UBA, GTBank, Access Bank, others donate billions of naira to battle coronavirus pandemic

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Today News Africa is the number one U.S. - Africa news organization based in Washington, District of Columbia. The publication focuses on relationships and interactions between the United States and Africa.

As part of its Corporate Social Responsibility (CSR) and its contribution towards addressing the health hazards caused by the Corona Virus Pandemic in Nigeria, some banks and individual have made some donations and contributions of their services to help the government fight the spread of the virus.

Guaranty Trust Bank (GTBank) Plc announced that they are building a 100-bed intensive care centre. This was disclosed in a statement, which was issued by the Group Managing Director and Chief Executive of the bank, Mr Segun Agbaje. The medical facility is going to be fully-equipped with modern facilities for the treatment of Nigerians who may be infected with the dreaded COVID-19 pandemic which is currently ravaging the entire globe.

United Bank for Africa (UBA) Plc., through her UBA Foundation, also announced five billion Naira to help the pan-African response to the fight against the coronavirus (COVID-19) global pandemic. This donation according to the, 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 support programme will be allocated as follows: N1 billion (USD2.8 million) to Lagos State Government in Nigeria, N500 million (USD1.4 million) to Nigeria’s Federal Capital Territory, Abuja, N1 billion (USD2.8 million) to the remaining 35 states in Nigeria, 5 billion (USD4.2 million) to UBA’s presence countries in Africa, N1 billion (USD2.8 million) for Medical Centres with equipment and supplies, and Free Telemedicine call centre facility.

Access Bank Plc was not left out in supporting Nigeria to fight the COVID-19 spread. The bank teamed up with Africa’s richest man Aliko Dangote to provide treatment and isolation centres across Africa’s most populous nation as it braces for the impact of the coronavirus pandemic. According to the report, the facilities, which will be located across the country will contain a total of 1,000 beds, and it will be ready within weeks. 

Atlas Mara Limited -which was formerly referred to as Atlas Mara Co-Nvest Limited- a financial services holding company formed to undertake the acquisition of target banks in Africa, backed Union Bank to partnered with 54gene, a U.S.-based genetic research company, using a $500,000 funding facility to increase Covid-19 testing capacity in Nigeria to 1,000 daily.  54gene launched the testing support fund with $150,000 to secure instruments and protective equipment needed to keep health-care workers safe. The company aims to increase testing capacity in Nigeria to 5,000 tests daily working with other partners.

GIG Mobility previously known as God Is Good Motors, an indigenous road transportation company that operates interstate bus services to highly travelled destinations across Nigeria was not left out in the donation. The company via their twitter page announced that they like to donate buses to the Nigeria Centre for Disease Control to help support its operations, as it works tirelessly to arrest the COVID-19 situation in Nigeria.

According to the Nigeria Centre for Disease  Control, via their twitter handle, as at 8:35 pm of the 26th of March 2020, Nigeria has recorded 65 cases confirmed cases, three discharged case and one death. 

By: Victor Ejechi (@victorejechi on twitter)

Today News Africa

Today News Africa is the number one U.S. - Africa news organization based in Washington, District of Columbia. The publication focuses on relationships and interactions between the United States and Africa.

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