5 BILLION DONATED BY UBA TO FIGHT COVID-19

5 BILLION DONATED BY UBA TO FIGHT COVID-19

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.

5 BILLION DONATED BY UBA TO FIGHT COVID-19
5 BILLION DONATED BY UBA TO FIGHT COVID-19

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.

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.

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