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Business

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Stanbic IBTC Pension Unveils N32m FUZE Talent Hunt Festival

R-L: Executive Director, Investment, Stanbic IBTC Pension Managers Limited, Dare Otitoju; Executive Director, Business Development, Nike Bajomo; Executive Director, Operations, Charles Emelue and Head, Business Development Department, Yinka Johnson at the event.

Stanbic IBTC Pension Mangers Limited has unveiled a FUZE Festival of music, tech, dance and fashion with N32 million in prizes to eventual winners. The FUZE Festival is scheduled for Wednesday, December 21, 2022 at Livespot Entertainment Centre, 4 Oba Elegushi Road, Close to Nike Art Gallery, Lekki from 10.00 to 7.00pm.

Mr. Olumide Oyetan, the Managing Director/CEO of Stanbic IBTC Pension Managers Limited, who was represented by Mrs. Nike Bajomo, Executive Director at the PFA, said the core objective of the initiative is to impact the populace in various areas of human endeavour. She said the idea, the first in the pension industry in Nigeria, is also to give youths the opportunity to excel in their area of natural talent.

Bajomo emphasised that the FUZE Festival is a critical part of the company’s Corporate Social Investment (CSI) initiative to give back to the society where they operate and a platform to identify gifted people at any age.

On impact on the local Nollywood industry, she said: “The FUZE Festival will create a platform for talent hunt and deepen the entertainment industry in Nigeria. The fusion of music, tech, dance and fashion in the Festival is to generate more interest in terms of more people being involved in the program. It is also a good combination to add and empower a lot of people out of poverty.”

The Stanbic IBTC Pension ED was emphatic that the government cannot do everything, hence their decision to establish the Festival as part of adding value to the society and promised that it would run annually.

The prize money ranges from N5 million to N1 million for the eventual winners.

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