Key Takeaways
- • The Knights of St. Mulumba Nigeria (KSM) has set a target of N400 million for its Kaduna Metropolitan Council endowment fund, designed to provide perpetual funding for charitable work.
- • Regional councils reported contributions toward the initiative: Abuja N465 million, Lagos N504 million, Calabar N325 million, Onitsha N290 million and Benin N250 million.
- • The Order is pursuing a principal-preservation model in which donations are invested and only the interest is used for programmes, reducing reliance on dues and levies.
- • The fund targets seven areas, including victims of violence, hospital and community health care, education, widows and orphans, prison apostolate, legal aid, and internal welfare.
- • A partnership with the Lagos State Government was disclosed to help mobilise additional resources.
Summary
The Knights of St. Mulumba Nigeria has targeted N400 million for its Kaduna Metropolitan Council endowment fund to strengthen humanitarian interventions and secure sustainable funding for its charitable activities, according to a report by the News Agency of Nigeria (NAN). The fundraising event in Kaduna on Friday drew Catholic clergy, knights, traditional rulers, government officials, politicians and other dignitaries.
Kaduna Metropolitan Grand Knight James Kanyip said the initiative aims to create a financial foundation for the Order's charitable work that outlasts its current leadership. He explained that contributions would be preserved and invested, so the principal remains intact while interest generates a continuing stream of funding. Kanyip identified seven beneficiary areas: assistance to victims of violence and prostitution, hospital care and community health outreach, educational initiatives, support for widows and orphans, prison apostolate, legal aid and social justice advocacy, and internal relief and welfare schemes.
Deputy Supreme Knight Dan Egwu, who chairs the Endowment and Resource Mobilisation Committee, said the Order has previously funded prison inmates, motherless babies' homes, seminarians and priests, environmental protection and feeding programmes. He disclosed that during the COVID-19 pandemic the Order spent about N400 million from internal resources supporting members, and that dues and levies were no longer sufficient for its growing responsibilities. He also announced that the Abuja Metropolitan Council had raised N465 million, Calabar N325 million, Onitsha N290 million, Lagos N504 million and Benin N250 million toward the initiative, and that a partnership with the Lagos State Government had been established to mobilise further resources.
UBA regional manager in Kaduna Gabriel Francis described the fund as a sustainable investment and announced a personal donation, although the amount was not disclosed. Jerry Adams, APC deputy governorship candidate in Kaduna State, pledged N5 million. The Order's Noble President, Antonia Ngozi Orbah, called for greater attention to the poor, widows, orphans and other disadvantaged groups. Adams also noted that Governor Uba Sani, who was abroad with President Bola Tinubu, was expected to support the initiative after a briefing from the Order's leadership.
Kaduna Metropolitan Grand Knight James Kanyip said the initiative aims to create a financial foundation for the Order's charitable work that outlasts its current leadership. He explained that contributions would be preserved and invested, so the principal remains intact while interest generates a continuing stream of funding. Kanyip identified seven beneficiary areas: assistance to victims of violence and prostitution, hospital care and community health outreach, educational initiatives, support for widows and orphans, prison apostolate, legal aid and social justice advocacy, and internal relief and welfare schemes.
Deputy Supreme Knight Dan Egwu, who chairs the Endowment and Resource Mobilisation Committee, said the Order has previously funded prison inmates, motherless babies' homes, seminarians and priests, environmental protection and feeding programmes. He disclosed that during the COVID-19 pandemic the Order spent about N400 million from internal resources supporting members, and that dues and levies were no longer sufficient for its growing responsibilities. He also announced that the Abuja Metropolitan Council had raised N465 million, Calabar N325 million, Onitsha N290 million, Lagos N504 million and Benin N250 million toward the initiative, and that a partnership with the Lagos State Government had been established to mobilise further resources.
UBA regional manager in Kaduna Gabriel Francis described the fund as a sustainable investment and announced a personal donation, although the amount was not disclosed. Jerry Adams, APC deputy governorship candidate in Kaduna State, pledged N5 million. The Order's Noble President, Antonia Ngozi Orbah, called for greater attention to the poor, widows, orphans and other disadvantaged groups. Adams also noted that Governor Uba Sani, who was abroad with President Bola Tinubu, was expected to support the initiative after a briefing from the Order's leadership.
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