United Bank for Africa (UBA), through its corporate social responsibility arm, UBA Foundation, has donated N500 million to the Lagos State Security Trust Fund (LSSTF).
NewsmakersNG learnt that the contribution underscores UBA’s commitment to fostering a secure environment for individuals and businesses.
The cheque was presented to Lagos State Governor, Babajide Sanwo-Olu, by UBA Group Chairman, Tony Elumelu, during a ceremony at the State House, Marina, Lagos, on Sunday. Elumelu was accompanied by the bank’s Deputy Managing Director, Muyiwa Akinyemi.
Speaking at the event, Elumelu emphasized UBA’s dedication to supporting initiatives that promote safety and community well-being.
He said, “At UBA, we understand that security is critical for economic growth and societal well-being. This donation reflects our commitment to building safer communities and enhancing quality of life. We are proud to partner with the Lagos State Government to achieve a shared vision of a secure environment conducive to investment and development.”
Sanwo-Olu expressed profound gratitude to UBA Group and UBA Foundation for their unwavering support and significant contributions to the state’s progress. He said, “We are grateful to the UBA Group for this generous donation to the Lagos State Security Trust Fund. This support strengthens our efforts to enhance security and protect our citizens. Together, we are building a safer Lagos for everyone.”
NewsmakersNG also learn that the gesture aligns with UBA Foundation’s Special Projects initiative, which addresses critical societal issues through strategic partnerships and impactful interventions. Over the years, UBA Foundation has championed efforts in education, environmental sustainability, and economic empowerment, as well as critical contributions to special projects across Africa.
Highlighting the link between security and economic development, Elumelu reaffirmed UBA’s role as a leader in corporate responsibility.
He said, “This partnership with the Lagos State Government reflects UBA’s belief in collaborative efforts to tackle security challenges and create environments where individuals and businesses can thrive. We recognize that a secure Lagos is integral to a secure Nigeria. UBA Foundation will continue to support transformative initiatives that uplift lives and drive sustainable development.”
According to its promoters, UBA Foundation remains dedicated to socio-economic betterment across its operating regions, focusing on education, environmental stewardship, economic empowerment, and other impactful projects.
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