Business
Private sector’s contributions for tackling COVID-19 now N25.89bn
Funds contributed through the Private Sector Coalition Against COVID-19 (CACOVID) reached N25.89 billion on Friday, a statement from the Central Bank of Nigeria (CBN) has shown.
The coalition, made up of top business moguls and corporate organisations, made a reassurance yesterday that it would support government’s actions in curbing the pandemic in Nigeria.
It equally promised to provide details and analysis on how the funds were expended.
Zouera Youssoufou, Managing Director and Chief Executive Officer of Aliko Dangote Foundation, noted the imperative of assisting the Nigerian Government in tackling the pandemic.
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According to her, the process of providing materials and medical equipment to the six geopolitical zones had begun.
Mrs Youssoufou stated that the aid efforts would involve the establishment of isolation, testing and treatment centres as well as the creation of testing labs and care units.
She confirmed that CACOVID was in collaboration with other global bodies to frantically find a remedy to the pandemic.
Amaechi Okobi, Head Corporate Communications at Access Bank, said “CACOVID will also provide palliatives for those who really need them to ease their hardships during the lockdown period.”
He called for greater private sector involvement in winning the battle against COVID-19 in the country.
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