Coronavirus: UBA Donates N5bn To Relief Effort
United Bank for Africa Plc (UBA) has donated over N5bn ($14 million) through the UBA Foundation, to catalyze a comprehensive pan-African response to the fight against the coronavirus (COVID-19) global pandemic.
The UBA support program will be allocated as follows:
- N1 billion (USD2.8 million) to Lagos State Government in Nigeria
- N500 million (USD1.4 million) to Nigeria’s Federal Capital Territory, Abuja
- N1 billion (USD2.8 million) to the remaining 35 states in Nigeria
- N1.5 billion (USD4.2 million) to UBA’s presence countries in Africa
- N1 billion (USD2.8 million) for Medical Centres with equipment and supplies
- Free Telemedicine call center facility
The pan-African bank added it will fund a medical center immediately in Lagos with beds for isolation and ICU facilities managed and operated in partnership with Heirs Holdings’ healthcare subsidiary, Avon Medical Hospital.
Chairman UBA Group Chairman, Tony Elumelu, explained: “This is a time when we must all play our part. This global epidemic must bring citizens, governments and business leaders together – and quickly.
“As we see a rapidly increasing number of cases of the coronavirus in Nigeria and Africa, the private sector has to work hand in hand with various Governments, in stemming the spread of the global pandemic.
“We commend the efforts of governments and we are keen to partner and contribute our resources to the collective effort that will ensure the response to the pandemic is swift and effective.”