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Anti-Coronavirus campaign: Senators to take half pay

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More firms to follow suit

Nigerian senators have agreed to contribute 50 per cent of their salaries to the fight against the spread of Coronavirus in the country.

Vice Chairman of Senate Committee on Media and Public Affairs, Godiya Akwashiki, revealed this in a statement today.

According to him, this is their contribution to the nation.

“After due consultations following a keen review of the national efforts to contain the Coronavirus pandemic in Nigeria, the Senate wishes to announce that from March 2020, distinguished Senators will be donating 50 percent of their salaries to these efforts to stop the spread of the disease, otherwise known as COVID-19, in our country. 

This monthly contribution from the Upper Legislative Chamber will be sustained until Nigeria is declared safe from the ravages of this deadly disease. The Senate commends the efforts of President Muhammadu Buhari and the administration towards the goal of securing our nation against this plague,” he said.

Meanwhile, more business organisations are donating for the fight against further spread of COVID-19, with the latest being Standard Chartered Bank which has announced that it will donate $1billion to companies that provide goods and services that help the campaign.

The bank also said that organisations planning to switch into making products that are in high demand to fight the global pandemic would also benefit from the fund.

Companies in scope include manufacturers and distributors in pharmaceutical industry and healthcare providers, as well as non-medical companies that have volunteered to add this capability to their manufacturing output. 

Goods in the scope include ventilators, face masks, protective equipment, sanitisers and other consumables.

CEO of Corporate, Commercial and Institutional Banking at Standard Chartered, Simon Cooper, said the funds would be in form of loans, import/export finance or the working capital facilities that the companies use for day- to-day business operations to help them tool up, and help existing manufacturers get their products to market.

“Clearly there’s a cost for companies to switch into these hugely in- demand items, so it’s an area where we can potentially help them get these processes up and running more quickly; and at the same time, we want to make sure that existing manufacturers and service providers get the support they need.

Our industry teams are looking across our client base and, given our understanding of clients’ current manufacturing processes, we’re assessing which companies might want to consider adding these items to their production line,” he said.

It will be recalled that Keystone, Access, GT Bank, Zenith Bank and other corporate bodies as well as rich individuals in the country have donated funds to the fight against the pandemic in the country which has so far received over N80billion in donations to combat COVID-19.

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