Stanbic IBTC - Promoting development goals through educational empowerment

Stanbic IBTC - Promoting development goals through educational empowerment

Every country's future is its younger generation, and one of the most critical investments remains the quality of education provided for them. Nigeria faces immense challenges in providing citizens with access to quality education. This scenario has primarily impacted the ability of many students to receive a proper education that will prepare them for the leadership tasks ahead.

Furthermore, inadequate digital literacy and technological integration have left numerous students ill-equipped for the modern world. This was manifestly evident in Nigeria's last Unified Tertiary Matriculation Examination (UTME), which is now computer-based. According to the statistics from the 2024 results, out of 1,904,189 candidates who sat for the exams, 1,402,490 (73.7%) students scored below 200 (50%).

Stanbic IBTC - Promoting development goals through educational empowerment

Understanding the situation and the magnitude of the challenge, which necessitates collaborative efforts from various sectors, including the private sector, to achieve meaningful progress, Stanbic IBTC Holdings has emerged as a beacon of hope through its ‘"Adopt-A-School’" initiative structured by its Social, Environmental, and Economic (SEE) framework.

Stanbic IBTC embarked on this laudable mission to complement the government’s efforts to upgrade educational facilities, foster digital literacy, and provide a conducive learning environment for students, ultimately contributing to the nation's developmental goals.

Through this initiative, Stanbic IBTC adopted four schools (with more to join) in Borno, Akwa Ibom, Sokoto, and Ekiti States;, renovating classrooms, providing essential classroom furniture, and installing modern computer laboratories. Additionally, the company has invested in recreational facilities, tree-planting efforts, and sustainable construction practices;, promoting physical activity, environmental sustainability, and climate resilience.

The scope of the ‘"Adopt-A-School’" initiative is comprehensive, addressing various aspects of the educational ecosystem. From renovating classrooms and administrative offices to providing essential classroom furniture, Stanbic IBTC has ensured students and faculty have access to comfortable and conducive learning environments. Moreover, installing computer laboratories fosters digital literacy; equipping students with the skills necessary to thrive in an increasingly tech-driven world.

Recognising the importance of holistic development, Stanbic IBTC has also invested in recreational facilities, creating playgrounds and optimising play areas to promote physical activity and overall well-being. Furthermore, the initiative extends beyond the confines of the school, with tree-planting efforts aimed at combating climate change, promoting biodiversity, and improving air quality in the surrounding communities.

Stanbic IBTC further showcased its commitment to sustainable construction practices by prioritising passive cooling and ventilation techniques, water conservation through rainwater harvesting, construction of water-efficient plumbing systems, and installing energy-efficient appliances and lighting solutions in the facilities. The company also prioritised the sustainable use of local resources to minimise emissions from transportation and support local economies. Skills development was integral, with the deployment and training of local artisans for ongoing infrastructure maintenance. It further integrated climate-adaptive landscaping, ensuring resilience against climate change.

The "Adopt-A-School" programme has a far-reaching impact, benefiting the 81,000 students directly enrolled in the adopted schools and the broader communities.

Stanbic IBTC's efforts align seamlessly with the government's developmental policies and the United Nations Sustainable Development Goal (SDG) initiatives, reinforcing the importance of education, environmental awareness, and protection as a catalyst for social and economic transformation.

The program is a shining example of a corporate initiative that directly supports the United Nations' Sustainable Development Goal 4 (SDG 4), which aims to "ensure inclusive and equitable quality education and promote lifelong learning opportunities for all.

The project's delivery through direct labour further aligns with the SDG, which aims to "substantially increase the number of youth and adults who have relevant skills, including technical and vocational skills, for employment, decent jobs, and entrepreneurship" by 2030.

Indeed, Stanbic IBTC's "Adopt-A-School" initiative has ventured beyond merely providing educational resources; its holistic approach empowers communities, promotes sustainable development, creates jobs and nurtures the next generation of leaders.

As the company continues to lead the way in its contribution as a responsible corporate citizen in support of public sector efforts, the impact is expected to help change the narrative in the educational sector and provide a surer footing for the leaders of tomorrow to tackle the leadership tasks that lie ahead of them, this will ensure that Nigeria is not relegated from the league of development and advancement in all indices of growth.



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