Saturday 25th March, 2017
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Sterling Bank commits over N500m to environmental sustainability

Sterling Bank commits over N500m to environmental sustainability

Concerned with the current poor state of the environment and its impact on the health of Nigerians, Sterling Bank Plc has committed over N500 million to various activities under its Sterling Environmental Make-Over (STEM) social responsibility initiative in the last five years.
 
The Managing Director and Chief Executive of Sterling Bank Plc, Mr. Yemi Adeola who revealed this in Lagos said the activities include partnership with agencies responsible for waste management in 14 states of the country, tree planting and the national cleaning exercise.
 
Adeola explained that the bank decided to collaborate with celebrities to connect with their audiences. Many of whom he said have become inspirational figures to a lot of people.
 
He noted that the partnership with Funke Akindele-Bello at the Oyingbo cleaning exercise was informed by her unique character and passion for promoting cleanliness and a sustainable environment as she has impacted several lives.
 
“Getting her on board was very apt because she believes strongly in what we are doing and what we stand for.”
 
His words: “STEM is an initiative which started eight years ago, and essentially covers all the programmes which Sterling Bank runs geared towards caring for our environment. So far, about half a billion naira has been invested in this initiative.
 
“When STEM started, the primary focus was the kitting of highway managers and sweepers in the employment of the Lagos State Waste Management Agency (LAWMA). Asides Lagos, we have extended this partnership to 14 other states in the country. We give 25,000 units of the uniforms to LAWMA on a yearly basis. This has been beneficial to sweepers, as the reflective uniforms are seen from a distance by motorists and gives a sense of identity to the sweepers and highway managers.

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