UBA Donates Whopping N5 Billion To Fight Coronavirus

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United Bank for Africa (UBA) Plc. has donated a whopping N5 billion, equivalent to 14 million American Dollars through its UBA Foundation to catalyse a comprehensive pan-African response to the fight against the coronavirus (COVID-19) global pandemic.

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 UBA 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

UBA 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.

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In addition, the bank 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.

Chairman, UBA Group, Tony Elumelu, said; “This is a time when we must all play our part. This global epidemic 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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