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) as part of its continued commitment to a secure environment for individuals and businesses.
UBA Group chairman Tony Elumelu, accompanied by the bank’s deputy managing director Muyiwa Akinyemi presented the cheque to Governor Babajide Sanwo-Olu at the State House, Marina, Lagos on Sunday.
Speaking during the presentation, Mr Elumelu reiterated the bank’s dedication to supporting initiatives that ensure the safety and prosperity of communities across Nigeria.
He said, “At UBA, we understand that security is critical for economic growth and societal well-being. Our donation to the Lagos State Security Trust Fund is a reflection of the bank’s 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.”
While receiving the N500m cheque, Mr Sanwo-Olu expressed appreciation to the UBA Group, UBA Foundation and Elumelu for their unwavering commitment to impactful projects, the state’s progress and well-being.
He said, “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.”
This latest gesture aligns with UBA Foundation’s special projects initiative which focuses on addressing pressing societal issues through strategic partnerships and impactful interventions. Over the years, UBA Foundation has actively contributed to enhancing education, environment, economic empowerment and special projects such as these critical donations across Africa.
Elumelu emphasised the bank’s role as a leader in giving back to society. He explained that in pledging its support to the state’s efforts at improving security, UBA recognises the vital link between safety and economic stability.
He said, “This partnership with the Lagos State Government reinforces the bank’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.”
