Caption: Group Deputy Managing Director, United Bank for Africa Plc, Muyiwa Akinyemi (left); Lagos State Governor, Babajide Sanwo-Olu (middle); and Group Chairman, UBA, Tony Elumelu (right), displaying the cheque of N500m presented to the Lagos State Security Fund by UBA Foundation, the corporate social responsibility arm of UBA, at Lagos House, Marina on Sunday.
United Bank for Africa Plc through UBA Foundation, its corporate social responsibility arm, on Sunday presented a cheque for the sum of N500m to the Lagos State Security Trust Fund (LSSTF), in what it said is part of a continued commitment to the secure environment for individuals and businesses in the state.
The N500m cheque was presented to the Lagos State Governor, Babajide Sanwo-Olu, at the State House, Marina, Lagos on Sunday by the UBA Group Chairman, Tony Elumelu, who was accompanied by the bank’s Deputy Managing Director, Muyiwa Akinyemi.
Making the presentation, Elumelu reiterated the bank’s dedication to supporting initiatives that ensure the safety and prosperity of communities across Nigeria.
At UBA, he noted, “we understand that security is critical for economic growth and societal well-being. Our donation to the Lagos State Security Trust Fund is a reflection of the bank’s belief in building safer communities to enhance the quality of life for all.
“We are proud to partner with the Lagos State Government to achieve this shared vision of a secure environment conducive to investment and development,” he added.
Elumelu emphasised the bank’s role as a leader in giving back to society. He explained that in pledging its support to the state’s efforts at improving security, UBA recognizes the vital link between safety and economic stability.
For him, the partnership “reinforces the bank’s belief in collaborative efforts as the key to addressing security challenges and creating environments where individuals and businesses can thrive. We believe that a secure Lagos State is integral to a secure Nigeria. UBA Foundation will continue to support transformative initiatives that uplift lives and drive development.”
Receiving the cheque, Governor Sanwo-Olu expressed appreciation to the UBA Group and UBA Foundation for the significant contribution and commended Elumelu’s unwavering commitment to impactful projects, as well as the state’s progress, and well-being.
According to him, “this donation will strengthen our efforts to enhance security and protect our citizens. Together we are building a safer Lagos for all.”
This latest gesture, the foundation said, aligns with its Special Projects initiative, which focuses on addressing pressing societal issues through strategic partnerships and impactful interventions.
Over the years, the foundation said it has actively contributed to enhancing education, the environment, and economic empowerment and special projects such as these critical donations across Africa. The Foundation’s commitment to security as a driver of sustainable development is evident in its support for programs like the LSSTF.
The foundation restated its commitment to the socio-economic betterment of the communities in which the bank operates, focusing on development in the areas of Education, the Environment, Economic Empowerment and other Special Projects.
