Coronavirus: UBA Donates N2.5B To Nigeria
The United Bank For Africa Plc (UBA) announced a donation of about 5 billion naira for Covid-19 relief support for countries in Africa, out of which, 2.5 billion naira is for Nigeria.
UBA’s Group Chairman, Tony Elumelu, issued the statement on Thursday, on his official Twitter handle.
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According to Elumelu, the private sector has to work with various governments, in curbing the spread of the Coronavirus pandemic.
“This is a time when we must all play our part; this global pandemic must bring citizens, governments and business leaders together and quickly,” he said.
According to the statement, 1 billion naira goes to the Lagos State government, another 1 billion naira would go to the remaining 35 states in Nigeria; while 500 million naira is donated to the Federal Capital Territory ,Abuja.
The statement also added that the remaining 2.5 billion( 7 million U.S. dollars) would go to African countries with UBA’s presence and for supplies of medical equipments and facility.
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He further said that the bank, among other things, would also fund a medical center in Lagos, providing some beds for isolation and other medical gadgets in partnership with Avon Medical Hospital, a subsidiary of Heirs Holdings healthcare.
