Nigerian billionaire businessman, Mike Adenuga, has announced a donation of N1.5 billion towards the initiatives to fight the outbreak of the coronavirus in Nigeria.
Adenuga who is the CEO Globacom Nigeria and one of Africa’s richest entrepreneurs donated N1.5 billion which is currently the highest individual donations towards fighting coronavirus.
The money is shared into two, an initial N1 billion to the Central Bank of Nigeria (CBN) for the Nigerian Private Sector Coalition Against Covid-19 and N500 million to the Lagos state government.
According to report, the donations came through the Mike Adenuga Foundation.
Announcing the N500 million donation in a letter to Jide Sanwo-Olu, governor of Lagos, Adenuga wrote:
“We shall in addition to this contribution actively continue our ongoing efforts to assist various bodies and institutions in the country with the supply of such essential items as Sanitizers, Masks, Test kits, Ventillators, PPEs and other necessary requirements.”
The letter was delivered by Bella Disu, his daughter and executive vice chairman of Globacom.
In his letter to Godwin Emefiele, governor of the CBN, Adenuga wrote:
“Given its broad scope and focused thrust, we are convinced that effective execution of the well-articulated objectives of the coalition is certain to yield the type of very positive results that will stand the country in good stead in the ongoing battle to checkmate the malignant COVID-19 virus.
“We are towards this end pleased to attach a bank cheque in the sum of One Billion Naira (N1, 000, 000, 000) as our modest initial contribution to the success of this welcome initiative.”