24th NES: Stanbic IBTC underlines support for diligent implementation of public policy

Must Read

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to...

List of Guaranty Trust Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...
- Advertisement -

Regardless of how robust a policy framework may be, it requires diligent execution, which is backed by strict adherence to corporate governance, to achieve its desired objectives. This was the submission of Stanbic IBTC as Nigeria seeks approaches to unlock its potential and navigate the economy towards sustainable growth and development.

As economic growth is driven by consistent investment and increase in productive outputs, the financial institution said it is committed to supporting Nigeria to actualize her developmental aspirations through interventions and partnerships in critical sectors of the economy.

24th NES: Stanbic IBTC underlines support for diligent implementation of public policy - Brand Spur
L-R: Chief Executive, Stanbic IBTC Trustees Ltd, Mrs. Binta Max-Gbinije; Minister of Labour and Productivity, Dr Chris Ngige; Minister of Budget and Planning,Senator Udoh Udoma; and Vice President, Federal Republic of Nigeria, Prof. Yemi Osinbajo; during the opening ceremony of the 24th Nigerian Economic Summit in Abuja on Monday, October 22, 2018, Brand Spur Nigeria.

On the sidelines of the 24th Nigerian Economic Summit, which held in Abuja between October 22 and 23, the bank avers that by examining the disconnect between policy formulation and implementation, chances of finding solutions to trigger socio-economic development in Nigeria are brighter.

- Advertisement -

Underpinning this year’s summit theme, “Poverty to Prosperity: Making Governance and Institutions to work”, is a push for permanent structural changes that would unlock Nigeria’s capacity to attain her potential, a mission which the Stanbic IBTC Group shares.

24th NES: Stanbic IBTC underlines support for diligent implementation of public policy - Brand Spur

Stanbic IBTC, as part of the Standard Bank Group, Africa’s largest financial services group, is a major stakeholder in the effort to develop the continent. This explains the bank’s focus on critical sectors of the economy, including social interventions that will position the Nigerian economy for sustainable growth and development. Stanbic IBTC’s rich pedigree in Corporate and Investment Banking, Personal and Business Banking and Wealth Management underscores its strategic goals of supporting all segments of society and clientele.

According to Stanbic IBTC, Nigeria’s economic potential is massive and it will continue to seek opportunities in strategic sectors of the economy to grow its business while helping to create sustainable prosperity for the people. “As an institution that is in Nigeria for the long term, we are very committed to helping the country achieve her developmental aspirations. We will continue to identify partnership opportunities towards the attainment of this goal.”

- Advertisement -

The Nigeria Economic Summit, which was initiated in 1993, has become a veritable platform for engagement between the public and private sectors where pressing economic issues and policies are dissected with the aim of proffering solutions to such issues.

It further expressed satisfaction with the strategic intent of the Startup Pitching Events, which was introduced into the Summit programme last year, to empower startups registered in Nigeria through access to opportunities that the summit avails. It would be recalled that Stanbic IBTC Bank has introduced a number of initiatives to empower start-ups and players in the small and medium enterprises segment.

On his part, the Minister of Budget and National Planning, Senator Udoma Udo Udoma, who elaborated on the goals of the Economic Recovery and Growth Plan (ERGP), reiterated that execution priorities must be underpinned by a focus on governance and delivery to realize its objectives.

- Advertisement -
24th NES: Stanbic IBTC underlines support for diligent implementation of public policy - Brand Spur24th NES: Stanbic IBTC underlines support for diligent implementation of public policy - Brand Spur

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

24th NES: Stanbic IBTC underlines support for diligent implementation of public policy - Brand Spur24th NES: Stanbic IBTC underlines support for diligent implementation of public policy - Brand Spur

Latest News

Lafarge Africa Plc. (WAPCO): Basking in Restructuring Gains

First Quarter Performance Overshadows Q2:2020 Slip In the just-released H1:2020 financial scorecard, Lafarge Africa Plc. (WAPCO) recorded a topline growth...

SUNU Assurances reports 30% profit growth to N1.2billion

SUNU Assurances Nigeria Plc has increased its profit by 30% It went up from N914 million in the 2018 financial year to N1.189 billion...

LASG Empowers 1,100 Vulnerable Women, Residents with Working Tools

Lagos State Government today provided economic support in the form of working tools to 1,100 vulnerable women and residents, who have been affected by...

Canon Revolutionizes African Film Industry and Unveils a Knowledge-Sharing program

Canon Central and North Africa (CCNA) a leader in imaging solutions, proudly showcased the compact and versatile 5.9K CCNA next-generation professional Cinema EOS System...

More Dynamic, More Power, More Driving Pleasure: The Audi S3 Sportback and the Audi S3 Sedan

A good 20 years ago, Audi opened up the sporty premium compact market segment with the first S3. Now the brand is presenting the...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -24th NES: Stanbic IBTC underlines support for diligent implementation of public policy - Brand Spur24th NES: Stanbic IBTC underlines support for diligent implementation of public policy - Brand Spur