United Bank for Africa (UBA), through its corporate social responsibility arm, UBA Foundation, has donated N500 million to the Lagos State Security Trust Fund (LSSTF). This donation is part of the bank’s ongoing commitment to creating a secure environment for individuals and businesses.
The cheque was presented to Lagos State Governor Babajide Sanwo-Olu by UBA Group Chairman Tony Elumelu, who was accompanied by the bank’s Deputy Managing Director, Mr. Muyiwa Akinyemi, at a ceremony held at the State House in Marina, Lagos on Sunday.
During the presentation, Elumelu emphasized UBA’s dedication to supporting initiatives that ensure the safety and prosperity of communities across Nigeria. “At UBA, we understand that security is critical for economic growth and societal well-being. Our donation to the Lagos State Security Trust Fund reflects our 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,” he stated.
Governor Sanwo-Olu expressed gratitude to the UBA Group and UBA Foundation for their significant contribution. He commended Tony Elumelu for his unwavering commitment to impactful projects and the state’s progress and well-being. “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 governor said.
This gesture aligns with UBA Foundation’s Special Projects initiative, which addresses pressing societal issues through strategic partnerships and impactful interventions. Over the years, UBA Foundation has actively contributed to enhancing education, the environment, 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.
Tony Elumelu emphasized the bank’s role in giving back to society and highlighted the link between safety and economic stability. “This partnership with the Lagos State Government reinforces UBA’s belief in collaborative efforts as the key to addressing security challenges and creating environments where individuals and businesses can thrive. We believe that a secure Lagos State is integral to a secure Nigeria. UBA Foundation will continue to support transformative initiatives that uplift lives and drive development,” he added.
UBA Foundation remains committed to the socio-economic betterment of the communities in which the bank operates, focusing on development in the areas of education, the environment, economic empowerment, and other special projects.