Dozy Mmobuosi Foundation

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Dozy Mmobuosi Foundation is an African private non-profit organization founded in December 2021 by Dozy Mmobuosi and Tosin Mmobuosi headquartered in Lagos, Nigeria. The primary stated goals of the foundation are to enhance healthcare, education, entrepreneurship and youth empowerment through technology.[1][2] Key individuals of the foundation include Dozy Mmobuosi, Tosin Mmobuosi, Christopher Cleverly, Ebuwa Martins Agbonwaneten and John Murphy. The foundation is self-funded by Dozy Mmobuosi and does not accept donations.[3]

History[edit]

The Dozy Mmobuosi Foundation was founded in December 2021 by Nigerian businessman Dozy Mmobuosi and Tosin Mmobuosi, as an extension of his unwavering belief in Africa as a catalysts for Africa's transformation. In September 2022, during the launch of the Dozy Mmobuosi Foundation at the Dorchester Hotel, Dozy Mmobuosi pledged to donate 10% of his total net worth to the foundation.[4]

Activities[edit]

$10 million mobile prostate cancer screening service[edit]

In July 2022, the Dozy Mmobuosi Foundation launched its flagship Mobile Prostate Cancer Screening Service aimed at providing free mobile prostate cancer screening throughout the 36 states in Nigeria. The screening exercise was conducted across the 36 states in Nigeria on mobile buses equipped with testing equipment. The project reportedly had 4000 medical practitioners as volunteers. The project which kicked off in Lagos had in attendance celebrities like Keppy Ekpenyong, Fred Amata, Orits Wiliki, Segun Arinze, Ayo Adesanya, Emeka Ossai, Yemi Blaq and so many others.[5][6]

Dozy Mmobuosi Super Cup Football Tournament/ Federation Cup[edit]

In April 2023, The Dozy Mmobuosi Foundation hosted the Dozy Mmobuosi Super Cup Football Tournament also known as Nigeria Federation Cup where the best eight teams from the Nigeria Professional League in the 2022/23 NPFL season participated.[7] The foundation hosted the tournament with a N100million cash prize for the winner of the tournament. Shooting Stars Sports Club (3SC) emerged the winner of the maiden edition of the Super Cup.[8][9]

Cyclone Freddy victims[edit]

In March 2023, Cyclone Freddy hit Malawi leaving thousands homeless. During Dozy Mmobuosi's visit to Malawi in July he pledged to rebuild 100 houses and empower the victims of the Cyclone Freddy with cash to start new businesses worth over $500,000.[10] In December 2023, the project was completed and commissioned by former presidents Bakili Muluzi and Joyce Banda.[11]

Fraud allegations[edit]

In 2023, legal actions were taken by the US Securities and Exchange Commission against Dozy Mmobuosi, alleging that he had been involved in an attempt to deceive investors by exaggerating the financial performance of Tingo Group.[12] On January 2, 2024, Mmobuosi faced charges in the US related to securities fraud, submitting false filings to the SEC, and conspiracy.[13]

References[edit]

  1. ^ Nigeria, Guardian (2023-11-15). "Dozy Mmobuosi Foundation set to celebrate 2023 International Men's Day with Prostate Cancer Awareness Walk". The Guardian Nigeria News - Nigeria and World News. Retrieved 2023-12-12.
  2. ^ Nigeria, Guardian (2023-11-19). "At Dozy Mmobuosi Foundation walk, Nollywood actors explain need for prostate screening". The Guardian Nigeria News - Nigeria and World News. Retrieved 2023-12-12.
  3. ^ "Dozy Mmobuosi Foundation Raises the Bar with Federation Cup: A Self-Funded Triumph". SportsRation. 2023-12-12. Retrieved 2023-12-12.
  4. ^ Content, Branded (2022-09-24). "Dozy Mmobuosi Pledges to Donate 10% of His Net Worth to DM Foundation". Punch Newspapers. Retrieved 2023-12-11.
  5. ^ "Dozy Mmobuosi Launches $10M Free Prostate Cancer Screening in Lagos - PAN AFRICAN VISIONS". 2022-06-06. Retrieved 2023-12-11.
  6. ^ Onwuzoo, Angela (2022-06-15). "Foundation provides mobile cancer screening facility in Lagos". Punch Newspapers. Retrieved 2023-12-11.
  7. ^ Nigeria, Guardian (2023-05-24). "We chose eight best teams for NPFL/Dozy Mmobuosi Super Cup, says Elegbeleye". The Guardian Nigeria News - Nigeria and World News. Retrieved 2023-12-11.
  8. ^ "3SC Outclass Enyimba at NPFL-Dozy Mmobuosi Pre-season Super Cup - THISDAYLIVE". www.thisdaylive.com. Retrieved 2023-12-11.
  9. ^ "3SC win N100m in NPFL-Dozy Mmobuosi Pre-season Super Cup - Daily Trust". dailytrust.com. 11 December 2022. Retrieved 2023-12-11.
  10. ^ Admin. "NIGERIA'S MMOBUOSI PLEDGES TO CONSTRUCT OVER 100 HOUSES FOR RESETTLEMENT OF MALAWI CYCLONE VICTIMS". Retrieved 2023-12-12.
  11. ^ "About Dozy Mmobuosi's Laudable Intervention in Africa Food Sector | Independent Newspaper Nigeria". independent.ng. 8 June 2023. Retrieved 2023-12-12.
  12. ^ "SEC.gov | Dozy Mmobuosi, et al". www.sec.gov. Retrieved 2024-03-22.
  13. ^ Davies, Rob (2023-12-19). "Businessman who tried to buy Sheffield United accused of 'elaborate' fraud". The Guardian. ISSN 0261-3077. Retrieved 2024-03-22.