26th Mar, 2020 @ 20:41


Tony Elumelu Foundation donates ₦5billion relief fund to curb COVID-19 spread across Africa


Znebs

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Znebs

Chairman of United Bank of Africa (UBA) Group, Tony Elumelu, through his foundation (Tony Elumelu Foundation - TEF) has approved the sum of ₦5billion relief fund to curb the devastating effect of COVID-19 across the 36 Nigerian States, including the Federal Capital Territory and other African Countries where the TEF is present.

Tony Elumelu Foundation -Znebs

This philanthropic and social responsibility was announced on Thursday, March 26 via the UBA's Group official twitter handle. According to the Foundation (TEF), ₦1billion would be expended on important equipment like ventilators and other medical supplies to various Medical Centers.

Below is the allocation breakdown of the ₦5billion:

  • ₦1billion ($2.8million) to Lagos State Government in Nigeria.

  • ₦500million ($1.4million) to Nigeria's Federal Capital Territory, Abuja.

  • ₦1billion ($2.8million) to the remaining 35 States in Nigeria.

  • ₦1.5billion ($4.2million) to UBA's presence Countries in Africa.

  • ₦1billion ($2.8million) for Medical Centers with equipment and supplies.

  • Free Telemedicine Call Center facility.

Tony Elumelu Foundation donates 5 Billion Naira to combat coronavirus -Znebs


The $14million (an equilavent to ₦5billion) donation by the UBA Chairman have earned gracious comments from all and sundry via the social media platform; although some few persons could still be observed with statements of ingratitude concerning his philanthropic act.

Below is a screenshot of various comments:

Tony Elumelu Foundation donates 5 Billion Naira to combat coronavirus -Znebs

Tony Elumelu Foundation donates 5 Billion Naira to combat coronavirus -Znebs



Human Interest

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