UBA donates N500 million to Lagos State Security Trust Fund

United Bank for Africa Plc (UBA) through UBA Foundation, its corporate social responsibility arm, has donated the sum of N500 million to the Lagos State Security Trust Fund (LSSTF) as part of its commitment to building a safer Lagos.

The N500 million cheque was presented to the 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.

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

The governor expressed appreciation to the UBA Group and UBA Foundation for their significant contribution and commended Elumelu for its unwavering commitment to impactful projects, the state’s progress and well-being.

He 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.”

This latest gesture aligns with UBA Foundation’s Special Projects initiative, which addresses pressing societal issues through strategic partnerships and impactful interventions. Over the years, the UBA Foundation has actively contributed to enhancing education, the environment and economic empowerment and special projects such as these critical donations across Africa. The Foundation’s commitment to security as a driver of sustainable development is evident in its support for programs like the LSSTF.