Bank Pledges More Support For Education Sector

Stanbic IBTC Holdings Plc has pledged increased support for the education sector in Nigeria.
The bank said it had renovated Lisabi Grammar School in Abeokuta, Ogun State, as part of its Adopt-A-School initiative.

Prior to the renovation of the school, Stanbic IBTC said it had adopted schools in Akwa Ibom, Ekiti, Sokoto, Borno and Gombe states, demonstrating a commitment to diverse geographic representation in their educational support.

The recent renovation marks the sixth school to benefit from the bank’s commitment to improving the educational landscape in Nigeria.

Commenting on the renovation of Lisabi Grammar School, founded in 1943, the chief executive officer of Stanbic IBTC, Dr Demola Sogunle emphasized the long-term nature of the programme.

“Our Adopt-A-School programme is a marathon, not a sprint. We deliberately chose Lisabi Grammar School for adoption, committing to ongoing refurbishment, revamping, repair and maintenance of infrastructure over the coming years,” he said.

According to him, the renovation project aims to create a more conducive learning environment for students and improve working conditions for staff.

Demola highlighted the initiative’s focus on human capital development, saying “Over the next five to seven years, teachers and staff members will be exposed to the latest training techniques, ensuring they are fully empowered to guide the next generation.”

Also speaking, Ogun State commissioner for Education, Science and Technology, Prof Abayomi Arigbabu thanked Stanbic IBTC for its contribution to education in the state.