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Committee Of Bank In Nigeria Donates Multimillion Naira Relief Materials To Jigawa Flood Victims
The Committee of Banks in Nigeria on Thursday lifted the victims of the recent flooding in some parts of Jigawa State with a solidarity visit to Dutse, the state capital, during which they made donation of assorted items of relief materials to the State Government as part of their own contribution to alleviate the plight of those impacted by the September 2024 natural disaster.
The donation of the relief materials comprising food items, including bags of rice, cartons of vegetable cooking oil, mattresses, and beverages were presented to the Governor of Jigawa State, Malam Umar A. Namadi, by a high-powered delegation of the Committee of Banks in Nigeria led by their Chairman and Group Managing Director/Chief Executive Officer (GMD/CEO), United Bank for Africa Plc (UBA), Dr. Oliver Alawuba.
Other banks’ CEOs that were on the delegation included the Managing Director/Chief Executive Officer (GMD/CEO), Access Bank Plc, Mr. Roosevelt Ogbonna; Group Managing Director/Chief Executive Officer (GMD/CEO), Zenith Bank Plc, Dame (Dr.) Adaora Umeoji; and Group Managing Director/Chief Executive Officer (GMD/CEO); Fidelity Bank Plc, Dr. (Mrs.) Nneka Onyeali-Ikpe.
In his remarks while presenting the relief materials, Dr. Alawuba stated that the gesture by the bankers was one of the ways to empathise with the government and people of Jigawa State, and importantly the residents who were severely impacted by the floods. He added that the relief materials were targeted at boosting the current multi-stakeholder efforts to support the flood victims in getting back on their feet, as well as supporting critical institutions that provide care for the victims, especially public hospitals.
“I stand before you today as the Chairman of the Committee of Banks in Nigerian, to demonstrate our solidarity with the Government and good people of Jigawa State. Principally, we are in Jigawa State to empathize with the State Government, families, and relations of those who were severely impacted by the recent flooding that occurred across some local government areas of the state, in specifically in September this year. We pray for the repose of souls that were lost in the devastating floods, as well as comfort for their families. We also pray for the recovery and restoration of those who lost properties and valuables during the floods,’’ he said.
Speaking further, Dr. Alawuba asserted: “We are here today to lend our hand of help to the State Government by donating relief materials worth several millions of Naira in support of the affected residents, and also critical institutions that provide care such as public hospitals. We believe the relief materials consisting of food items such as; bags of rice, cartons of vegetable cooking oil, mattresses, and beverages would go a long way in providing comfort and lessen the burden of the victims impacted by the floods.’’
The Chairman, Committee of Banks in Nigeria added that the humanitarian gesture was a testament to the Nigeria banking sector’s commitment to supporting the well-being of Nigerians in times of need. “As bankers, we are not just concerned about the economic implications of natural disasters; we are also deeply troubled by the human suffering that accompanies them. We believe that it is our collective responsibility to support those affected and help them rebuild their lives,’’ he noted.
Dr. Alawuba stated that the gesture further affirmed the commitment of the Nigerian financial institutions to leading from the front as agents of positive change in society, while assuring that they would continue to work together to support those in need, promote economic growth and development, and to contribute to the well-being of our great nation.
He expressed gratitude to his colleague CEOs of Nigeria banks for their generosity and contribution to the relief effort. “Your support underscores our unrelenting passion for national development and care for the environment where we do our business,’’ he applauded.
Dr. Alawuba affirmed the long history of commitment of the Nigerian banking and financial institutions to the well-being of the Nigerian people and the environment, stating that the banking sector provided similar interventions to the victims of the 2011 flooding which affected 28 states and that of 2013 flooding which affected 32 states of the federation. Other interventions by the financial institutions include corporate support for the management and containment of the spread of COVID-19 pandemic in 2020, including funding support for public healthcare infrastructure, and access to credit for micro and small businesses to stay afloat in the post-pandemic era.
He said, “Notably, we were proud to be part of the Central Bank of Nigeria-led Private Sector Coalition Against COVID-19 (CACOVID) Relief Fund, where we contributed significantly to the Fund’s efforts to provide palliatives to vulnerable Nigerians and strengthen the nation’s healthcare infrastructure. The intervention of the banking sector resulted in over Thirty-two Billion Naira (N32 billion) being pooled to fill a significant funding gap for the governments during the unexpected global pandemic.
“Furthermore, as we navigated the post-pandemic era, Nigerian banks played important roles in helping businesses recover. Banks in Nigeria supported firms of all sizes, to mitigate the impact of the extended lockdown and disruption to business activities in many ways. Through the stabilization funds, Nigerian banks provided loans and credits to small and medium businesses to stay afloat, thereby ensuring business sustainability, preventing job losses, and fostering national economic growth.’’
