27.8 C
Abuja
Thursday, May 28, 2020

COVID-19 Fund hits N19.48 bn – CBN

Must Read

Nigeria reports 5 additional COVID-19 deaths, over 385 more cases

  According to the NCDC as of 11 p.m. Wednesday, Nigeria now has 8,733 cases of COVID-19 with 2,501 recoveries. The...

Continental Reinsurance firm Honours Top African Journalists at Virtual Awards Ceremony

  By Ajuma Edwina Ogiri A Leading Pan African Reinsurance firm, Continental Reinsurance Plc, has honoured winners of its 2020 Pan...

Alleged corruption at AfDB : I’m unperturbed, innocent, says Dr Adesina

        In spite of spirited efforts in some quarters to tarnish his reputation and prejudice the bank’s governance procedures, the...

The Nigeria COVID-19 Fund set up by the Nigeria Private Sector Coalition Against Coronavirus (CACOVID) has recorded about N19.48 billion as at April 3, 2020.

The account is domiciled at the Central Bank of Nigeria (CBN) following the inauguration of the fund last week.

Mr Isaac Okorafor, CBN’s Director of Corporate Communications,  released the list of donors and contributors to the fund on behalf of CACOVID in a statement obtained by Persecondnews.

Among the latest donors that swells the fund are Mr and Mrs Modupe and Folorunsho Alakija  – — N1 billion, Raj Gupta – N1 billion , former Vice-President Atiku Abubakar’s Adama Beverages Ltd N50 million, John Coumantatous (Flour Mills of Nigeria Ltd) N600, 000 million and Wacot Rice Ltd   N500, 000 million.

Okorafor said the pledges that had not been redeemed totaled N3.4 billion.

They include Chief Mike Adenuga N1 billion, Lafarge Plc N1 billion, MTN Nigeria Plc N1 billion and John Coumantatous N400, 000 million and Flour Mills N3.4 million.

Persecondnews recalls that first set of donors include Aliko Dangote donated N2billion each, while Abdul Samad Rabiu (Bua Sugar Refinery); Segun Agbaje (GTB); Tony Elumelu (UBA); Oba Otudeko (First Bank); Jim Ovia (Zenith Bank); Herbert Wigwe (Access Bank) and Femi Otedola of Amperion Power Distribution N1 Billion each.

- Advertisement -
- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

- Advertisement -

Latest News

Nigeria reports 5 additional COVID-19 deaths, over 385 more cases

  According to the NCDC as of 11 p.m. Wednesday, Nigeria now has 8,733 cases of COVID-19 with 2,501 recoveries. The...

Continental Reinsurance firm Honours Top African Journalists at Virtual Awards Ceremony

  By Ajuma Edwina Ogiri A Leading Pan African Reinsurance firm, Continental Reinsurance Plc, has honoured winners of its 2020 Pan African Re/Insurance Journalism Awards at...

Alleged corruption at AfDB : I’m unperturbed, innocent, says Dr Adesina

        In spite of spirited efforts in some quarters to tarnish his reputation and prejudice the bank’s governance procedures, the President of the African Development...

COVID-19: FG to amend National Endowment for the Arts Act

  In a bid meet the demands of the creative sector and reposition it post-COVID-19 pandemic, the Federal Government says it will soon send a...

COVID-19: FG proposes shift system as it reopens schools soon

  Ahead of the re-opening of schools across the country, the Federal Government said on Thursday that it would soon announce measures for safe resumption by students. The government said...

More Articles Like This

- Advertisement -