Stanbic IBTC Reaffirms Support for Quality Education in Nigeria

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Stanbic IBTC Holdings Plc has said it will continue to support the development of education in Nigeria by promoting effective learning.

Speaking on the relevance of 2021 International Day of Education themed Recover and Revitalise Education for the COVID-19 Generation, the CEO of the financial institution, Mr Wole Adeniyi, stated that, “Our organisation is keen on positively impacting the education sector to drive national development.”

According to Mr Adeniyi, even in the heat of the COVID-19 pandemic, when many students struggled to keep up with learning as a result of the nationwide lockdown, the bank embarked on several initiatives aimed at improving education for the Nigerian children.

Stating some of the giant strides taken by Stanbic IBTC to promote effective learning amid COVID-19 disruptions, Mr Adeniyi said the company engaged students in financial literacy knowledge through its New School Money initiative.

Through the scheme, some certified professionals in the organisation educated pre-teens and teenagers on how to develop a savings and investment culture through virtual sessions.

These experts shed more light on how to distinguish between wants and needs, assets and liabilities, and the importance of making the right financial decisions. These were effectively communicated using simple, relatable videos and illustrations, Mr Adeniyi said, noting that Stanbic IBTC “leverages technological innovations to facilitate the provision of quality education in Nigeria.”

“Through our CSI initiative, we prioritise the refurbishment of dilapidated schools to create a more conducive environment for our children to learn. We support teachers with better welfare and provide e-libraries, books, computers and other digital tools to aid effective learning for students,” he added.

“The celebration of the International Day of Education is an opportunity to reiterate our commitment to the growth of education in Nigeria.

“At Stanbic IBTC, we understand the importance of education in shaping the future of the nation, and we are committed to providing opportunities that guarantee access to quality education for every Nigerian child,” Mr Adeniyi concluded.

International Day of Education is an annual international observance day held on January 24 dedicated to education. On December 3, 2018, the United Nations General Assembly adopted a resolution proclaiming January 24 as International Day of Education, in celebration of the role of education for bringing global peace and sustainable development.