Additionally, Dr. Alawuba said Nigerian banks also support many other laudable initiatives across both economic and non-economic sectors, one of which is in the area of security. For example, he said banks have continued to support the Lagos State Security Trust Fund, which has become a model copied by other states for sustainable funding of the training, equipment, and welfare needs of personnel of the Nigeria Police deployed to the state. He said the support has led to improved security of lives and property in the state.
He disclosed further that the banking sector supported the government in rebuilding and remodeling of Police stations destroyed in the wake of the #EndSARS protesters, in 2020. With the support, he added that officers and men of the Nigeria Police now have more befitting workplaces to function.
The bankers commended Governor Namadi, the federal and state governments, donor agencies and other stakeholders for the efforts in responding to the need of the victims of the flooding, while noting that, through collective efforts and actions, we could all make a big difference in the society, as well as build a prosperous nation that works for all.
Responding, Governor Namadi thanked the Committee of Banks in Nigeria for their humanitarian gesture, describing it as a rare demonstration of love, care and empathy for humanity. He said he was particularly touched receiving such a high number of bank chiefs leaving their offices to come and show solidarity to the families and individuals affected by the flood.
“On behalf of the government and people of Jigawa State, I want to most sincerely thank you for this visit. Certainly, what you have done today has demonstrated a good sign of love, care and maturity because, I don’t think it has ever happened like this, for four managing directors of the big Nigerian banks leaving their offices and come and sympathise with us on the incident that happened to us; that has shown the serious sign of love, care and maturity,’’ he enthused.
Governor Namadi assured that the state government would continue to seek opportunities to work together with the financial institutions as critical enablers of socio-economic growth, adding that with the significant support of the banks, the task of supporting the flood victims to get back to normal life had received a boost.
He stated, “So whilst I really thank you very much, I assure you that as we go on we will continue to work together for the betterment of this country. Certainty, some time two of you at one time or the other has done something to help out Jigawa State and today again we are putting ourselves together as the body of banks’ CEOs also coming to our aide, to help our people and bring them back to life in order to move forward.’’
The governor gave the assurance that the donated relief materials would be judiciously used and get to the people they were meant for. “I also want to assure you that the Jigawa State government will continue to work together with you, to ensure that we improve the lives of those affected by the devastating floods.
“Like we said, these people have really suffered a lot; they lost their means of livelihood which is not easy at this time, but with the people and body like yourself, these people have a lot of hope and then at least they are being shown they have brothers and sisters that are there for them in their time of need. So, we really appreciate this gesture and we are not taking it for granted. We pray that God almighty will replenish your purse for what you have done for our people,’’ Governor Namadi stated.
Other personalities on the delegation for the donation of the relief materials were President, Association of Corporate Affairs Managers of Banks (ACAMB), Mr. Rasheed Bolarinwa; the Registrar/Chief Executive Officer, Chartered Institute of Bankers of Nigeria (CIBN), Mr. Akin Morakinyo, and others.
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Oyo 2027: Adelabu Quits As Power Minister To Focus On Guber Race
The Minister of Power, Adebayo Adelabu has formally resigned from his position in the Federal Government to pursue his governorship ambition in Oyo State.
In a resignation letter dated April 22, 2026, and addressed to the President, Adelabu stated that his resignation will take effect on April 30, 2026, to enable him to focus on his governorship ambition in Oyo State.
The letter, routed through the Office of the Secretary to the Government of the Federation, stated that he was stepping down with “a deep sense of honour and profound gratitude.”
He wrote, “I write with a deep sense of honour and profound gratitude to formally tender my resignation as the Honourable Minister of Power of the Federal Republic of Nigeria. This resignation is to take effect on 30th April 2026, in order to allow sufficient time for a smooth and orderly handover of responsibilities.”
Adelabu thanked the President for the opportunity to serve, describing his appointment as a privilege.
He said, “Your Excellency, I remain sincerely grateful for the privilege and confidence you reposed in me by appointing me to serve our great nation in this capacity.
“It has been a rare honour to contribute to national development under your leadership and to play a role in advancing reforms in the power sector—one of the most critical foundations of Nigeria’s industrial growth and economic transformation.”
The former minister said his resignation was to enable him focus fully on his governorship ambition in Oyo State, citing provisions of the amended electoral law.
He added, “My decision to step down is informed by my intention to focus fully on my gubernatorial ambition in Oyo State. This aspiration, which dates back to 2016 during my service as Deputy Governor of the Central Bank of Nigeria, ultimately led to my voluntary resignation from the Central Bank in 2018 in order to pursue the same goal.”
