Revealed! Tony Elumelu, Roosevelt Ogbonna, other bank chiefs makes important donation

Nigerian banks have given Jigawa state flood victims relief supplies worth millions of naira.

They reaffirmed their resolve to keep supporting the nation’s socioeconomic advancement.

The Committee of Nigeria’s Banks’ Chief Executive Officers approved the gifts to Jigawa state flood victims.

To express sympathy to the people and government of Jigawa state, a group of bank CEOs travelled there to promise assistance.

Among the delegation were Dr Oliver Alawuba, the chairman of the Committee and group managing director of United Bank for Africa (UBA); Mr Roosevelt Ogbonna, the group managing director of Access Bank Plc; Dame Adaora Umeoji, the group managing director of Zenith Bank; and Dr Nneka Onyeali-Ikpe, the managing director of Fidelity Bank Plc.

Mr Akin Morakinyo, the registrar and chief executive of the Chartered Institute of Bankers of Nigeria (CIBN), and Mr Rasheed Bolarinwa, president of the Association of Corporate Affairs Managers of Banks (ACAMB), were also in the group.

Bags of rice, cartons of vegetable cooking oil, mattresses, and drinks were among the gifts given.

Speaking on behalf of the banks, Alawuba stated that the banks were in Jigawa State to assist the state government by providing relief supplies to aid the impacted citizens as well as vital healthcare facilities including public hospitals.

Citing past contributions for victims of national calamities and more than N32 billion raised for national healthcare during the COVID-19 epidemic, he remembered that banks had consistently demonstrated support for national interests, Daily Trust reported.

TimesNow.com.ng reported that diaspora remittances through International Money Transfer Operators (IMTOs) totalled $4.22 billion between January and October, according to the Central Bank of Nigeria (CBN), which is more than the $2.62 billion recorded during the same period the previous year.

This was said by CBN governor Olayemi Cardoso on Wednesday, December 18, 2024, at a meeting with the Senate Committee on Banking, Insurance, and Other Financial Institutions.

According to the head of the apex bank, the remittance increase amounts to roughly 61.1% during a 12-month period.

Source: TimesNow.com.ng

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