First Bank to Support Education Sector

The Chief Executive Officer, First Bank Nigeria Limited, Dr. Adesola Adeduntan, has expressed the preparedness of the bank to support the Rotary Club of Lagos in its quest to upscale basic education and literacy by supporting the provision of school libraries with N5, 000,000.

Adeduntan, who this disclosed recently in Lagos, during the installation ceremony of Mr. Babawale Agbeyangi, as the 61st President of Rotary Club of Lagos and Commencement of Humanitarian Projects for the year 2021-2022, said the support was in line with the bank’s sustainability drive to improve reading habits in students and further increase the growth and development of Nigeria’s economy.

He also stated that the support would boost the mutually beneficial partnership between the bank and Rotary International.

“It would help actualise our mutual objectives of growing our people, minimising negative environmental impacts, and investing in the communities in which we operate,” he added.

He further explained that the bank is committed to the sustainability of the communities in which they operate, adding that its corporate responsibility and sustainability pillars are hinged on education, health, welfare, financial inclusion, responsible lending and procurement.

According to him, “In 2019, the bank was recognised with the ‘Outstanding Invaluable Company Award’ by The Rotary International.

“The recognition stems from the bank’s impactful corporate social responsibility projects in the areas of education, health, economic and youth empowerment, infrastructure, and environment, amongst others, which Rotary considers invaluable in the service to humanity. We thank you again for this honour. We are deeply committed to supporting the education sector.”

He said at the outset of the COVID-19 pandemic last year, FirstBank strengthened the sector to recover by launching an e-learning initiative aimed at moving one million students across the nation to e-learning.