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Home Companies Company News

Stanbic IBTC transforms education landscape with adoption of four schools

NM Partners by NM Partners
March 18, 2024
in Company News, Corporate Updates
Stanbic IBTC transforms education landscape with adoption of four schools

L-R: Dr. Umar Goni, Education Secretary Maiduguri Metropolitan Council, Prof. Bulama Kagu, Executive Chairman SUBEB Borno State, Alhaji Usman Muhammad Eya, Representative of Chairman Oriental Energy Resources Limited, Alhaji Mohammed Indimi OFR, Dr. Demola Sogunle, Chief Executive Stanbic IBTC Holdings, Mohammed Habibi Indimi, Representative of Chairman Oriental Energy Resources Limited, Alhaji Dr. Abubukar Tijjani, Special Adviser to Borno State Governor on Education, and Alhaji Bunu Monguno, Former Executive Secretary of the Borno State Agency for. Coordination of Sustainable Development and Humanitarian at the handover of the Mala Kachallah Model School Maiduguri to the Borno State Government as part of Stanbic IBTC Holding’s Adopt A School Project

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Stanbic IBTC, a leading financial service provider in Nigeria and a member of the Standard Bank Group, took a step towards enhancing education and fostering sustainable development in communities across Nigeria. The Group announced that it adopted four schools under its Adopt-a-School programme.

The schools selected for adoption were Methodist School Mbiafun Nkwono Ikono, Akwa Ibom State; Aramoko District School, Aramoko Ekiti State; Magin Rafi Model Primary School Tudun Wada, Sokoto State; and Mala Kachallah Model School, Maiduguri, Borno State.

Dr. Demola Sogunle, CEO of Stanbic IBTC, underscored the strategic importance of the initiative, stating, “Our commitment to adopting these schools reflects our dedication to implementing Environmental, Social, and Governance (ESG) strategies as part of our core business practices. We believe in promoting sustainability and making a positive impact on communities.”

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Dr. Demola also emphasized on the socio-economic benefits of the initiative, he said, “Education is a cornerstone for societal development. By adopting these schools, we are not only contributing to the United Nations Sustainable Development Goal (SDG) 4 but also investing in the future of these communities.”

As part of the transformative exercise, Stanbic IBTC renovated and rebuilt classroom blocks, provided modern and conducive learning environments, furnished classrooms, established computer laboratories, and provided necessary digital resources to empower students.

Recommended reading: Stanbic IBTC: The SUV is back on the road again

Furthermore, Stanbic IBTC created an inclusive and supportive educational ecosystem through the provision of 10-seater workstations and the renovation of toilet blocks, ensuring provision of required resources for the students.

Stanbic IBTC showcased its commitment to sustainable construction practices by prioritizing passive cooling and ventilation techniques, water conservation through rainwater harvesting, construction of water-efficient plumbing systems, and installation of energy-efficient appliances and lighting solutions on the facilities.

In addition, Stanbic IBTC prioritized the sustainable use of local resources to minimize emissions from transportation and support the local economy. Skills development was integral, with the deployment and training of local craftsmen for ongoing infrastructure maintenance. The Group also integrated climate-adaptive landscaping, ensuring resilience against the impacts of climate change.

Dr. Demola concluded by reiterating Stanbic IBTC’s commitment to responsible corporate citizenship, “Our goal is to make a lasting positive impact on communities through our initiatives and enabling sustainable and thriving environments for generations to come.”

 

The Adopt-a-School programme is structured upon Stanbic IBTC’s Social, Environmental, and Economic (SEE) framework, and it aligns with the Group’s mission to be a responsible corporate citizen.

Recommended reading: Stanbic IBTC Holdings appoints 4 new directors on subsidiary boards

 


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NM Partners

NM Partners

"NM Partners" encompasses a diverse range of articles and content published on behalf of various organizations, including corporate entities, government and non-governmental institutions, academic bodies, and key stakeholders in the economic sphere. This content spectrum covers press releases, formal announcements, specialized content, product promotions, and a variety of corporate communications tailored to engage our readership. Notably, a portion of these articles are sponsored content. At Nairametrics, while we provide a platform for these diverse voices, it is important to clarify that our relationship with the content under "NM Partners" does not imply endorsement or affiliation. The responsibility for the content accuracy and viewpoints expressed rests solely with the respective contributors. Nairametrics maintains a firm commitment to editorial independence and integrity. Consequently, we do not assume responsibility for any of the content published under "NM Partners." For any inquiries, comments, or feedback regarding the content featured in this section, we encourage open communication and can be reached at info@nairametrics.com. Additionally, we invite our readers and contributors to familiarize themselves with our Paid Post Guidelines, which outline the standards and processes governing paid content on our platform.

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