Union Bank today announced additional
donations totalling Three Hundred Million Naira (
N300million) as part of its multi-pronged approach to tackle the spread
of Coronavirus in Nigeria.
As part of the Private Sector Coalition
Against COVID-19, Union Bank has contributed Two Hundred and Fifty Million
N250 million) into the fund set
up by the coalition to raise N120bn (One
Hundred and Twenty Billion Naira) to fight the outbreak in Nigeria.
In addition, the Bank also made a further
donation of Fifty Million Naira (
to the Lagos State Covid-19: Emergency Food Response programme which was setup
to support low income families who will be directly impacted by the state-wide
restrictions in place to limit the spread of the disease. Lagos State currently
has the highest number of COVID-19 cases in Nigeria.
Commenting on the Bank’s active efforts to tackle COVID-19 in Nigeria, the Chief Executive Officer of Union Bank, Emeka Emuwa, said:
“The fight against Covid-19 requires all hands-on deck with close collaboration between the public and private sector. Union Bank is committed to supporting Nigeria’s response to ensure the country avoids a pandemic. We will especially be looking to support ordinary Nigerians who will be disproportionately impacted economically at this time.”
week, as part of its immediate
response to the outbreak, the Bank made an initial donation of
N50,000,000 ($130,000) into a $500,000 fund set up by 54gene, an
African genomics research, services and development company working closely
with the Nigeria Centre for Disease Control (NCDC) to fight the COVID-19