UBA Boosts Lagos Security with N500 Million Donation

In a significant move to support Lagos State’s security initiatives, United Bank for Africa (UBA) has donated N500 million to the Lagos State Security Trust Fund (LSSTF). This generous contribution is part of UBA’s commitment to promoting a secure environment that fosters economic growth and societal well-being.

The donation was presented by UBA Group Chairman, Tony Elumelu, accompanied by the bank’s Deputy Managing Director, Muyiwa Akinyemi, to Lagos State Governor Babajide Sanwo-Olu. Elumelu emphasized the importance of security in driving economic growth and societal progress, highlighting UBA’s belief in building safer communities.

Governor Sanwo-Olu expressed his gratitude to UBA for the significant contribution, commending Elumelu for his unwavering commitment to impactful projects and the state’s progress. The governor noted that the donation would strengthen the state’s efforts to enhance security and protect its citizens.

This donation aligns with UBA Foundation’s Special Projects initiative, which focuses on addressing pressing societal issues through strategic partnerships and impactful interventions. The foundation has actively contributed to enhancing education, environmental sustainability, and economic empowerment across Africa.

The Lagos State Security Trust Fund was established to support the state’s security agencies in their efforts to maintain law and order. The fund relies on donations from corporate organizations, individuals, and other stakeholders to finance its activities.

UBA’s donation is expected to make a significant impact on the state’s security efforts, enabling the authorities to acquire essential equipment, training, and resources needed to combat crime and ensure public safety.

As one of Africa’s leading financial institutions, UBA has consistently demonstrated its commitment to corporate social responsibility and community development. The bank’s donation to the Lagos State Security Trust Fund is a testament to its dedication to promoting a secure and prosperous environment for all.