By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Monday, Aug 3, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
BusinessHealth

Nigerian Billionaires Supporting Fight Against COVID-19

Uchenna Mbam
Last updated: May 10, 2020 1:03 pm
By Uchenna Mbam
Share
8 Min Read
11504716 billionairessupportingfightagainstcovid19 jpeg1f3d2fa3b06185e38971450129294255
SHARE

There is no doubt that the coronavirus pandemic has exposed the frailties of the human race.

It has also wrecked the world economy. However, it has also brought out the best in some people as many Nigerians have come to the aid of the underprivileged members of society.

11504716 billionairessupportingfightagainstcovid19 jpeg1f3d2fa3b06185e38971450129294255

TOFARATI IGE takes a look at wealthy Nigerians who have donated huge amounts of money to cushion the effects of the pandemic

Aliko Dangote

Being the richest black man in the world is no mean feat. And living up to the billing, Aliko Dangote, does not believe in doing small things. Whenever he wants to give, he gives big.

Shortly after the first case of coronavirus was reported in the country, Dangote, donated a hefty sum of N2bn to the government to battle the disease.Dangote also partnered with Access Bank to provide treatment, testing, training and isolation centres across the country.

Resident Doctors Declare Nationwide Strike
EXCLUSIVE: Trump Vindicated? White House backs COVID-19 Lab-Leak Theory
FG reveals Seven Homegrown Herbal Medicines for major Diseases
EXCLUSIVE: Money, Jobs, Politics and the end of Human Dominance ? Examining Elon Musk’s Predictions

Folorunsho Alakija

Billionaire businesswoman and philanthropist, Folorunsho Alakija, is one woman who has repeatedly shown that she has the milk of human kindness flowing in her veins.

Apparently disturbed by the damaging effect the coronavirus pandemic could have on the country, Alakija, who is the MD of Famfa Oil Limited, gave the Federal Government N1bn as her form of support against the rampaging pandemic.

The donation was made on behalf of she and her husband, Modupe.Alakija’s non-governmental organisation, Rose of Sharon Foundation, is known for helping widows and orphans through business grants and scholarships.

Tony Elumelu

That Tony Elumelu is a mentor to many— both young and old— is incontestable. The economist, entrepreneur and philanthropist is the Chairman of Heirs Holding, United Bank for Africa and Transcorp, as well as being the founder of the Tony Elumelu Foundation, which empowers African entrepreneurs to create jobs on the continent.

Elumelu has often said that he is deeply passionate about Africa and wants to see the continent grow. On a number of occasions, he has donated to worthy causes, especially as regards youths.

For the fight against COVID-19, the suave personality donated N1bn.

Alumni of TEF such as Juliet Kimuli (produces face masks in Uganda), Dr Adereni Abiodun (donated 10,000 face masks to mitigate the spread of coronavirus in rural areas), Nkem Okocha (gives hope to vulnerable women during the lockdown), Olasupo Abideen (launches media initiative to battle fake news) are also battling pandemic with different innovative approaches.

Bola Tinubu

A former Governor of Lagos State, Bola Tinubu, is one of the most influential politicians in the country despite not holding any public position since he left as governor after serving two terms in 2007.

Considering that the index case of coronavirus in Nigeria was reported in Lagos, it is not surprising that the astute politician fondly called ‘Asiwaju’ quickly sprang to action. On the occasion of his 68th birthday, the APC chieftain donated N200m to the Federal Government and Lagos State Government. He wrote on Twitter, “Today, but for COVID-19, we would, as we have done for the last 12 years, have celebrated this day with the Bola Tinubu Colloquium. This year, we could not but by God’s grace, we will do so again.

“The circumstances this year prevent us from gathering together to celebrate my birthday but I would still like to mark the occasion.

“That is why I have chosen today to announce that I will be making a donation of N200m to fight this deadly virus. Pursuant to this pledge, N100m will be made available to the government of Lagos State and another N100m to the NCDC to support their efforts in fighting COVID-19.”

Theophilus Danjuma

A former soldier, politician, businessman, Theophilus Danjuma, through the Victims Support Fund, set up a task force on COVID-19 to distribute food and drugs worth N1bn to internally displaced persons and other vulnerable groups across the country.

In a statement that accompanied the donation, Danjuma wrote, “This intervention became necessary in view of the global devastation of the coronavirus pandemic and the huge human challenges it poses for the country.

“As a country, we must all do what we can to ensure that the spread is curtailed.

“The task force will provide N1bn worth of medical supplies, food, water and non-food items for IDPs and others, who will face special challenges at this difficult time.”

