Access Holdings Plc has announced a substantial donation exceeding N1 billion to aid relief and recovery efforts in Maiduguri. This initiative, facilitated through its banking arm, Access Bank Plc, was revealed during a recent visit to the Borno State Government House.
The announcement was made by Bolaji Agbede, the Acting Group Chief Executive Officer of Access Holdings. His delegation aimed to discuss the bank’s commitment to supporting the affected communities in Borno.
According to a statement from Access Bank, the donation will provide both immediate and long-term support. It includes N500 million in cash to assist the state government’s on-ground response efforts.
In addition to the cash donation, another N500 million will be allocated for the restoration of critical infrastructure that was damaged by recent flooding. This funding is crucial for rebuilding the community’s foundation.
Furthermore, the bank plans to provide essential food supplies to the most vulnerable individuals and families affected by the crisis. This multifaceted approach underscores the urgency of addressing both immediate needs and long-term recovery.
During the meeting, Agbede reiterated Access Holdings’ commitment to impacting the lives of communities where the institution operates. He emphasized the importance of community support in times of crisis.
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“At Access Holdings, we believe in positively impacting the communities we serve, not only as a financial institution but as a family that cares deeply for its people,” he stated.
Agbede acknowledged the resilience of the people of Borno, stressing the necessity of offering support during these difficult times. He framed the donation as a way to provide immediate relief and contribute to local economic resurgence.
The focus of this initiative is not just on funding but also on fostering long-term resilience through infrastructure restoration. By addressing these critical areas, Access Holdings aims to assist in rebuilding the community.
Governor Babagana Zulum welcomed the delegation and expressed deep appreciation for the generous donation. He recognized the importance of such support in aiding recovery efforts in the state.
The collaborative effort between Access Holdings and the Borno State Government highlights a shared commitment to the well-being of the community. This partnership is vital for driving sustainable recovery in the region.
As the situation evolves, initiatives like these play a crucial role in providing hope and assistance to those impacted by recent challenges. Access Holdings’ dedication sets a strong example of corporate responsibility in times of need.
