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Coronavirus: Nigeria Raises N15bn

Next Edition by Next Edition
April 2, 2020
in Top News
Coronavirus: Nigeria Raises N15bn

Gov. of CBN

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The Central Bank of Nigeria (CBN) said that it has garnered N15 billion in monetary contributions for its Coronavirus relief fund from the Private Sector Coalition Against COVID-19 (CACOVID).

CBN’s Director of Corporate Communications, Isaac Okorafor, disclosed this in a statement in Lagos on Wednesday .

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According to him, the donations were from 37 donors, made up of individuals, banks and other corporate bodies.

The statement further explained: “A breakdown of the contributions showed that CBN and Aliko Dangote donated N2 billion each.

“Abdul Samad Rabiu (Bua Sugar Refinery), Segun Agbaje (GTB); Tony Elumelu (UBA); Oba Otudeko (First Bank); Jim Ovia (Zenith Bank); Herbert Wigwe (Access Bank) and Femi Otedola of Amperion Power Distribution donated N1 Billion each to the relief fund.

READ ALSO: I Did Not Donate N1 billion To COVID-19 Relief Fund – Obi

“Pacific Holding Ltd, Union Bank Plc, Sterling Bank Plc, Standard Chartered Bank, Stanbic IBTC, Citi Bank Nigeria Ltd, FCMB, Fidelity Bank, ECOBank, African Steel Mills and Multichoice Nigeria Limited also made donations.

“Similarly, FSDH Merchant Bank, FBN Merchant Bank, Rand Merchant Bank, Coronation Merchant Bank, Sun Trust Bank, Providus Bank, Wema Bank, Unity Bank, Heritage Bank, Nova Merchant Bank, Polaris Bank and Keystone Bank donated.

“Globus Bank, Titan Trust Bank, Takagro Chemicals Ltd, Ahmadu Mahmoud and Handy Capital Ltd make up the list of those that have so far made contributions to the Private Sector Coalition Against COVID-19 (CACOVID) Relief Fund domiciled at the CBN.”

The CBN Director expressed the coalition’s appreciation to the good spirited individuals and corporate bodies for hearkening to the clarion call championed by the CBN and the private sector even as he called on those, individuals and corporate bodies yet to respond to key into the coalition with a view to supporting the fight against the pandemic.

Okorafor noted that Nigeria can overcome the scourge when all hands are on deck.

Tags: CBN’s Director of Corporate CommunicationsCentral Bank of Nigeria (CBN)CoronavirusfeaturedIsaac OkoraforNigeria Raises N15bn
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