Stanbic IBTC Donates Vocational Centre for Young Inmates

Stanbic IBTC Holdings PLC, a member of Standard Bank Group has donated a vocational centre to one of its host communities.
The Finance Department of the organisation recently built a fully equipped vocational centre atthe Borstal Training Institute (BTI), Abeokuta, Ogun State, as part of its Corporate Social Investment (CSI) initiative.
The BTI is the Nigerian Correctional Service’s juvenile arm, set up to correct, train, reform, rehabilitate, and reintegrate young offenders. The vocational centre built and donated by the Finance Department of Stanbic IBTC at BTI in Abeokuta, is a facility where young male inmates are exposed to various skills acquisition trainings like carpentry, tailoring and ICT.
The BTI facility at Abeokuta is one of the three borstals in Nigeria, and it serves the entire Southern part of the country.The other two are located in Kaduna and Kwara States.
Speaking on the rationale behind this donation, OmololaFashesin, Head, Sustainability, Stanbic IBTC Holdings PLC, said: “At Stanbic IBTC, we pay strong attention to empowerment, being one of the pillars around which our CSI initiative revolves. We delight in seeing people succeed and advance financially, and we empower them to be able to make and act on economic decisions.”
She added: “To achieve societal and economic empowerment, young people need the skills and resources to compete in markets, as well as fair and equal access to economic institutions. This is what we provide at Stanbic IBTC. It is the beginning of a cumulative process that will allow these young men to develop the knowledge, skills and confidence they need to succeed.”
Appreciating the staff of Stanbic IBTC’s Finance Department for the positive contributions to the lives of the inmates, Mojeed Adeniran, Comptroller of Corrections, Ogun State Command, noted that the donation would help the skill development of the trainees, as correctional centres serve to correct and build the capacities of the inmates.
Ahmed Adetola Kazeem, Executive Director, Prisoners’ Rights Advocacy Initiative, urged other corporate organisations to match the commitment to social and economic growth, as displayed by Stanbic IBTC Holdings PLC.
He noted that the donation of a fully functional training centre to the BTI will help transform the lives of young inmates at the facility, empowering them to be better citizens of the country while contributing their quota to the nation’s development.

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

IPMAN Kicks Against Issuing Licences for Petroleum Products Import

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has...

Stanbic IBTC Empowers MSMEs with Business Growth Insights at Nigeria Business Summit Regional Tour in Ibadan

Micro, Small, and Medium Enterprises (MSMEs) across Oyo State...

NGX Chair: Insurance Sector Needs More Marketing, Digitalisation to Increase Penetration, Contribution to GDP

Remarks by Dr. Umaru Kwairanga, Chairman, Nigerian Exchange Group...

NAICOM Boss Charges CIIN on Professionalism, Ethics, Innovation as Jide Orimolade Emerges 53rd President

The Commissioner for Insurance/CEO, National Insurance Commission (NAICOM), Mr....

Experts Charge Stakeholders to Address Healthcare Challenges

Experts have charged stakeholders to address challenges limiting the...

Topics

Equity Market Remains Upbeat… NSE ASI Advances for 8th Session

The Nigerian equities market sustained its bullish run today,...

Recession: MainOne Keeps Nigerian Businesses Profitable with Data/Cloud Solutions

For companies in Nigeria currently battling the recession, the...

Muktari, Royal Exchange CEO Wins Most Outstanding CEO Award

L-R: Alhaji Auwalu Muktari, Group Managing Director/CEO, Royal Exchange...

NAICOM Laments Dearth of Actuaries in Insurance Sector

The 2024 Nigerian Actuarial Society Annual Conference held in...

Sterling Bank Partners NJFP to Sponsor Training of 1,000 Fellows

Sterling Bank Plc has partnered with Nigeria Jubilee Fellows...

Saudi Arabia Projects $34.5bn ICT Spend in 2019

Overall spending on information and communication technology (ICT) in...
spot_img

Related Articles

Popular Categories

spot_imgspot_img