As part of its dedication to creating a safe environment for people and companies, United Bank for Africa has donated N500 million to the Lagos State Security Trust Fund (LSSTF).
The donation was made through the bank’s corporate social responsibility arm, UBA Foundation.
Join our WhatsApp ChannelThe UBA Group Chairman, Tony Elumelu, together with the bank’s Deputy Managing Director, Mr. Muyiwa Akinyemi, presented the N500 million cheque to Lagos State Governor Babajide Sanwo-Olu on Sunday at the State House in Marina, Lagos.
During the presentation, Mr. Elumelu reaffirmed the bank’s commitment to funding projects that guarantee the security and well-being of communities throughout Nigeria.
“At UBA, we understand that security is critical for economic growth and societal well-being. Our donation to the Lagos State Security Trust Fund is a reflection of the bank’s belief in building safer communities to enhance the quality of life for all,” Elumelu stated.
The UBA Group chairman added that the bank is proud to partner with the Lagos State Government to achieve the shared vision of having “a secure environment conducive to investment and development.”
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The Lagos State Governor thanked the UBA Group and UBA Foundation for their contribution and praised Mr Tony Elumelu for their constant dedication to meaningful projects, the advancement of the state, and the welfare of the people while accepting the N500 million cash.
Sanwo-Olu noted that the donation will strengthen his administration’s efforts towards enhancing security and protecting citizens in the state.
Victor Ezeja is a passionate journalist with six years of experience writing on economy, politics and energy. He holds a Masters degree in Mass Communication.