Donations To CACOVID Fund Jump To N27.16bn

Donations To CACOVID Fund Jump To N27.16bn

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Post Views: 154 Contributions to the Nigeria Private Sector Coalition Against COVID-19 (CACOVID), an interventionist mechanism in the war against the ...

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Contributions to the Nigeria Private Sector Coalition Against COVID-19 (CACOVID), an interventionist mechanism in the war against the Coronavirus pandemic currently spreading across the country, have continued bringing the total to N27,160,109,011.94 at the end of Thursday, according to data published on Tuesday, April 28, 2020.
Isaac Okorafor, Director, Corporate Communications at the Central Bank of Nigeria (CBN) and spokesman of the coalition, in a statement, expressed the coalition’s gratitude to all institutions and individuals that have open-handedly donated to the fund.”
He urged others to consider contributing to the national solidarity that is geared towards the provision of medical equipment and materials, in addition to rendering urgently needed palliatives to the poor and vulnerable segments of the society.
The committee pledged “to continually ensure full disclosure and accountability for all donations made.”
Prominent on the list of new donors published included Gregory Peter Obi, Vice Presidential candidate of the Peoples Democratic Party in the 2019 elections, who is a two-term governor of Anambra State.
While UAC of Nigeria donated N99.999m, the Development Bank of Nigeria contributed N100m, United Bank for Africa added N54.365m to the earlier N1bn, while Greenwich Trust Limited, an investment banking group gave N10m, among others.

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