Business Hilights

Tracking Nigeria's Headline Business News Online


Mike Adenuga Foundation joins fight against COVID-19 with N1.5b donation

Ad 2
Ad 3

More donations have continued to come from leading private sector operations to the fight against COVID-19 pandemic in Nigeria. The latest is from the Mike Adenuga Foundation (MAF), which donated the sum of N1.5 billion to the cause.

The donation is made up of N1billion to the Central Bank of Nigeria (CBN) which is coordinating the fund raising by corporate bodies to support the initiatives aimed at combating the COVID-19 pandemic and N500 million to the Lagos State Government which has recorded most of the cases in Nigeria.

Globacom’s Executive Vice Chairman, Mrs Bella Disu, presented the N500m cheque to the Lagos State Government in Lagos, while a representative of MAF presented the N1 billion cheque to CBN Governor, Godwin Emefiele, in Abuja.

The Foundation said it was committed to the wellbeing of the entire Nigerian citizens, especially at this time when the country was battling the Coronavirus pandemic. It also commended the government, individuals and organizations for their efforts to contain the spread of the virus.

MAF noted that the core values that connect people firmly with one another – love for family, community and enterprise – were the most threatened by the COVID-19 pandemic, and stressed that the Foundation remained committed to the protection and promotion of those values.

Bella Disu had noted @BellaDisu, saying “On behalf of the Mike Adenuga Foundation (MAF), I visited the Executive Governor of Lagos, Mr. @JideSanwoOlu’s office to deliver the sum of N500 million to support the states fight against the global Coronavirus pandemic, otherwise known as COVID-19.

MAF also pledged to continue its current efforts to assist various bodies and institutions in the country with the supply of such essential items as Sanitizers, Masks, Test Kits, Personal Prospective Equipment (PPEs) and Respirators to combat the pandemic.

The Foundation  advised all to take measures to ensure their safety in line with the guidelines provided by the Nigeria Centre for Disease Control (NCDC) and the World Health Organisation (WHO).

These include social distancing, regular hand washing and use of alcohol-based hand sanitizers, limiting non-essential travel and ensuring timely medical checkups.

“Our primary focus at MAF is to ensure that all Nigerians remain safe to support their families and the economy. We urge everyone to stay aware of updated practices and strategies to combat Coronavirus. These are trying times. However, we are confident we will overcome the challenge,” it concluded.

Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for governments, foreign and indigenous investors.