United Bank for Africa owned by Tony Elumelu has made provision of N5 billion (US14 million) countries in the African continent as relief support to help them combat the coronavirus crisis which is ravaging the globe.
The financial institution announced this on Thursday stating that the effort is “to catalyze a comprehensive pan-African response to the fight against coronavirus” in Nigeria and 19 other countries in the continent by supplying relief materials, critical care facilities, and financial support to Governments.
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. pic.twitter.com/PJrfHiokfQ
— UBA Group (@UBAGroup) March 26, 2020
Here is a breakdown of the allocation:
N1 billion to Lagos, Nigeria
N500 million to Abuja, Nigeria
N1 billion to the remaining 35 states in Nigeria
N1.5 billion to UBA’s presence countries in Africa
N1 billion for Medical Centres with equipment & supplies Free Telemedicine call centre facility
UBA says it also fund a medical centre immediately in Lagos, Nigeria, with beds for isolation & ICU facilities, managed & operated in partnership with Heirs Holdings healthcare subsidiary, and Avon Medical Hospital.
In addition, they are providing a free telemedicine platform, that is physician-led, to provide direct access to medical advice to citizens, in compliance with social distancing requirements.