Femi Otedola

Charismatic billionaire, Femi Otedola, is a man who gives like it is going out of fashion. He has donated huge sums of money to different causes in the past and the coronavirus pandemic is not an exception.

Otedola, through his company, Amperion Power Distribution Limited, donated N1bn to the Federal Government to fight against the disease

Abdulsamad Rabiu

The founder of BUA Group, Abdulsamad Rabiu, is an active and big player on the Nigerian business scene. With his interests cutting across several areas including iron and steel, cement, sugar refining and real estate, Rabiu does know his onion when it comes to entrepreneurship.

Having made his fortune in Nigeria, the billionaire doesn’t hesitate to come to the country’s aid when his help is needed. He donated N1bn to the fight against COVID-19 pandemic.

Jim Ovia

Business and founder of Zenith Bank, Jim Ovia, is one man who likes to keep his personal life private. He prefers to concentrate on his business interest. Like others in his ilk have done, Ovia also stepped up to the plate to ‘knock down’ COVID-19 pandemic. He donated N1bn to the cause.

Ovia also engages in other philanthropic activities through the Mankind United to Support Total Education and Youth Empowerment/ICT Foundation, among other non-governmental organisations.

Oba Otudeko

Businessman, Oba Otudeko, is the founder and chairman of the Honeywell Group. He is also a respected philanthropist and he uses his Oba Otudeko Foundation to silently empower many irrespective of where they come from.He donated N1bn to the Federal Government to wipe out the coronavirus pandemic out of the country.

Mike Adenuga
The founder of Globacom and Conoil, Mike Adenuga, GCON, is an enigma of sorts. Many admire his business sense and courage but they rarely ever get to see him because he refers to be out of the limelight.

Though Adenuga doesn’t relish appearing in public, he has been a blessing to several people across different walks of life. Through his non-governmental organisation, Mike Adenuga Foundation, the businessman donated a whooping N1bn to the government towards the eradication of the virus.

Like this:

Like Loading…
Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
ByUchenna Mbam
Follow:
Uchenna Mbam is a reliable full time Blogger on news media as Editor/Publisher.
Previous Article Mum from hell! Burns stepson’s two hands Mum from hell! Burns stepson’s two hands
Next Article Odumeje family photo 1 Everything you need to know about the lion Chukwuemeka Odumeje (Indabosky Pahose)
Search
– Advertisement –
Latest News
  • Kwankwaso welcomes APC defectors to Kano ahead of 2027 August 2, 2026
  • Yoruba Union Urges Nigerians to Reject Tinubu in 2027 Over Hardship, Insecurity August 2, 2026
  • Presidency Fires Back at Atiku, Defends Tinubu’s Economic Reforms August 2, 2026
  • Abia Moves to Host Permanent Air Force Base After Complex Launch August 2, 2026
  • Breaking News: INEC PUBLISHES CREDENTIALS PRINCE SAMBEN IKECHUKWU NWOSU AS THE PDP CANDIDATE FOR 2027 ANAMBRA SOUTH SENATORIAL ELECTIONS. August 2, 2026
  • Catholic bishops gave Tinubu the hard truth others may not have — Onaiyekan August 2, 2026
  • Must We Die Abroad? Why Elderly Nigerians Stay Away (Part One) August 2, 2026
  • He wanted to do it Himself — Wike opens up on rift with Fubara August 2, 2026
  • Every Government Official commits Impeachable Offences — Wike August 2, 2026
  • Atiku hits back at Obasanjo, defends anti-third-term stand August 1, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

IMG 5207
HealthNational

EXCLUSIVE: Why Nigeria’s First Female Neurosurgeon Left for the U.S.

July 22, 2026
FCCPC
Nigeria NewsBusiness

FCCPC Ruling Over Loan Apps: What Nigerians can do if Harassed

July 22, 2026
Centra Bank of Nigeria (CBN) Governor - Mr. Olayemi Cardoso
Nigeria NewsBusiness

CBN retains Interest Rate at 26.5%

July 21, 2026
Nigerian worker reading minimum wage document
Nigerian economyBusiness

Nigeria minimum wage 2026: What workers need to know

July 20, 2026
IMG 5166
NationalBusiness

BUA plans Oil Refinery rollout as Expansion continues

July 19, 2026
Latest NewsNigeria News

Port Harcourt Residents Raise Alarm Over Recurrent Flooding

July 17, 2026
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Sports
  • Imo state
  • Opinion
  • National Security
  • Events
  • Editorial
  • Inspiration
  • Trending news
  • Bible Messages
  • Religion
  • Jesus Christ the saviour
  • World News
  • The Love of God
  • Business
  • Crime and Investigation

9NEWS NIGERIA

  • Editorial
  • Opinion
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

%d