The United Bank for Africa Plc (UBA) has donated $14 million (N5b) through the UBA Foundation, to fight against the coronavirus (COVID-19) global pandemic.
Nigeria and 19 other African countries will partake from this support.
The bank, in a statement, said Lagos State Government will draw N1bn ($2.8million); N500 million ($1.4 million) to Federal Capital Territory, Abuja; N1 billion ($2.8 million) to the remaining 35 states in Nigeria and N1.5 billion ($4.2 million) to UBA’s presence countries in Africa.
Other allocations include: N1 billion ($2.8 million) for Medical Centres with equipment and supplies as well as free telemedicine call centre facility.
Chairman UBA Group Chairman, Tony Elumelu, added - "This is a time when we must all play our part.
"This global epidemic must bring citizens, governments and business leaders together.
"As we see a rapidly increasing number of cases of the coronavirus in Nigeria and Africa, the private sector has to work hand in hand with various Governments, in stemming the spread of the global pandemic.
"We commend the efforts of governments and we are keen to partner and contribute our resources to the collective effort that will ensure the response to the pandemic is swift and effective."
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