By Stanley Onyeka, Lagos
UBA Foundation, corporate social responsibility (CSR) arm of the United Bank for Africa (UBA) through, has donated the sum of N500 million to the Lagos State Security Trust Fund (LSSTF), as part of its continued commitment to secure the environment for individuals and businesses.
UBA Group Chairman, Tony Elumelu, presented the N500 million cheque to Lagos State Governor, Babajide Sanwo-Olu.
Speaking during the presentation at the State House, Marina, Lagos on Sunday, Mr. Elumelu, accompanied by UBA Deputy Managing Director, Muyiwa Akinyemi, reiterated the bank’s dedication to supporting initiatives that will ensure the safety and prosperity of communities across Nigeria.
He said: “At UBA, we understand that security is critical for economic growth and societal well-being.
“Our donation to the Lagos State Security Trust Fund is a reflection of the bank’s belief in building safer communities to enhance the quality of life for all.
“We are proud to partner with the Lagos State Government to achieve this shared vision of a secure environment conducive to investment and development.”
At UBA, we understand that security is critical for economic growth and societal well-being. Our donation to the Lagos State Security Trust Fund is a reflection of the bank’s belief in building safer communities to enhance the quality of life for all.
Receiving the N500 million donation, Sanwo-Olu expressed appreciation to the UBA Group and UBA Foundation for the significant contribution.
He also commended Mr. Elumelu for his unwavering commitment to impactful projects, state’s progress and well-being.
The Governor said: “We are grateful to the UBA Group for their significant contribution to the Lagos State Security Trust Fund.
“This donation will strengthen our efforts to enhance security and protect our citizens. Together we are building a safer Lagos for all.”
Noting that donation aligns with UBA Foundation’s Special Projects initiative – focused on addressing pressing societal issues through strategic partnerships and impactful interventions, Mr. Elumelu emphasised the bank’s role as a leader in giving back to society.
According to him, by supporting the state’s efforts at improving security, UBA recognizes the vital link between safety and economic stability.
He added: “This partnership with the Lagos State Government reinforces the bank’s belief in collaborative efforts as the key to addressing security challenges and creating environments where individuals and businesses can thrive.
“We believe that a secure Lagos State is integral to a secure Nigeria. UBA Foundation will continue to support transformative initiatives that uplift lives and drive development.”
