The Security and Exchange Commission (SEC) has presented a brand new Toyota Hiace Ambulance vehicle and 1,400 cartoons of bottled water to Rivers government.
Mr Obi Adindu, Head of Port Harcourt zonal office of SEC who presented the items on Friday in Port Harcourt said, “The donation we are witnessing today is actually the fourth in the series of our assets and material donations.
He handed over the items to Prof. Princewill Chike, state Commissioner for Health, Adindu commended government’s efforts toward curtailment of COVID-19 pandemic across the country.
Adindu further stated that, “The Nigerian Capital Market upon outbreak of the pandemic set up the COVID-19 support committee which has a mandate to raise a billion Naira with which to support the country at national and sub national levels of governments.’’ In addition, he said the committee had since been very busy garnering funds from the capital market community.
Justifying the donation he recalled that, “The first donation happened in Abuja, the second took place in Lagos and the third in Kano. Today we are here in Port Harcourt, so you can see that there is national spread in the support that we are giving to the various state governments.”
Adindu also said that though the capital market was currently in a low tempo season, its emphasis had apparently been channeled to safety.
The SEC Boss acknowledged the difficulty the capital market was currently experiencing but was optimistic as soon the curve flattened, the sector would bounce back. “Even if the country’s economy experiences a depression as a result of the pandemic, certainly, we will definitely exit it once we’re able to professionally manage the pandemic.”
Receiving the items, the Health Commissioner, Prof Chinke thanked SEC for the donation, adding that the items would strengthen the fight against COVID-19 in the state. He said that the state had since onset of the pandemic taken delivery of several donations from corporate organizations, saying that a total of six ambulances as well as other medical deliverables had been received.