Good CSR: UBA Puts Down N5bn To Battle Coronavirus In Africa
Africa's global bank, the United Bank for Africa, (UBA), said it has made available N5 billion (U$14 million) to the COVID-19 Relief Support across Africa.
The bank said it would provide the money through the UBA Foundation.
According to tweets on its twitter handle on Thursday, N1 billion, out of the total fund will go to Lagos state and N500 million to Abuja.
The bank added that another N1 billion, out of the reamining N3.5billion will be shared by the remaining 35 states in Nigeria to fight coronavirus
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It added that N1.5 billion will be shared by other African countries with UBA’s presence.
The bank also budgeted N1 billion to purchase medical equipment and supplies for medical centres across Africa.
According to the statement by UBA, “We Will Provide N5 billion (U$14 million) To COVID-19 Relief Support Across Africa.
“To catalyze a comprehensive pan-African response to the fight against the #Coronavirus pandemic, we’ll provide N5 billion to #COVID19 relief support across Africa through the @UBAFoundation,” it said.