CIBN/NAO/CCER

April 1, 2020

The Business Editor

Dear Sir

PRESS RELEASE:

CIBN DONATES TO COMBAT COVID-19 IN LAGOS STATE

The Chartered Institute of Bankers of Nigeria has made a donation of the sum of N20 million to the Lagos State Government to contain the spread corona virus (COVID-19) pandemic .

According to the statement by the Registrar/Chief Executive of the Institute, Mr. Seye Awojobi, FCIB , as a membership organisation, the Institute is fully committed to play it's part towards the development of the Country. While noting that the donation was a token of its support towards the State Government's response to the pandemic, it is believed that It would go a long way in the provision of the much-needed essential materials and important medical equipment .

The Statement applauded President Muhammadu Buhari, GCFR , President and Commander in Chief of the Nigerian Armed Forces and Mr. Babajide Sanwoolu, the Governor of Lagos State for leading the charge to manage the situation, most especially the measures taken so far to stop the spread of the virus in the country.

The Institute also commended, the banks, its corporate members for their generous donation towards curtailing the pandemic in Nigeria .

Meanwhile, the Institute used the opportunity to commiserate with the Lagos State on the explosion and fire incident that occurred in the Abule Ado, Amuwo Odofin area of Lagos State on March 15, 2020 and claimed some lives and destroyed several properties.

Thank you for using this release.