Audio Money: Some prominent COVID-19 fund donors yet to redeem their pledge

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The Federal Government’s coronavirus war chest from the private sector has grown bigger and bigger.

The Nigeria Private Sector Coalition Against COVID-19 (CACOVID) has raised  almost N22 billion to help fight COVID-19 pandemic.

The update of the contributions was given on Monday in a document released by Mr Isaac Okorafor, Director Communications of Central Bank of Nigeria (CBN).

Most notable in the document, Mike Adenuga finally fulfilled his N1billion pledge.

The CBN and Aliko Dangote were the highest contributors with N2 billion a piece.

Among the N1billion donors were Abdul Samad Rabiu (BUA Sugar Refinery), Segun Agbaje (GTB), Tony Elumelu (UBA), Oba Otudeko (First Bank), Jim Ovia (Zenith Bank).

Others were Herbert Wigwe (Access Bank) and Femi Otedola of Amperion Power Distribution.

Dr. Deji Adeleke of Pacific Holding Ltd contributed N500 million.

Union Bank Plc, Sterling Bank Plc, Standard Chartered Bank, Stanbic IBTC, Citi Bank Nigeria Ltd, FCMB, Fidelity Bank, ECOBank, African Steel Mills donated N250 million.

Multichoice Nigeria Limited contributed N200 million.

However, fellow South African multinational company lead those yet to make good of their promise.

MTN pledged N1,000,000, 000, so did Lafarge Plc, a leading cement manufacturing company.

John Coumantatous’ N400 million pledge on behalf of Flour Mills Nigeria is still being expected also.

Should the trio ultimately meet up with their pledges, the FG would have almost N25 billion from the private sector alone to fight coronavirus.

The novel coronavirus has infected more than 1.27 million people and killed over 69,000 worldwide, according to Johns Hopkins University.

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