“In line with the provisions of the Amended Electoral Act 2026, which preclude political office holders from contesting elections, I consider it both appropriate and necessary to resign at this time.”
Adelabu’s exit marks a major political development ahead of the next electoral cycle, particularly in Oyo State, where he is expected to contest the governorship election.
News
Wale Edun, Musa Dangiwa Resigned Voluntarily, Not Sacked – Presidency
The Presidency has clarified that Wale Edun (former Finance Minister) and Ahmed Musa Dangiwa (former Housing Minister) voluntarily resigned from their positions and were not sacked by President Tinubu.
In a statement released this evening April 22, presidential media aide, Bayo Onanuga, said that contrary to public opinions, Wale Edun resigned on health grounds while Dangiwa also tendered his resignation and thanked the President for the opportunity given him to serve in the Federal Executive Council.
Onanuga stated that Edun, who clocked 70 on Monday and has battled recent ill health, fittingly submitted his resignation letter on his birthday, thanking the President for the opportunity to serve Nigeria.
“It has been a pleasure and privilege to serve your administration and the Renewed Hope Agenda, Under your leadership, Nigeria has emerged stronger, more resilient and more internationally respected. I wish you and the administration every success in the future” he wrote
Onanuga stated that on Tuesday, before the Office of the Secretary of the Government of the Federation announced his departure from the Cabinet, Edun paid a valedictory visit to the President at the Villa and held an hour-long discussion with the president and then left to focus on his private businesses.
The presidential aide stated that President Tinubu has expressed deep appreciation to Edun and Dangiwa for their dedicated service and significant contributions to the administration’s economic reform programme and wished them continued success in their future endeavours.
‘’In the same vein, the President has urged the new Minister of Finance, Taiwo Oyedele, to consolidate ongoing reforms and advance the administration’s fiscal and economic objectives with renewed focus, discipline, and innovation.
President Tinubu will shortly send the ministerial nominee for housing, Muttaqha Rabe Darma, also from Katsina, like Dangiwa, to the Senate for confirmation” the statement concluded
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Unity Bank, Experts Advocate Green Investment, Climate Innovation To Drive Economic Resilience
Nigeria’s retail lender, Unity Bank Plc, alongside leading climate innovation experts, has called for increased investment in the green economy and the adoption of frontier technologies as critical pathways to driving economic resilience and reducing the impact of climate change on vulnerable populations across Africa.
The call was made during a thought-provoking webinar hosted by the Bank to commemorate this year’s Earth Day, themed “The True Cost of Climate Change and Who Pays?”. Climate experts and stakeholders convened to examine the human, economic, and institutional costs of climate change, while spotlighting practical solutions to address its growing impact.
In his opening remarks, Unity Bank’s Head of Strategy and Innovation, Ibukun Coker, emphasised the urgency of addressing climate risks from both a societal and business perspective.
He said: “Climate change is no longer a distant or abstract challenge. It is an existential threat with direct consequences for individuals, businesses, and economies. At Unity Bank, we recognise the role institutions must play in incorporating sustainability in project financing, supporting businesses and promoting solutions that build resilience in communities where we operate.”
The webinar featured Chinwe Udo-Davis, Founder and CEO of Instollar, and Oluwatosin Ajide, Programme Manager at the Nigeria Climate Innovation Centre, both of whom provided insights into the drivers of climate change and the pathways to mitigation and adaptation.
Speaking during the session, Udo-Davis highlighted the disproportionate burden which climate change places on underserved communities and the need for inclusive solutions.
“The true cost of climate change is not evenly distributed. Communities with the least resources are often the most affected, whether through energy poverty, environmental degradation, or limited access to sustainable alternatives. Addressing this imbalance requires intentional investment in clean energy solutions that are both accessible and scalable.”
Ajide underscored the importance of coordinated, system-wide approaches in tackling climate challenges, particularly through innovation and policy alignment.
“Climate change is fundamentally a structural problem, and its solution requires a paradigm shift: from innovation and policy to financing and implementation. Stakeholders must work collaboratively to drive solutions that are sustainable and inclusive.”
The session also explored emerging opportunities in climate technology, renewable energy, and ecosystem financing, reinforcing the role of innovation and cross-sector collaboration in building long-term resilience.
By hosting the webinar, Unity Bank continues to demonstrate its commitment to advancing sustainability-focused dialogue and supporting initiatives that promote responsible growth and environmental stewardship.
The initiative underscores the Bank’s broader strategic focus on environmental sustainability as well as its commitment to financial inclusion.
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