The enigmatic and reputable business tycoon, Dr Mike Adenuga Jnr, has, through his foundation, donated a whooping sum of N1billion to the Federal Government and N500million to the Lagos State government.

This uncommon act of generosity was disclosed in a letter to the executive governor of Lagos state, Babajide Sanwo-Olu and Governor of Central Bank, Godwin Emefiele.

Adenuga, who showered encomium on the governor over his assidious and proactive leadership in fighting the scourge, expressed the preparedness of his foundation in helping the governor to surmount the challenges that the pandemic posed

Adenuga stated “The various timely, broad and focused measures being put in place are highly commendable and worthy of support as they shall in due course end the insidious propagation of the dreaded virus. We wish, Sir, to affirm our unequivocal readiness to work with the Lagos State government in ensuring a smooth and expeditious achievement of Your Excellency’s noble objectives. We are to this end attaching herewith our bank cheque in the sum of Five Hundred Million naira (N500, 000, 000) as our modest initial contribution to the success of the laudable efforts being vigorously pursued under Your Excellency’s proactive and brilliant leadership.

He added, “We shall in addition to this contribution actively continue our ongoing efforts to assist various bodies and institutions in the country with the supply of such essential items as Sanitizers, Masks, Test kits, Ventillators, PPEs and other necessary requirements.”

In a separate letter to Godwin Emefiele, the Governor of Central Bank of Nigeria, Adenuga applauded the federal government’s measures to address the negative impact of COVID-19 virus on the health, finance and other sectors of the economy.

He also lauded the CBN’s Nigerian Private Sector Coalition Against COVID-19, which he described as a commendable and worthwhile initiative that deserves the moral and financial support of all stakeholders of the private sector.

“Given its broad scope and focused thrust, we are convinced that effective execution of the well-articulated objectives of the coalition is certain to yield the type of very positive results that will stand the country in good stead in the ongoing battle to checkmate the malignant COVID-19 virus. We are towards this end pleased to attach a bank cheque in the sum of One Billion Naira (N1, 000, 000, 000) as our modest initial contribution to the success of this welcome initiative,” Adenuga wrote.