CBN Mobilises Nigerian Billionaires For Assistance Against Coronavirus

The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, Managing Director, Access Bank Plc Mr Herbert Wigwe and President of the Aliko Dangote group of companies, Alhaji Aliko Dangote led other prominent Nigerians and Deposit Money Banks in the formation of the Nigerian Private Sector Coalition Against COVID-19.

In a statement by the CBN, the coalition was created due to the urgent need to combat the unfolding COVID-19 crisis in Nigeria.

The collaboration is targeting over N120billion to procure all the needed equipment, material, and all infrastructure needed to fight this pandemic.

The rate at which the virus is spreading is unprecedented and it appears we are fighting our most lethal adversary to date. The Bankers’ Committee and these important stakeholders will be required to step up to support this endeavour.

“We are already engaging other important stakeholders in Nigeria and abroad, such as the NNPC and players in the oil industry. An account will be set up at the Central Bank of Nigeria to receive both Naira and foreign currency from our donors.”

The steering committee will be chaired by the Secretary to the Government of the Federation, Boss Mustapha, who currently chairs the Federal Government Committee on Covid-19.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *