AFE Babalola Foundation, a charity established by Chief Afe Babalola, a renowned philanthropist, will give various sums of money varying from N10,000 to N100,000 to 500 under-privileged Nigerians.
A statement from the management of the foundation stated that those who qualify to apply are indigent students, men and women (young and old) who need financial assistance. However, those who are gainfully employed are excluded.
To qualify, according to the statement, interested members of the public should obtain free Application Forms immediately by visiting Afe Babalola University website or visit AB Foundation Civic Centre, Iworoko Road, Ado-Ekiti, to obtain a hard copy of the form.
The statement added that all duly filled application forms must be submitted either online or to the AB foundation Civic Centre, Ado-Ekiti latest by 12:00noon on Thursday, December 29, 2016.
A committee set up by the foundation will, on December 30, 2016, sift applications and select 1,000 qualified applicants.
On January 3, 2017 the qualified 1,000 applicants will participate in a ballot exercise out of which 500 winners will emerge.
The 500 winners will receive between N10,000 and N100,000 each at AB Foundation Civic Centre, Iworoko Road, Ado-Ekiti, on Tuesday, January 3, 2017.
The exercise will be presided over by Dr Ado Ibrahim, the Ohinoyi of Ebiraland.
The guests of honour are Chief Segun Oni, former governor of Ekiti State; former Minister of Education, Professor Tunde Adeniran; the host governor, Mr Ayodele Fayose.
Royal father of the day is Oba Rufus Adeyemo Adejugbe, the Ewi of Ado-Ekiti.