Access Holdings , leading African financial group has donated over ₦1 billion to assist current recovery efforts for flood victims in Maiduguri, North- Eastern Nigeria. The donation was made through its banking vertical – Access Bank Plc.
The support which is in demonstration of the organisation’s commitment to national and community development was made during a visit of the Group’s delegates, led by Bolaji Agbede, Acting Group Chief Executive Officer, to the Borno State Government House in Maiduguri.
The donation was aimed at providing both immediate and long-term respite to the devastating floods that severely impacted the region leading to loss of lives and many sources of livelihood.
Access Holdings’ contribution was be allocated as follows- ₦500 million in cash to support the state government’s on-the-ground response efforts, ₦500 million for the restoration of critical infrastructure damaged by the flood, as well as essential food supplies to ensure the most vulnerable receive urgent care
Speaking at the meeting, Bolaji Agbede, Acting Group Chief Executive Officer of Access Holdings Plc, reaffirmed the Group’s commitment to supporting the people of Borno, restating a pledge to impact lives of communities where the institution operates.
In his words, “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. We recognise the resilience of the people of Borno, and we are committed to providing the support necessary to overcome this difficult time.
“This donation is not merely about the funding; it is about offering immediate succour to families and individuals, who have been affected, while also contributing to local economic resurgence and long-term resilience through the restoration of essential infrastructure,” said Agbede.
In his remarks, Governor Babagana Zulum expressed appreciation for the donation and the company’s swift response to the crisis. “We are moved by the generosity and commitment shown by Access Holdings and Access Bank during this critical time. This donation of ₦1 billion is appreciated during this challenging time and will be judiciously utilised to impact the lives of all those who have been affected by the incident.
“The restoration of our hospitals and essential services will strengthen our resilience, while the food relief will provide immediate comfort to families and individuals in distress. Truly, this support speaks to the importance of cooperation between the government, and the private sector in improving the lives of our local communities,” said Zulum.
The donation makes Access Holdings the first mainstream financial institution to offer quality support to Borno in the wake of the disaster that affected over one million people- leaving entire residential areas submerged and tens of thousands of people displaced.
The company remains committed to working closely with the Borno State Government, aid organisations, and other stakeholders to ensure relief reaches those most in need and the state is well-positioned for recovery.