Flood Blocks Nsukka Road 20241012 173541 0000

Banks Donate Multimillion Naira Relief Materials To Jigawa Flood Victims

The Committee of Banks in Nigeria on Thursday lifted the victims of the recent flooding in some parts of Jigawa State with a solidarity visit to Dutse, the state capital, during which they made donation of assorted items of relief materials to the State Government.

The donation is part of their own contribution to alleviate the plight of those impacted by the September 2024 natural disaster.

The donation of the relief materials comprising food items, including bags of rice, cartons of vegetable cooking oil, mattresses, and beverages were presented to the Governor of Jigawa State, Malam Umar A. Namadi, by a high-powered delegation of the Committee of Banks in Nigeria led by their Chairman and Group Managing Director/Chief Executive Officer, United Bank for Africa Plc (UBA), Dr. Oliver Alawuba.

Other banksโ€™ CEOs that were on the delegation included the Managing Director/Chief Executive Officer (GMD/CEO), Access Bank Plc, Mr. Roosevelt Ogbonna; Group Managing Director/Chief Executive Officer (GMD/CEO), Zenith Bank Plc, Dame (Dr.) Adaora Umeoji; and Group Managing Director/Chief Executive Officer (GMD/CEO); Fidelity Bank Plc, Dr. (Mrs.) Nneka Onyeali-Ikpe.

In his remarks while presenting the relief materials, Alawuba stated that the gesture by the bankers was one of the ways to empathise with the government and people of Jigawa State, and importantly the residents who were severely impacted by the floods.

He added that the relief materials were targeted at boosting the current multi-stakeholder efforts to support the flood victims in getting back on their feet, as well as supporting critical institutions that provide care for the victims, especially public hospitals.

โ€œI stand before you today as the Chairman of the Committee of Banks in Nigerian, to demonstrate our solidarity with the Government and good people of Jigawa State. Principally, we are in Jigawa State to empathize with the State Government, families, and relations of those who were severely impacted by the recent flooding that occurred across some local government areas of the state, in specifically in September this year.

โ€œWe pray for the repose of souls that were lost in the devastating floods, as well as comfort for their families. We also pray for the recovery and restoration of those who lost properties and valuables during the floods,โ€™โ€™ he said.

Speaking further, Alawuba added, โ€œWe are here today to lend our hand of help to the State Government by donating relief materials worth several millions of Naira in support of the affected residents, and also critical institutions that provide care such as public hospitals.

โ€œWe believe the relief materials consisting of food items such as; bags of rice, cartons of vegetable cooking oil, mattresses, and beverages would go a long way in providing comfort and lessen the burden of the victims impacted by the floods.โ€™โ€™

The Chairman, Committee of Banks in Nigeria added that the humanitarian gesture was a testament to the Nigeria banking sectorโ€™s commitment to supporting the well-being of Nigerians in times of need. โ€œAs bankers, we are not just concerned about the economic implications of natural disasters; we are also deeply troubled by the human suffering that accompanies them. We believe that it is our collective responsibility to support those affected and help them rebuild their lives,โ€™โ€™ he noted.

Alawuba stated that the gesture further affirmed the commitment of the Nigerian financial institutions to leading from the front as agents of positive change in society, while assuring that they would continue to work together to support those in need, promote economic growth and development, and to contribute to the well-being of our great nation.

He expressed gratitude to his colleague CEOs of Nigeria banks for their generosity and contribution to the relief effort.

โ€œYour support underscores our unrelenting passion for national development and care for the environment where we do our business,โ€™โ€™ he added.

Alawuba affirmed the long history of commitment of the Nigerian banking and financial institutions to the well-being of the Nigerian people and the environment, stating that the banking sector provided similar interventions to the victims of the 2011 flooding which affected 28 states and that of 2013 flooding which affected 32 states of the federation.

Other interventions by the financial institutions include corporate support for the management and containment of the spread of COVID-19 pandemic in 2020, including funding support for public healthcare infrastructure, and access to credit for micro and small businesses to stay afloat in the post-pandemic era.

He said, โ€œNotably, we were proud to be part of the Central Bank of Nigeria-led Private Sector Coalition Against COVID-19 (CACOVID) Relief Fund, where we contributed significantly to the Fundโ€™s efforts to provide palliatives to vulnerable Nigerians and strengthen the nationโ€™s healthcare infrastructure.

โ€œThe intervention of the banking sector resulted in over N32bn being pooled to fill a significant funding gap for the governments during the unexpected global pandemic.

โ€œFurthermore, as we navigated the post-pandemic era, Nigerian banks played important roles in helping businesses recover. Banks in Nigeria supported firms of all sizes, to mitigate the impact of the extended lockdown and disruption to business activities in many ways.

โ€œThrough the stabilization funds, Nigerian banks provided loans and credits to small and medium businesses to stay afloat, thereby ensuring business sustainability, preventing job losses, and fostering national economic growth.โ€™โ€™

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