The United Bank for Africa Plc (UBA) on Thursday announced a donation of over N5 billion ($14 million) through its UBA Foundation, to catalyse a comprehensive pan-African response to fight the COVID-19 global pandemic.
A statement from the bank explained that the donation would 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.
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.”
A breakdown of the UBA support programme showed that N1 billion ($2.8 million) would go to Lagos State Government; 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; N1 billion ($2.8 million) for medical centres with equipment and supplies; and free telemedicine call centre facility.