Binance Charity says it has collaborated with Trinitas Foundation to provide food relief and economic support to 1,000 families in Lagos State.
According to the company, an event, themed ‘Christmas Cheer 2021,’ was held to restore the hope and spirit of Christmas through the provision of food items, household items, educational materials, and monetary aid to underprivileged families.
It said in a statement, “With an average Nigerian household spending about 56 per cent of its income on food, the highest in the world and food inflation rising to 17.2 per cent in November 2021, the distribution could not have come at a better time.
“Hunger continues to be the No. 1 health risk in the world — killing more people every year than AIDS, malaria, and tuberculosis combined and Binance Charity is dedicated to battling it.”
The company added that its partnership with Trinitas Foundation was part of its ongoing efforts to fight hunger worldwide, as it also ran projects in Morocco and France.
It said it raised almost $70,000 to help provide meals for almost 15,000 people in desperate situations, aggravated by the COVID-19 pandemic.
