by Rachel Ogbu
Aliko Dangote, co-chairman of the Dangote-Agbakoba Presidential Committee on Flood Relief and the Federal Government has donated to raise funds for flood victims. So far, the committee has realised over N11 billion in what was described as the first leg of its fund raising.
Dangote and the FG donated the sum of N2.5 billion each, making both the highest donors at the fund raising event held at the Banquet Hall, State House, Abuja.
What was realised represents only about ten per cent of the N100 billion targeted by the committee.
Investigation revealed that banks, international and local oil companies and telecommunications companies did not make any donation.
Most of the banks pledged to donate after holding their board meetings to decide what to do.
The ministers of Petroleum and Communication Technology also pledged to mobilise the IOCs and telecommunications companies respectively, to respond to the donation of the 34-man committee.