COVID-19: UBA Provides N5bn for Relief Support Across Africa

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Pan-African bank, the  United Bank for Africa Plc (UBA) has announced a donation of over 5 billion Naira (USD14 million), through the UBA Foundation, to catalyse a comprehensive pan-African response to the fight against the Coronavirus (COVID-19) global pandemic.

In a statement released Thursday, March 26, copy of which was sent to NEXTMONEY, the Tier-1 lender said the donation 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 bank said 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.

N1.5 billion (USD4.2 million) to UBA’s presence countries in Africa.

N1 billion (USD2.8 million) for Medical Centres with equipment and supplies Free Telemedicine Call Centre facility.

The pan-African bank will fund a medical centre immediately in Lagos, Nigeria, with beds for isolation and ICU facilities, managed and operated in partnership with Heirs Holdings’ healthcare subsidiary, Avon Medical Hospital.

The bank also disclosed that it is providing a free telemedicine platform, that is physician-led, to provide direct access to medical advice to citizens, in compliance with social distancing requirements.

UBA Group Chairman Tony O. Elumelu, stated ‘This is a time when we must all play our part. This global pandemic must bring citizens, governments and business leaders together – and quickly. 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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