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Business tycoon, Folorunsho Alakija announces N1 billion donation to fight Coronavirus

Folorunso Alakija,Business tycoon, Folorunsho Alakija announces N1 billion donation to fight Coronavirus

Billionaire and richest woman in Africa, Mrs Folorunsho Alakija has disclosed that her family through Famfa Oil limited would be contributing N1 billion to support the fight against Coronavirus in Nigeria.

The disclosure came in a statement released on her Twitter account. According to the bosses of Famfa Oil Limited, the donations symbolizes their resilience, character, and strength as they plan to work with the National Centre for Disease Control (NCDC).

She stated, “As the world rallies to deal with the health, security, economic and social implications of the coronavirus, it’s clear that we will feel the effects much more deeply than many of the developed world. Managing a crisis of this magnitude means that the strength of our response will determine our ability to weather the storm.

“Individually and collectively, we are rising to this unprecedented challenge in a way that symbolizes our resilience, our character, and strength,”

Breakdown of the donation: The breakdown of the N1 billion as seen in the statement showed that the National Center for Disease Control (NCDC), will receive N250,000,000; Lagos State Government, N250,000,000, African Center of Excellence for Genomics of Infectious Diseases, N50,000,000 and Medical Workers on the Frontline in Lagos, N100,000,000.

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Others included are, Medical Workers on the Frontline in Abuja, N100,000,000; Supply Of Medical Equipment to relevant organizations, N245,00,000 and Dr. Ameyo Stella Adadevoh (DRASA), N5 million.

Alakija believes that the listed organisations will decide on where to deploy their contribution to the needed impact. She also said Famfa Oil would see to it that the contribution is utilized in the best way possible.

“We will work with these organizations to determine their specific requirements in the furtherance of our collective fight against COVID-19. We will also oversee the procurement of these products and facilities to ensure that our contribution is deployed in the most impactful way.

“Famfa Oil Ltd commends the efforts made by the Federal and State Governments towards the fight against the pandemic in Nigeria and enjoin all Nigerians to follow stipulated health guidelines in order to keep us all safe. May God Bless our country Nigeria,” the statement read.

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