Famfa Oil pledges N1billion to support Nigeria’s fight against COVID-19

Famfa Oil Ltd, one of the indigenous exploration and production oil companies in Nigeria, announced its contribution of N1 billion to support Nigeria’s fight against COVID-19.

Mr. Modupe and Mrs. Folorunso Alakija, Chairman and Vice Chairman of the company, said: “As the world rallies to deal with the health, security, economic and social implications of the coronavirus, it’s clear that we will feel the effects much more deeply than many of the developed world. Managing a crisis of this magnitude means that the strength of our response will determine our ability to weather the storm.

“Individually and collectively, we are rising to this unprecedented challenge in a way that symbolizes our resilience, our character and strength.

“Famfa Oil Ltd is pleased to make this contribution and will work in consultation with key stakeholders such as:

·       National Center for Disease Control, N250 million;

·       Lagos State Government N250 million;

·       African center of Excellence for Genomics of Infectious Diseases, N50million;

·       Medical Workers on the Frontline in Lagos, N100 million;

·       Medical Workers on the Frontline in Abuja, N 100 million;

·       Supply of medical equipment to relevant organizations N245 million’ and

·       Dr. Ameyo Stella Adadevoh Foundation (DRASA) N5 million

“We will work with these organisations to determine their specific requirements in the furtherance of our collective fight against Covid-19. We will also oversee the procurement of these products and facilities to ensure that our contribution is deployed in the most impactful way”.

The company commended the efforts made by the Federal and State Governments, the private sector and individuals towards the fight against the pandemic in Nigeria and enjoined all Nigerians to follow stipulated health guidelines in order to keep us all safe.

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