Money realised by the Coalition Against COVID-19 is reported to be N27.160bn, according to the Central Bank of Nigeria.
The disclosure was made in a document released by the CBN’s Director of Communications, Isaac Okoroafor, on behalf of the coalition in Abuja on Tuesday. The coalition had been able to raise the sum as at April 23.
The document showed the list of donors – individuals and corporates – into the fund and their contributions, with the CBN and founding partner of the coalition, Aliko Dangote, making the highest contributions of N2bn yet.
Co-founder of CACOVID, Herbert Wigwe, leads other contributors like Abdul Samad Rabiu of BUA Sugar Refinery, Segun Agbaje of Guaranty Trust Bank, Jim Ovia of Zenith Bank, Tony Elumelu of United Bank for Africa, Oba Otudeko of First Bank, Femi Otedola of Amperion Power Distribution who donated t least N1bn each to the fund. Chairman of Pacific Holdings Ltd, Deji Adeleke, donated N500m.
Other contributors to the fund include Union Bank, Standard Chartered Bank, CitiBank, Sterling Bank, Stanbic IBTC, First City Monument Bank, Fidelity Bank, Ecobank and African Steel Mills who donated N250m each, while MultiChoice Nigeria put in N200m.
The document also recorded smaller donations made by some Nigerians between N1000 and N100,000.
The CBN, while expressing gratitude to contributors to the fund, called on others to help provide the needed support in the fight against the pandemic.
“We urge others to consider contributing to this national solidarity to provide not only medical equipment and materials, but also to render urgently needed palliatives to the poor and vulnerable segments of our society. We pledge to continually ensure full disclosure and accountability for all donations made,” he said.
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