COVID-19: BoI donates N700m to CACOVID


 Bank of Industry (BoI) has donated N700 million toward the relief fund against the spread of COVID-19 pandemic in Nigeria.BoI Managing Director, Olukayode Pitan, said in a statement on Friday in Lagos that the contribution would advance regional efforts to combat the spread of the pandemic through the supply of critical care equipment, facilities and essential relief aid.Pitan said that the bank had contributed N500 million as relief fund to the Private Sector Coalition Against COVID-19 (CACOVID).“This donation will go toward a fund that has been created to provide more testing, isolation and treatment centers across all geo-political zones.“In addition, the bank is providing financial support of N100 million each to the FCT Ministerial Committee on COVID-19 and the Lagos State Government.“At this pivotal moment in the history of our great nation, we stand in solidarity 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,” he said.The Bank of Industry reaffirmed its commitment to providing access to finance to Nigerian enterprises in line with its strategic mandate. 

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