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COVID-19: Otedola pledges N1 billion donation for Nigeria to combat disease

Chidinma Nwagbara by Chidinma Nwagbara
March 27, 2020
in Business News, Socio Economic
Otedola shares amazing story of Otunba Subomi Balogun

Chairman, Geregu Power Plc, Mr Femi Otedola

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Billionaire business mogul, Femi Otedola, has announced a donation of a sum of N1 billion towards the eradication of the deadly coronavirus pandemic in the country.

Otedola disclosed this donation in a post on his social media accounts, Twitter and Instagram.

“I will be contributing 1 Billion Naira towards the eradication of COVID-19 across Nigeria. We must all do what we can to flatten the curve,” he posted.

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This comes as no surprise as one of the things Otedola is known widely for is his philanthropic activities and his words of urging people to be charitable instead of leaving everything for the government.

(READ MORE: Dangote’s multi billion-dollar refinery is 75% complete, Otedola says)

🙏🏾 …F.Ote💲 pic.twitter.com/kC3tsxmBl9

— Femi Ote$ (@realFemiOtedola) March 27, 2020

With this development, Otedola joins the league of billionaires and corporate organizations who have shown their support towards assisting the government and the country at large to fight this epidemic.

Other billionaires such as Tony Elumelu, Aliko Dangote, Abdulsamad Rabiu, Herbert Wigwe, Segun Agbaje, and Jim Ovia have in recent times contributed to aid the efforts in curbing and combating the spread of the Coronavirus.

Also recall that billionaire and Co-founder of Alibaba group, Jack Ma had recently donated medical supplies all the way from China.

Nairametrics had earlier reported when the President, Muhammadu Buhari commended the billionaires and corporate organizations for heartily supporting the government with resources and donations in order to provide adequate funding for the relevant health bodies while helping Nigerians cope better with the lockdown during this period.

The Presidency stated, “President extols every other helping hand that has been lent by individuals, groups, and organizations, which may not necessarily be in the public domain, noting that God who sees all things will abundantly recompense.

 “@MBuhari recommends these laudable strides to other high net-worth Nigerians and organizations, stressing that hand in hand, the country will overcome the challenges brought by the pandemic, and chart a new course in nationalism and brotherhood.”


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Tags: Abdulsamad RabiuAliko DangoteCovid-19Femi OtedolaHerbert WigweJack MaJim OviaOn the MoneySegun AgbajeTony Elumelu
Chidinma Nwagbara

Chidinma Nwagbara

Chidinma holds a degree in Mass communication from Caleb University Lagos and a Masters in view in Public Relations. She strongly believes in self development which has made her volunteer with an NGO on girl child development. She loves writing, reading and travelling. You may contact her via - chidinma.nwagbara@nairametrics.ng

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Comments 1

  1. Anonymous says:
    April 2, 2020 at 7:15 pm

    Where is all the donation to the nation because in my community no body have received

    Reply

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