorsement deals, record labels, and real estate investments.