BOI Donates N700m Relief Fund to Lagos, FCT

The Bank of Industry (BOI) has donated the sum of N700million in relief funding as part of its contribution in advancing regional efforts to combat the spread of coronavirus disease (COVID-19) pandemic through the supply of critical care equipment, facilities and essential relief aid.

Out of the N700million, the institution has contributed N500 million of its relief funding to the Private Sector Coalition Against COVID-19 (CACOVID).

Financial support of N100 million will be donated to the FCT Ministerial Committee on COVID-19 and the Lagos State Government will be given a donation of N100 million.

BOI’s MD/CEO, Olukayode Pitan said, “We are optimistic that if we all play our part, we will beat COVID-19, and we will see Nigeria recover and thrive.”