The United Bank for Africa, UBA, has announced the provision of N5 billion (U$14 million) to the COVID-19 Relief Support across Africa.
The bank said it would provide the money through the UBA Foundation.
According to tweets on its twitter handle on Thursday, N1 billion of the fund would go to Lagos and N500 million to Abuja.
The bank added that N1 billion would go to the remaining 35 states in Nigeria to fight coronavirus.
It added that N1.5 billion would to Africa countries that had UBA’s presence.
The bank also budget N1 billion for Medical Centres with equipment and supplies
“We Will Provide N5 billion(U$14 million) To COVID-19 Relief Support Across Africa.
“To catalyze a comprehensive pan-African response to the fight against the #Coronavirus pandemic, we’ll provide N5 billion to #COVID19 relief support across Africa through the @UBAFoundation,” it said.
From the distribution, Nigeria will be getting a minimum of N2.5 billion Naira from the donation.
See the tweets from the bank below.
