ASR Africa pledges N10 billion to expand healthcare intervention in Nigeria

22 Jun 2021
Financial Nigeria

Summary

Founder and Executive Chairman of BUA Group Abdul Samad Rabiu

The Abdul Samad Rabiu Africa Initiative (ASR Africa), the philanthropic initiative of the billionaire industrialist and BUA Group founder, Abdul Samad Rabiu, today, announced that it is expanding its 2021 programme with a N10 billion grant towards healthcare interventions in four Nigerian states, namely Ogun, Sokoto, Kwara and Edo.

Speaking on the new grant, Ubon Udoh, Managing Director of ASR Africa, said, “Since the inception of the Abdul Samad Rabiu Africa Initiative and its 100 million Dollars Africa Fund for Social Development, we have identified key development needs in Healthcare, Education and Social Development within Nigeria and the African continent at large, and commenced implementation of some of these projects.” He said that based on its sub-national healthcare needs assessment, ASR Africa has now decided to commit N2.5 billion each to the four states in four of the country’s geopolitical zones.

According to Udoh, this expanded grant will be dedicated towards healthcare interventions in maternal and child health, health infrastructure, capacity development, and others.

“We will develop mutual accountability frameworks with the state implementation teams after which fifty percent of the grant will be disbursed immediately to commence implementation of the projects. The remaining fifty percent will be released in line with agreed delivery milestones,” Udoh added.

Established in 2021, the ASR Africa seeks to support sustainable development initiatives in the health, education and social development within Nigeria and the rest of Africa, every year. Some of the Nigeria’s tertiary institutions that have received grants from the organisation include University of Maiduguri, University of Ibadan, and Ahmadu Bello University, Zaria.


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