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First Inland's education development initiative commended

Posted by By Agency reporter on 2008/07/21 | Views: 581 |

First Inland's education development initiative commended


Governor Peter Obi of Anambra State has lauded First Inland Bank Plc's initiative in education development.

Governor Peter Obi of Anambra State has lauded First Inland Bank Plc's initiative in education development.

A statement by the bank on Saturday said he commended First Inland on Friday, while laying the foundation for the ultra-modern hostel complex being constructed by the bank for St. Charles College, Onitsha.

The statement quoted Obi as saying that the bank's gesture was a welcome development and had made good his promise to students of St. Charles College that a new hostel would be built to replace the old hostel structure, which was razed in February this year.

He commended the bank for its pioneering role in facilitating the Public/Private Sector Partnership initiative in Anambra State's education sector.

According to the statement, Obi enjoined other corporate organisations to emulate the example of First Inland Bank by identifying with the state government's priority areas as articulated in the Anambra Integrated Development Strategy.

The Managing Director/Chief Executive Officer of the bank, Mr. Okey Nwosu, was quoted as saying that the bank's corporate social responsibility initiative in education was informed by the fact that the education system held the key to the country's economic growth.

He reiterated the bank's commitment to replicating similar projects in all the senatorial districts in the state, adding that a sound education system would guarantee the growth of the country and the success of the Nigerian people in today's competitive world.

Nwosu commended Obi's administration for providing the enabling environment for corporate organisations to thrive, to be able to give back to the society, the statement said.

It quoted the State Commissioner for Education, Dr. Kay Onyechi, as saying that the bank's initiative was a practical demonstration of serious private sector resolve to partner with the state government, adding that it was the first bank to embark on such project in the state.

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