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FG To Get N100bn From CACOVID For Fight Against Insecurity


Ololade Omosan-Agie

The Coalition Against COVID-19 is to provide the sum of N100bn to the Federal Government to assist security agencies tackle the current spate of insecurity in the country.

The Chairman of United Bank for Africa, Tony Elumelu revealed this on Saturday night in Abuja at a dinner held by the bank for top executives of UBA.

The dinner was attended by the Central Bank of Nigeria Governor, Godwin Emefiele who gave the keynote address on “Food security, job creation and the role of the Central Bank.”

Elumelu said the task force is tasked with pulling resources across industries to provide technical and operational support while providing funding and building advocacy through aggressive awareness drives.

In addition to the efforts of the Federal Government, the UBA Chairman said the Coalition, during the wake of the coronavirus pandemic, provided and equipped medical facilities in the six geopolitical zones in Nigeria.

This, he noted, led to the creation of testing, isolation and treatment centers, and include the provision of Intensive Care Units and molecular testing labs.

Elumelu said that in view of the importance of security to national development, CACOVID is using its platform to mobilise funds to equip security agencies.

He said, “It was during COVID that some Nigerians were able to know what the private sector could do under the CBN Governor.

“I like where acts of patriotism are discussed because it gets me happy.

“We have just put N100bn together, private sector again, under this coalition to help fight insecurity, to support our security agencies, to be able to deal with the issues we are having in the country on security.

“We believe that if they are well armed and protected, it will go a long way in helping to ensure security in Nigeria.”

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