SIFAX Group backs Nigeria with N130m against Covid-19 spread

  • Oyinloye

Indigenous multinational, SIFAX Group, has backed the nation’s efforts to stem the spread of Coronavirus (Covid-19) pandemic with N130 million, the Group Managing Director, Adekunle Oyinloye, said.

From the amount, N70 million goes to the Federal Government through the Presidential Task Force on Covid-19, Lagos and Ogun states will receive N15 million and N10 million respectively, while the Nigerian Ports Authority gets N5 million.

And through its foundation, the Ajoke Ayisat Afolabi Foundation, Sifax Group is also committing N30 million in relief support fund to the poor across the 36 states of the federation, a statement from the Corporate Affairs Manager, Mr. Muyiwa Akande, added.

According to Oyinloye, SIFAX Group, which holds investments in maritime, aviation, oil and gas, haulage and logistics, financial services and hospitality, believes that the donation will help flatten the curve and aid the collective fight against the pandemic.

“We are delighted to be presenting this support fund to both the federal and state governments. As a company, we believe that a healthy people translate to a healthy nation, that is why we are leaving no stone unturned in our support towards the eradication of this pandemic in Nigeria,” Oyinloye said.

“Our foundation, Ajoke Ayisat Afolabi Foundation, is also committing funds into making sure that the poor are adequately taken care of. We commend the visible and proactive efforts of government at all levels and believe that this collective effort will go a long way in flattening the curve, and we will overcome soonest.”

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