PAN donates N125m to terrorism victims support fund

PAN donates N125m to terrorism victims support fund

Wednesday, August 6, 2014 6:44 pm

Peugeot Automobile Nigeria (PAN), an indigenous vehicle manufacturing company in the country, said it had donated N125 million to the Terrorism Victims Support Fund.

This is contained in a statement on Wednesday in Abuja by the Head, Corporate Communications of the company, Mr Musa Usman.

The statement said that the donation was in response to President Goodluck Jonathan’s call on corporate organisations to support the fund.

The fund, launched by the president on July 31, is an initiative for the rehabilitation of terrorism victims in the country.

The statement said that the company would support the secretariat of the fund with vehicles worth N25 million.
It explained that it indicated the mode of its donation to the fund in a letter to Secretary of the Government of the Federation on Aug. 1.

Aside from the vehicles, the company said that it would provide additional N100 million in scholarship to 100 qualified family members of the victims of insurgency.

The company stated that the scholarship would be used to train the beneficiaries on technical skills in automobile repairs and maintenance.

Commending the establishment of the fund, PAN remarked that the fund would ensure speedy resettlement of the victims for sustainable livelihood. (NAN)

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