United Bank for Africa (UBA) Plc has presented the sum of N1 billion to the Lagos State Government as part of the bank’s commitment to help curb the effect of the Coronavirus (COVID-19).
This is also in fulfilment of its N5 billion commitment made by the UBA Group Chairman, Mr. Tony O. Elumelu, last week.
Whilst presenting the cheque to the Lagos State Governor at the Government House in Marina, UBA’s Group Managing Director/Chief Executive Officer, Mr. Kennedy Uzoka, said that as a socially responsible institution, UBA cares for its communities and for Lagos State which has recorded the highest number of positive cases thus far, needing special attention.
He disclosed that the decision to give Lagos N1bn was as a result of the important role that the state plays in the economy of not only Nigeria, but Africa as a whole, given its vast population and other key economic factors.
