BoI boosts relief fund with N700 million

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THE Bank of Industry (BoI) has joined other corporate organisations and philanthropists in supporting the fight against the spread of the COVID-19 pandemic by donating N700million to the relief fund.

The bank announced that it has contributed N500million of its relief funding to the private sector Coalition Against COVID-19 (CACOVID).

This donation will go towards a fund that has been created to provide more testing, isolation and treatment centres across all geo-political zones.

In addition, BoI is providing financial support of N100million to the Federal Capital Territory (FCT) Ministerial Committee on COVID-19. The bank is also supporting the Lagos State Government with a donation of N100million.

Read Also: COVID-19: Rep calls on FG to include constituents in relief package

 

This level of contribution will advance regional efforts to combat the spread of the pandemic through the supply of critical care equipment, facilities and essential relief aid.

“At this pivotal moment in the history of our great nation, we stand with the Federal Government and our colleagues across various industries. We are optimistic that if we all play our part, we will beat COVID-19 and we will see Nigeria recover and thrive,” said Olukayode Pitan, Bank of Industry MD/CEO.

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