• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, May 14, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Banks Donate Relief Materials To Flood Victims

by Olushola Bello
5 months ago
in Business
Banks
Share on WhatsAppShare on FacebookShare on XTelegram

Nigerian banks have donated multi-million naira relief materials to victims of recent floods with a commitment to continue to provide support for socio-economic development of the country.

Advertisement

The donations to victims of floods in Jigawa State were made yesterday under the auspices of the Committee of Nigeria’s Banks chief executive officers.

A delegation of the bank’s chief executives visited Jigawa State to empathise with the residents and government and provide assurances of continuing support.

The delegation included group managing director of United Bank for Africa (UBA) and chairman of the Committee, Dr Oliver Alawuba; group managing director of Access Bank Plc, Roosevelt Ogbonna, group managing director of Zenith Bank, Dame Adaora Umeoji and managing director of Fidelity Bank Plc, Dr Nneka Onyeali-Ikpe.

Also on the entourage were president, Association of Corporate Affairs Managers of Banks (ACAMB), Rasheed Bolarinwa and registrar and chief executive, Chartered Institute of Bankers of Nigeria (CIBN), Mr. Akin Morakinyo.

RELATED

itel Solar Energy Opens First Customer Experience Centre In Lagos Market

itel Solar Energy Opens First Customer Experience Centre In Lagos Market

3 hours ago
Fidson Invests ₦3.7bn To Boost Local Pharma Production In 2024

Fidson Invests ₦3.7bn To Boost Local Pharma Production In 2024

15 hours ago

 

Alawuba, who spoke on behalf of the banks, said the banks were in Jigawa State to lend helping hands to the state government by donating relief materials in support of the affected residents, and also critical institutions that provide care such as public hospitals.

 

He noted that the multi-million naira relief materials consisting of food items such as bags of rice, cartons of vegetable cooking oil, mattresses, and beverages would go a long way in providing comfort and lessen the burden of the victims impacted by the floods.

 

He said the humanitarian gesture was a testament to the Nigeria banking sector’s commitment to supporting the well-being of Nigerians in times of need.

 

He recalled that banks had continuously shown support for national interests citing the previous donations for victims of national disasters and more than N32 billion galvanised for national healthcare during the COVID-19 pandemic.

 

“The Nigerian banking industry has a long history of interventions, dating back to the 2011 and 2013 flooding when 28 and 32 states were affected by floods. In trying moments, we provided significant support to the affected states and communities. More recently, during the COVID-19 pandemic, the Nigerian banking sector played a critical role in supporting the governments at all levels efforts to contain and manage the spread of the virus.

 

“Notably, we were proud to be part of the Central Bank of Nigeria-led Private Sector Coalition Against COVID-19 (CACOVID) Relief Fund, where we contributed significantly to the Fund’s efforts to provide palliatives to vulnerable Nigerians and strengthen the nation’s healthcare infrastructure. The intervention of the banking sector resulted in over N32 billion being pooled to fill a significant funding gap for the governments during the unexpected global pandemic, Alawuba said.

 

He added that Nigerian banks have also always been at the forefront of many other laudable initiatives across both economic and non-economic sectors, particularly in the area of security.

 

Alawuba reaffirmed banks commitment to continue to lead from the front as agents of positive change in society.

 

Governor of Jigawa State, Mallam Umar Namadi, who received the banks chief executives, commended banks for their developmental roles through direct finances and several corporate social responsibility initiatives.

 

He noted that by identifying with the good people of Jigawa in their hour of need, banks have again demonstrated their love, care and mutual relationship.

 

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel



Tags: Banks
SendShareTweetShare
Previous Post

NACCIMA, BOI Sign MoU On N75bn Lifeline MSMEs Intervention Fund

Next Post

OSGoF Holds Survey Coordination Conference, Advisory Board On Survey Training

Olushola Bello

Olushola Bello

You May Like

itel Solar Energy Opens First Customer Experience Centre In Lagos Market
Business

itel Solar Energy Opens First Customer Experience Centre In Lagos Market

2025/05/14
Fidson Invests ₦3.7bn To Boost Local Pharma Production In 2024
Business

Fidson Invests ₦3.7bn To Boost Local Pharma Production In 2024

2025/05/14
NRC Suspends Rail Services ln Delta
Business

Vandalism: NRC Averts Train Accident Along Warri-Itakpe Railway Corridor

2025/05/14
External Reserves Dip 6.5% YTD On Debt Servicing, Dollar Sales
Business

External Reserves Dip 6.5% YTD On Debt Servicing, Dollar Sales

2025/05/14
CBN Reassures Public On Bank Deposit Safety, Dismisses Licence Revocation Fears
Business

CBN Unveils Non-resident BVN Platform, Targets $1bn Monthly Diaspora Remittance

2025/05/14
Business

Poor Infrastructure Affecting Tax Compliance – Market Groups

2025/05/14
Leadership Conference advertisement

LATEST

Senate Minority Whip Urges JAMB To Extend Rescheduled UTME By 2 Weeks

ASUU Threatens To Sue JAMB Over UTME Mass Failure

Akpabio Harps On Importance Of Census For National Planning

Final Year Student Of Michael Okpara Varsity Slumps, Dies

Police Confirm Arrest of 9 Suspected Killers Of PDP Chieftain In Adamawa

Bandits Kidnapped 200 In My Constituency, Says Zamfara Federal Rep

itel Solar Energy Opens First Customer Experience Centre In Lagos Market

NYCN Reconstitutes Key Leadership Structures

Cassie Ventura Gives Evidence In Sean Diddy’s Trial

Shadow Gov’t: DSS Drags Pat Utomi To Court, Accuses Him Of Usurping Tinubu’s Powers

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.