Stella Dimoko UBA Set To Fight Coronavirus In Africa With N5bn


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Friday, March 27, 2020

UBA Set To Fight Coronavirus In Africa With N5bn

United Bank for Africa Plc (UBA) has set aside about N5bn ($14 million) via the UBA Foundation, to catalyse a comprehensive pan-African response to the fight against the coronavirus (COVID-19) global pandemic.

Their press release indicates Nigeria and 19 other African countries will benefit from the support targeted at supplying relief materials, critical care facilities and financial support to governments.

Lagos State Government will draw N1bn ($2.8million); N500 million ($1.4 million) to Federal Capital Territory, Abuja; N1 billion ($2.8 million) to the remaining 35 states in Nigeria and N1.5 billion ($4.2 million) to UBA’s presence countries in Africa.

Other allocations include: N1 billion ($2.8 million) for Medical Centres with equipment and supplies as well as free telemedicine call centre facility.

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

Chairman UBA Group Chairman, Tony Elumelu, explained: “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.”


  1. I'm sure the Anambra government needs the money so badly. That's the reason they have refused to shut down activities in Anambra state. Willie is working my foot. Corona go don yakpa for Onitsha. My mum said said someone started coughing in their church last week and they all fled. Willie shut down bfre it's too late. Greedy man, you want a share of the corona money.

  2. This news should have read; UBA allocated money to help Nigeria and their staffs all over Africa.
    The portion of the money they've allocate to send to other African countries is peanut and will only be enough for their staffs. Why are they trying to play on people's intelligence.

    1. @07:41.... Repeat after me

      Staff not staffs.....Again!

  3. Let them use the money well. Those that will eat Coro money, Coro shall be their portion.

    It is time our people place curses on leaders eating our monies

  4. I hope the money will not be grabbed by the oga's from the top??

  5. I hope I won’t start getting debit alert for Corona Maintenance Charges

  6. Gtb see your mate.


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