Gov Fayose
Gov Fayose

EXECUTIVE Governor of Ekiti
State, Mr. Ayodele Fayose will on
Wednesday commission the e-library
built by Sterling Bank Plc for the
College of Education, Ikere-Ekiti,
Ekiti State. The project is part of the
lender’s contributions to improve
the nation’s education sector under
its ‘One Education’ initiative.
A statement signed by Mr. Shina
Atilola, Group Head, Strategy
& Communications and made
available to newsmen over the
weekend, also confirmed that in
sustenance of its strategic focus
on clean environment as one of its
Corporate Social Responsibility,
CSR, priorities, the Bank will also
present 1000 units of branded
highway managers’ and sweepers’
kits to the governor. The reflective
kits will be used by the beneficiaries
engaged by the state government to
clean various highways and major
streets in the state.
It would be recalled that
Mr. Atilola, at the signing of a
Memorandum of Understanding,
MoU, between the Bank and
the authorities of the College,
assured that the project would be
completed in record time.
Disclosing that the e-library
was equipped with 80 computers,
three servers and fibre optic
cabling to provide power, he
added that the Bank would
subscribe for education materials
on behalf of the school locally and
internationally on an annual basis.
“This is to ensure that the students
have access to updated materials to
develop their academic career”, he
explained.
His words: “Sterling Bank is
known for innovation in several
areas. As it concerns Education
which has become the major focus
of the Bank, we believe our business
is to enrich lives in innovative
ways. When you invest in people,
especially young people, you are
enriching their lives and they will
illicit use of their vessel. This led
some owners to reject pending
bookings.
“Please be informed we expect
LPG & Products ship owners
to sign the NNPC LoC for any
future Shell loading voyages,”
the email said, referring to
liquefied petroleum gas.
“Shell (is) putting (its)
reputation on the table that
warrants the cargo is NOT
stolen and this should remove
any concerns ship-owners have
around bad title down the oil
chain,” the email said.
Shell said it was looking to
mitigate any negative impact
that the requirement to provide
the letter might have.
“What we are doing is to ensure
that our business is not adversely
affected by working with our
own vessel owners to provide
this letter in the legal language
that everyone can live with,” Shell
Nigeria country chair Osagie
Okunbor said at a press briefing
last week.
Traders said the email showed
that oil companies, trading houses
and tanker owners were ensuring
actions taken by Nigeria to prevent
oil theft did not affect the market.
They said other companies and
trading houses had drafted similar
letters to ensure trading continued
without disruption.
in turn enrich the society.”
On the Bank’s choice of the e-library
project, he cited the need for private
sector participation in education
based on research. “Research shows
that Nigeria needs one billion
dollars investment annually for the
education sector to be at par with the
least developed country in advanced
nations”.
The Sterling bank’s chief strategist
was optimistic that this project and
other investments in the education
sector will lay a solid foundation
for education and technology
development in the country.
In her earlier remarks, the Provost
of the institution, Prof Mrs. Francisca
Aladejana, commended the bank
for supporting the development of
education in the country and for
the provision of the e-library for the
institution.
She opined that with the support
that the bank has offered the school,
“we are confident that we will soon
become a reference knowledge based
educational institution in the country


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