Sterling Bank backs Ogun State investment forum

 As part of its drive to partner with stakeholders in the growth of the nation’s economy both at the state and national levels, Sterling Bank has announced its sponsorship of the third edition of the Ogun State Investment Forum.

The theme of the two day event starting on May 9, 2016 is “Ogun State: Open for Business- Emerging Economic Powerhouse”.

Also, in line with the plan of the Federal Government to diversify the economy occasioned by the declining revenue generated from crude oil exports, Sterling Bank has remained committed to supporting production and consumption of locally made goods and services by supporting local manufacturers with the introduction of the “made in Nigeria” week and its partnership with Innoson Motors; the first in the manufacturing of locally made vehicles.

The Bank, in a statement signed by its Group Head, Strategy & Communications, Mr. Shina Atilola explained that the involvement of the Bank in the Forum was informed by the need for public – private partnership to achieving rapid economic development in Nigeria.

While commending the Ogun State government for opening the state for domestic and international investors, Mr. Atilola noted that the step taken by the government would accelerate the desired growth and development of the state’s economy curtailing the challenge of unemployment and improving the standard of living of her citizens.

The statement reads further: “The private sector operators must collaborate with both the states and Federal Government for any meaningful economic development to take place in the country. This has informed the Bank’s participation and support of laudable programmes that are aimed at changing the economic landscape of the country for the better.

“We have demonstrated this as a responsible corporate citizen by way of supporting the last edition of the Forum and other laudable projects from both the public and private sectors. We have thus truly established ourselves as a worthy partner with all stakeholders in the country”.

It would be recalled that the Bank also sponsored the 2014 edition of the programme and stands out as a major partner with other state governments especially in the area of education and economic development. Last year, the Bank presented an e-library to the College of Education, Ikere Ekiti in Ekiti State and commissioned co-branded verve/identity cards which serve as access control system and identity management solution for staff and students of the Benue State University in Makurdi.