VP Yemi Osinbajo who was at the launch of the Cuppy Foundation which held at the Congress Hall of the Transcorp Hilton in Abuja last night, said the donation of N5 billion made by billionaire businessman, Femi Otedola, to the Save the Children Foundation, is the single largest donation to philanthropy in the country.
Cuppy Foundation which is owned by DJ Cuppy, daughter of Femi Otedola, is working with the Save the Children Foundation, to bring succour to children in the North East. DJ Cuppy is a board ambassador for Save the Children and 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.