COVID-19: Adenuga donates N1bn to FG, N500m to Lagos

Billionaire businessman and one of Africa’s richest entrepreneurs, Mike Adenuga, on Monday, announced a donation of N1.5 billion to the initiatives to combat coronavirus in Nigeria.

He announced the donation in a letter sent to the Lagos State Governor, Jide Sanwo-Olu, and the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, through the Mike Adenuga Foundation.

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The donation is broken into two: N1 billion to the federal government and N500 million to the Lagos State Government.

Announcing the N500 million donation, he said, “We shall in addition to this contribution actively continue our ongoing efforts to assist various bodies and institutions in the country with the supply of such essential items as sanitisers, masks, test kits, ventillators, PPEs and other necessary requirements.”

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