CACOVID fund at Central Bank of Nigeria rises to N27.1 billion

• As Coalition spends N23 billion on food purchase
The Nigeria Private Sector Coalition Against COVID-19 (CACOVID) Relief Fund, initiated by the Central Bank of Nigeria (CBN), has risen to over N27.1billion, even as the Coalition said it has already expended a whopping N23billion on the purchase of food items. a total of to the

In a statement yesterday, and signed by the Director, Corporate Communications, CBN, Isaac Okorafor, the apex bank published a list of 123 individuals and organisations that contributed the N27.1billion as at Thursday, April 23.
 
However, the financial services regulator urged more well-meaning individuals and organisations to consider contributing to the CACOVID Relief Fund in national solidarity, for adequate provision of not only medical equipment and materials, but also to render urgently needed palliatives to the poor and vulnerable segments of the Nigerian society.
 

Some of the donors on the latest list who donated N100million each include FBN Merchant Bank, Wema Bank, Unity Bank, Heritage Bank, Keystone Bank, Polaris Bank, KC Gamming Networks Limited, Ports and Terminal Multiserve Ltd, and Development Bank of Nigeria (DBN).