UBA donates N500m to Lagos Security Fund, Elumelu pledges more support

The United Bank for Africa (UBA) through UBA Foundation has donated the sum of N500 million to the Lagos State Security Trust Fund (LSSTF), as part of its commitment to secure environment for individuals and businesses in the state.

The N500 million cheque was presented to Lagos State Governor Babajide Sanwo-Olu by the UBA Group Chairman, Tony Elumelu, who was accompanied by the bank’s Deputy Managing Director, Muyiwa Akinyemi, at the State House, Marina, Lagos on Sunday, December 15, 2024.

Speaking during the presentation, Elumelu reiterated the bank’s dedication to supporting initiatives that ensure the safety and prosperity of communities across Nigeria.

Elumelu 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.

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“We are proud to partner with the Lagos State Government to achieve this shared vision of a secure environment conducive to investment and development.”

While receiving the cheque, Sanwo-Olu expressed appreciation to the UBA Group and UBA Foundation for the contribution and commended Elumelu for the bank’s 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.”

The Star