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UBA DONATES N5B TO FIGHT CORONAVIRUS

ByCitizen NewsNG

Mar 27, 2020

 

United Bank for Africa Plc (UBA) has announced a donation of over N5 billion ($14 million), through the UBA Foundation, to catalyse a comprehensive pan-African response to the fight against the coronavirus (COVID-19) global pandemic. The donation will provide significant and much-needed support to Nigeria and 19 other African countries, by supplying relief materials, critical care facilities, and financial support to Governments.
The UBA support programme will be allocated as follows: N1 billion ($2.8 million) to Lagos State Government in Nigeria; N500 million ($1.4 million) to Nigeria’s Federal Capital Territory, Abuja; N1 billion ($2.8 million) to the remaining 35 states in Nigeria; N1.5 billion ($4.2 million) to UBA’s presence countries in Africa; and N1 billion ($2.8 million) for Medical Centres with equipment and supplies Free Telemedicine call centre facility.

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