Union Bank on Tuesday announced additional donations totalling N300 million as part of its multi-pronged approach to tackle the spread of Coronavirus Disease in Nigeria.
As part of the Private Sector Coalition Against COVID-19, Union Bank has contributed N250 million into the fund set up by the coalition to raise N120 billion to fight the outbreak in Nigeria.
In addition, the Bank also made a further donation of N50 million to the Lagos State COVID-19 Emergency Food Response programme, which was set up to support low income families who will be directly impacted by the statewide 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.”
Last 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 to fight the COVID-19 menace.