Billionaire businessman Femi Otedola has donated a whooping N5 billion to Save the Children Foundation collaboration project with Cuppy Foundation. The donation was commended by Vice President ‘Yemi Osinbajo as the single largest donation to philanthropy ever in the history of Nigeria.
Cuppy Foundation’s project with Save the Children Foundation is the initiative of the billionaires daughter, DJ Cuppy. The fund raised is aimed at bringing succour to children in areas of armed conflict especially the North Eastern part of Nigeria. DJ Cuppy is a board member and an ambassador for Save the Children Fund. She also serves as a member of the organisation’s Africa Advisory Board.
Save the Children Foudation is a 100-year old United Kingdom-based charity, which is the biggest children-focused organisation in the world after UNICEF.
The Vice President who was the Special Guest of Honor at the launch, said no one would ever remember the number of houses, or cash that one has, but the impact one made. According to the Vice President, the likes of Bill Gate, Dangote and now Femi Otedola, understand the importance of living an impactful life and that is why they have turned their wealth and resources to help people and solve huge problems.
He commended Otedola for donating the huge amount, adding that the kind gesture by the business mogul had further demonstrated his commitment to the poor and less privileged in the society.
He also thanked DJ Cuppy for spearheading the initiative, saying she was making impact in a very important way.
Dignitaries at the event included, President of the Senate, Dr. Ahmad Lawan, who was represented by Senator Gabriel Suswan; former Senate president, Dr. Bukola Saraki; National Chairman of All Progressives Congress, Mr. Adams Oshiomhole; Borno State Governor, Prof. Babagana Zulum; former military administrator of Lagos State, Bri-Gen. Buba Marwa; Ogun State Governor, Prince Dapo Abiodun; and Lagos State Governor, Mr. Babajide Sanwo-Olu.
Others were Minister of Trade and Investments, Chief Niyi Adebayo; Minister of Women Affairs, Mrs. Pallen Tallen; and businesswoman, Mrs. Bola Shagaya.