UBA donates ₦500 million to fight against insecurity
Story by Victor Itodo ABUH
United Bank for Africa (UBA), through its corporate social responsibility arm, UBA Foundation, has donated ₦500 million to the Lagos State Security Trust Fund (LSSTF) to reinforce its commitment to creating a secure environment for businesses and residents.
The cheque was presented on Sunday at the State House, Marina, by UBA Group Chairman, Tony Elumelu, accompanied by the bank’s Deputy Managing Director, Muyiwa Akinyemi.
Lagos State Governor Babajide Sanwo-Olu received the donation and commended the bank’s dedication to supporting the state’s security efforts.
Speaking at the event, Elumelu emphasised the importance of security in fostering economic growth and societal well-being.
He stated: “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.
“We are proud to partner with the Lagos State Government to achieve this shared vision of a secure environment conducive to investment and development.”
Governor Sanwo-Olu expressed gratitude for the significant contribution, acknowledging UBA’s long-standing commitment to impactful initiatives.
“We are grateful to the UBA Group for their significant contribution to the Lagos State Security Trust Fund. This donation will strengthen our efforts to enhance security and protect our citizens. Together we are building a safer Lagos for all,” he said.
This donation aligns with UBA Foundation’s Special Projects initiative, focusing on tackling pressing societal issues through strategic partnerships. Over the years, the Foundation has championed various causes, including education, environmental sustainability, and economic empowerment.
Elumelu underscored UBA’s leadership in corporate philanthropy, highlighting the link between security and economic stability.
“This partnership with the Lagos State Government reinforces the Bank’s belief in collaborative efforts as the key to addressing security challenges and creating environments where individuals and businesses can thrive. We believe that a secure Lagos State is integral to a secure Nigeria. UBA Foundation will continue to support transformative initiatives that uplift lives and drive development.”
UBA Foundation remains committed to the socio-economic development of communities across Africa, prioritising education, environmental preservation, economic empowerment, and impactful special projects like this donation.
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