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President Nana Akufo-Addo has disclosed that the COVID-19 National Trust Fund has so far received a total sum more than GH¢8.75 million in the form of donations from the general public.
While speaking in a televised address on Sunday, April 5, 2020, the President noted that the stated amount also includes US$600,000.
He commended Ghanaians and institutions for heeding to the clarion call to support the Fund meant to support the vulnerable and those who will be hard hit by measures adopted to combat the Coronavirus disease in Ghana.
“I am very grateful to the individuals and institutions, who have responded to my appeal for donations to be made into the COVID-19 National Trust Fund, which has been established to complement Government’s fight against the virus, and to assist in the welfare of the needy and the vulnerable. A total amount of some eight million, seven hundred and fifty thousand cedis (GH¢8.75 million), which includes six hundred thousand United States dollars (US$600,000), has been received so far for this purpose. I am happy that so many appointees of my government have also followed my example by donating their salaries to the Fund,” he said.
COVID-19 Fund Bill
Parliament on Thursday evening passed the COVID-19 National Trust Fund Bill, 2020.
The House earlier determined to pass the Bill under a certificate of urgency after it was laid in the House by the Attorney General.
The trust will receive donations for disbursement and also make provisions for how the trust should be managed.
The Bill, when assented by the President into law, will give legal backing to the establishment of the COVID-19 National Trust Fund to complement the efforts of government in the fight against the disease after it was set up by the government last week.
The trust, which will be chaired by former Chief Justice, Sophia Akuffo, is to receive public contributions to help improve the lives of the vulnerable who will be worst-hit by the pandemic.
Your donation will help humanitarian NGOs and UN agencies in Nigeria to assist the most vulnerable communities and people, and to provide them with urgently needed food, water, shelter and other basic support. Through this rapid and flexible response mechanism your gift today can be truly life-saving.
The Central Bank of Nigeria has released names of thirty seven Nigerians that have donated as corporate and individuals to the fight against coronavirus in the country.
The apex Bank alongside Aliko Dangote top the list of contributors with cash donation of N2B each.
Abudulsamad Rabiu of Bua Sugar Refinery, Segun Agbaje of GTB, Tony Elumelu of UBA, Jim Ovia of Zenith bank, Femi Otedola and Oba Otudeko of First Bank of Nigeria plc also donated the sum of N1B to support federal government fight against the Covid-19 pandemic.
Other contributors are Standard Chartered, Multichoice Nigeria Limited, Rand Merchant Bank, Heritage Bank, Polaris Bank, Takagro Chemicals Limited and MRS Etuh Foundation.
The publication is to ensure transparency in the utilization of relief fund.
CBN has so far received the sum more than N15,325 Billion.
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