Lagos State on Monday said it had received a cheque of N1 billion from the United Bank for Africa (UBA), as part of the bank’s commitment to help curb the spread of Coronavirus.
UBA had last week announced a N5 billion donation to fight the spread of the virus in Nigeria.
A statement by Chief Press Secretary to the governor, Gboyega Akosile, said the cheque was presented to Governor Babajide Sanwo-Olu by the Managing Director of the bank, Mr. Kenneth Uzoka on Sunday at Lagos House, Marina.
The stated added that Sanwo-Olu thanked the bank for the support, as the money will go a long way to assist the state in kicking out the pandemic.
He said: “We appreciate UBA. This is not the kind of money that we would want to take for granted. This is really an important intervention and this fund will go a long way to meet all of our needs both now and in the future, to ensure that Lagos continues to remain safe for business.
“We are indeed happy that you decided to make this very bold move to support the health facility infrastructure in Lagos. You can be rest assured that once the structures have been developed, we will call you again to see what we have put these resources to”.
On his part, Uzoka said that the N1 billion donation was also in fulfillment of the N5 billion commitment made by the UBA Group Chairman, Mr Tony Elumelu.
He said that as a socially responsible institution, UBA cared for its communities and for Lagos State, which had recorded the highest number of positive cases thus far, hence, needing special attention.
According to him, the decision to give Lagos N1 billion is as a result of the important role that the state plays in the economy of not only Nigeria, but Africa as a whole, given its vast population and other key economic factors.