Mike Adenuga Foundation (MAF), established by a billionaire, Dr Mike Adenuga Jr., on Monday donated N1.5 billion to Federal Government and Lagos State government to support Nigeria’s fight against the global Coronavirus pandemic (COVID-19).

Mrs Bella Disu, the Executive Vice Chairman of Globacom & the daughter of the billionaire, presented a cheque for N500million to the Lagos State governor, Mr Babajide Sanwo-Olu, at his office at the State Secretariat, Alausa, on behalf of the Foundation on Monday.

Similarly, a representative of the Foundation presented the cheque for N1billion to the Governor of Central Bank, Mr Godwin Emefiele, in Abuja.

The Apex Bank is coordinating the fundraising by corporate bodies in the country.

The fund is to support the initiatives aimed at combating the COVID-19 pandemic.

According to the foundation, the presentations are being committed for the wellbeing of the entire Nigerian citizens especially at this time when the country is battling the Coronavirus pandemic.

It also commended the government, individuals and organisations for their efforts to contain the spread of the virus.

News Agency of Nigeria (NAN) reports that individuals and corporate organisations had made various donations toward fighting the spread of COVID-19 in the country.

Adenuga Jr. is the founder of Nigeria’s second national carrier in the telecommunications industry, Globacom.

Source: https://m.guardian.ng/news/mike-adenuga-donates-n1-5bn-to-covid-19-funds/

When others are saving money to rig election in 2023. Because you can't tell me this man is wealthier than some who donated 200million and 50 million respectively

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Citytrend:
When others are saying money to rig election in 2023. Because you can't tell me this man is wealthier than some who donated 200million and 50 million respectively

Come on, adenuga is richer than these politicians. Its not a one-time stealing opportunity. The guy makes money while he's sleeping. That's the good thing about being in business sectors dt always sell.

Money to loot...

I know this money won't get to me, but i just want to say thank you Adenuga for this your kind gesture for it would go a long way touching lives....

Nigeria that cannot fight Corruption.......Talkless of fighting Covid 19

All these Donors should share these money to the masses by themselves..

Our leaders are G.O.A.Ts (greatest of all time) when it comes to thieving.. As usual they will embezzle 80% of this money..

All these money they are distributing. Where is the funds going, instead of them to donate it to those states government physically ,they are doing it by proxies.

Audio money dem

While money is good, the most important resource in times like this is infrastructure and technology. At some point, you will have the money but you might not be able to buy as countries put restrictions on their export to ensure that they can meet up their local demand. It is already happening now.

A lot of US,UK, Canada and most European companies have retooled and are now producing ventilators, test kits, vaccines and other equipment for their front line workers. This is what they were not doing before because they were importing them from China. But as demand skyrocket and China cannot even meet up demand coupled with the fact they have their own problem, they had to start manufacturing by force.

The question is how could they have retooled and started manufacturing? The answer is because even though they were not manufacturing before now, they had the technical know how and infrastructure to support manufacturing. So while some countries will be trying to import supplies because they don't have the capacity to manufacture, others will produce from within to meet their demand at least till the crisis is over and this is the key to overcome a pandemic like this. Right now, we are relying on money which is not even enough.

I hope that when all this is over, Nigerians will take development seriously because lack of development is dangerous.

Hmmmm

It is good that he's standing up to be counted amongst those that rose to help humanity at this time

If it is possible, these men from the private sector should have formed a separate group, donate their fund into that private pocket and privately expend it for this purpose.

If politicians can be heartless enough to steal from the unfortunate IDPs, is it the free money from donors that they won't steal?

See levels oga Mike gon no go by himself

...


At least 70% of all the monies donated to federal and state government will be diverted


..

No matter how bad things get.... The whole funds will never be used.

.

money wey coviik 1.9 Kyari and His pipu go loot while the dundee president coviik aka baba mannabbq go look other side.They should give the money to the Pipu

aa, in as much as this could look good this billionaires don't mean well for the masses but their selfish interest.
why donate to government when you can reach the people directly? good example is what gtb did in Lagos with the isolation centre rather than give the money to government they invested directly.

Owo afefe...FG Share dis money for people na..so that the lockdown go make more sense

Who are they donating all this money to??

Is it to Nigerian's or the government??
Because since when I've been seeing all this donations, one naira never enter my account and them dey do lockdown

Nice! Meanwhile Atiku gave 50million. Monkey man

Billions just dey fly left and right.... The common man no dey understand wetin dey sub

Stevecovey:

Come on, adenuga is richer than these politicians. Its not a one-time stealing opportunity. The guy makes money while he's sleeping. That's the good thing about being in business sectors dt always sell.

Loool
I laugh u

Lagos State Deserve Much Found....... Sanwolu Keep it up

He added 0.5 to prove a point.

God bless them! Now I pray it is used judiciously

I love seeing our women in top positions not relegating their destinies to the kitchen or just raising kids. Thank you, Globacom

God bless you adenuga. May you never see shame

God bless you

good one

check my signature if in need of urgent cash

How nice of him

Owo Afefe

I'm glad these rich men are coming through. I hope they have always come out like this to help save poverty and unemployment virus though. Since our government is nothing to write home about.

Someone should remind me how much Dangote has donated pls..

Respect