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Sterling Bank Partners States on CSR

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Sterling Bank - Investors King

The Governors of Plateau, Bauchi and Gombe States, Simon Lalong, Mohammed Abdullahi Abubakar and Ibrahim Hassan Dankwambo respectively have commended Sterling Bank Plc for its role in checkmating desertification experienced in some Northern parts of the country through its tree planting initiative.

Desertification, according to them, had caused a lot of damage to the local economy as it has made farming impossible in affected areas leading to high cost of food items and poor standard of living for the people.

According to a statement from the bank, the governors made these remarks during the tree planting exercise organised by the bank in in the three pilot states at the weekend.

They said the initiative would sustain the environment and checkmate the rising challenges posed by desertification as well as generate the much needed awareness on desertification at local, national and global levels.
The bank last week commenced the pilot stage of the tree planting initiative in three states in Northern Nigeria.

The initiative, according to the bank became imperative as one of the solutions to cushion the effects of desertification in the country, as Nigeria is faced with rapid desert encroachment affecting fifteen northern states with various degree of impact.

The Plateau State Governor who was represented by the State’s Commissioner for Agriculture, Mrs. Lynda Shekinah Barau commended the bank for coming up with the initiative, which according to her, remained the most tested solution to stemming the tide of desertification and is in line with the United Nation’s Sustainable Developmental Goals for environmental preservation.

Similarly, Bauchi State Commissioner for Power, Mines and Environment, Dr. Audu Bogoro, who represented the Bauchi State Governor noted that the bank, with the initiative, has raised the bar in corporate social responsibility.

In Gombe, the State Commissioner for Environment, Abubakar Usman who represented the Governor commended the bank for coming up with the initiative to support state government’s effort to fight desertification.

He added that the state government would also continue to protect indigenous trees and shrub species considered as other veritable solutions.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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