The Top10 magazine, Nigeria’s foremost monthly publication has released the list of Nigeria’s top 10 philanthropists, under the title, “Top 10 Philanthropists behind Nigeria’s Largest Private Foundations”.
In the latest edition of the magazine which looks at the stakes and contributions of Nigeria’s largest private foundations, the magazine lists the top 10 philanthropists leading the pack of individuals that have committed substantial part of their wealth to philanthropy and humanitarian services.
Top on the list are
Aliko Dangote, founder of Aliko Dangote Foundation
Rochas Okorocha, founder of Rochas Foundation
Tony Elumelu, founder of Tony Elumelu Foundation
Jim Ovia, founder of Jim Ovia Foundation
Theophilus Y. Danjuma, founder of TY Danjuma Foundation
Emeka Offor, founder of Sir Emeka Offor Foundation
Oba Otudeko, founder of Oba Otudeko Foundation
Folorunso Alakija, founder of Rose of Sharon Foundation
Muhammadu Indimi, founder of Mohammadu Indimi Foundation
Subomi Michael Balogun, founder of Otunba Tunwase Foundation.
Mr. Tony Iji, publisher of The Top10 Magazine, said in a release that, “In line with our tradition of celebrating 10 leading lights in every sector of the society, this edition of the magazine focuses on the top 10 Nigerian philanthropists who have distinguished themselves with proven track record of commitment to philanthropy and service to humanity by committing substantial part of their wealth to the development of the society”.
He said that the initiative behind this edition is in response to the continuous strategic important role of philanthropy to societal development in view of the inability of government to provide all societal needs. In Nigeria, government is well behind in meeting the millennium development goals but philanthropy is on the way to the rescue. Philanthropic agents have become a major balancing force as competing interests and many political hurdles have kept government intervention in human welfare continually sub-optimal.
According to him, the major criteria for selection of the top 10 were; size of their foundations, track record of activities, volume of interventions, strategic importance of areas of focus and evidence of impact created in the society by their foundations.
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