Coronavirus: Twitter CEO Jack Dorsey donates N367 billion for COVID-19 relief
- Jack Dorsey says he is committing $1 billion (N367 billion) of his personal fortune for coronavirus relief
- The move could be the largest donation from a single individual for coronavirus relief as the world battles with the pandemic
- According to Dorsey, the fund will focus on health and education for girls and 'universal basic income' effort when the pandemic is over
Twitter co-founder and chief executive officer Jack Dorsey has said he is committing $1 billion (N367 billion) of his personal fortune for coronavirus relief through his philanthropic fund.
Dorsey, who took to his official Twitter page on Tuesday, April 7, to make the disclosure, said the fund would focus on health and education for girls and 'universal basic income' efforts after the pandemic.
He tweeted: "Why now? The needs are increasingly urgent, and I want to see the impact in my lifetime.
"I hope this inspires others to do something similar. Life is too short, so let's do everything we can today to help people now."
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In other news, billionaire businessman and philanthropist Bill Gates has said he will be funding the construction of factories for seven different potential coronavirus vaccines.
The businessman, who made the disclosure on Trevor Noah's The Daily Show, said two of the vaccines will eventually be picked after billions of dollars has gone into the seven vaccines.
Gates said: "Because our foundation has such deep expertise in infectious diseases, we've thought about the epidemic, we did fund some things to be more prepared like a vaccine effort, our early money can accelerate things."
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Meanwhile, Legit.ng previously reported that Bayero University’s Department of Pure and Industrial Chemistry mobilised its staff for the production of hand sanitisers as the world battles with the coronavirus pandemic.
The sanitisers will be used within the university campus and possibly the Kano community, The Nation reports. Legit.ng gathers that the disclosure was made on Friday, April 3, by the head of the department, Dr Ibrahim Tajo Siraj.
This man has made $4bn in just 3 months as the world now relies on his technology because of COVID-19 (photo)
Siraj said the idea was borne out of the desire to give a helping hand in the fight against the disease.
He said: “As you are aware, Universities were known to be serving as research centres where solutions are proffered for any problem facing the society, and now it is time to prove to this, hence, our decision to mobilize our members to the laboratories with a view to producing hand sanitizers as stop-gap measures."
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