N15bn donated to fight Coronavirus CBN reveals

Nigeria has received a total of N15bn in donations to tackle the raging Coronavirus, a statement released by the Central Bank of Nigeria has revealed.

In the statement released on Wednesday, April 1, 2020, Isaac Okorafor, the Director of Corporate Communications at the CBN revealed that the donations came from individuals, banks and other corporate bodies. The donations were paid into an account set up at the Central Bank of Nigeria (CBN) under the auspices of the Private Sector Coalition Against COVID-19 (CACOVID).

A breakdown of the contributions showed that the Central Bank of Nigeria and Aliko Dangote donated N2billion each, while Abdul Samad Rabiu (Bua Sugar Refinery); Segun Agbaje (GTB); Tony Elumelu (UBA); Oba Otudeko (First Bank); Jim Ovia (Zenith Bank); Herbert Wigwe (Access Bank) and Femi Otedola of Amperion Power Distribution donated N1 Billion each to the relief fund.

Other donors include Pacific Holding Ltd, Union Bank Plc, Sterling Bank Plc, Standard Chartered Bank, Stanbic IBTC, Citi Bank Nigeria Ltd, FCMB, Fidelity Bank, ECOBank, African Steel Mills and Multichoice Nigeria Limited, FSDH Merchant Bank, FBN Merchant Bank, Rand Merchant Bank, Coronation Merchant Bank, Sun Trust Bank, Providus Bank, Wema Bank, Unity Bank, Heritage Bank, Nova Merchant Bank, Polaris Bank, and Keystone Bank, Globus Bank, Titan Trust Bank, Takagro Chemicals Ltd, Ahmadu Mahmoud and Handy Capital Ltd.

Okarafor stated that the coalition has appreciated the good spirited individuals and corporate bodies for hearkening to the clarion call championed by the CBN and the private sector. Other Nigerians and corporate bodies were also urged to support the fight against Coronavirus.