AltBank, Sterling One Foundation, Lagos Foodbank combat hunger, champion education

Sahara Weekly Reports That The Alternative Bank Limited (AltBank) has announced a strategic collaboration with FoodBank and Sterling One Foundation to raise approximately N20 million in support of hunger alleviation and educational initiatives. This initiative aligns with the theme of the African Union Summit 2024, “Educate and Skill Africa for the 21st Century.”

Hassan Yusuf, the Managing Director of The Alternative Bank, unveiled this plan in a press release, highlighting the forthcoming AltWalk event as a pivotal fundraising platform.

“Through this initiative, we aim to mobilize contributions from both internal and external stakeholders, reaffirming our commitment to education and societal welfare,” stated Hassan.

The fundraising campaign aims to secure N20 million, with the proceeds serving dual purposes: providing meals for underserved communities and orphanages through the Lagos FoodBank initiative and delivering quality educational support via Sterling One Foundation.

This campaign targets individuals, families, businesses, and organizations committed to ending hunger, improving education, fostering healthy living, and positively impacting society. Prospective donors are encouraged to contribute through https://altbank.ng/walk/.

Stakeholder participation and donations are poised to substantially impact critical social issues, including hunger reduction, enhanced education, and healthier lifestyles.

Yusuf emphasized AltBank’s dedication to empowering customers through innovative solutions in health, food security, and education, positioning them for success in the 21st century. He stressed that education is central to the bank’s mission of bolstering the economy and enhancing financial well-being across society.

AltBank, Nigeria’s most recent entrant into the financial services sector, made a grand entrance with simultaneous launch events in Lagos, Abuja, and Kano, marking the country’s first multi-city brand launch. As the ethical banking arm of Sterling Financial Holdings, The Alternative Bank originated in 2014 as Sterling Alternative Finance under Sterling Bank Plc’s non-interest banking license. It has since evolved into a prominent player in Nigeria’s non-interest banking sector.

About Lagos FoodBank

Lagos Food Bank is a non-profit, nutrition-focused initiative committed to fighting hunger, reducing food waste, and addressing malnutrition through targeted programs. Their initiatives aim to improve the nutrition and food intake of vulnerable populations, including children, pregnant women, lactating mothers, seniors, and impoverished families.

About Sterling One Foundation

The Sterling One Foundation catalyzes positive social impact across critical sectors of the Nigerian economy. Motivated by the distinct challenges faced by millions of Africans, the foundation aims to achieve Sustainable Development Goals (SDGs), capitalize on the demographic dividend, and improve the standard of living for underserved communities. Through stakeholder-driven interventions, it focuses on employability, sustainability, wealth creation, socioeconomic development, and national progress.Inline image

Photos: Excitement As Ireland Based Group Donates Borehole To Community In Ogun

In its bids to tackle the challenge of portable water in Abeokuta, the Ogun state capital, a Republic of Ireland based group, the Association of Ogun Indigenes in Ireland, AOSI has inaugurated a borehole project for the community.

The Association also provided a power generating sets to power the borehole.

Speaking at the inauguration of the borehole, the President Mr Alani Idowu noted that the project would address the challenge of hygienic water the community is facing over the years.

Mr Idowu added that Association of Ogun Indigenes in Ireland, AOSI is committed to supporting the government through its Corporate Social Responsibility Initiatives.

The community in their response expressed appreciation to the kind gesture of the association for deeming it fit to come to the aid of the community, relating how tough it had been to have access to hygienic water in the area.

ANA Blasts Wike for forcefully taking over ICC L, Says He’s Pitching Tinubu’s Administration Against Citizens

A Northern group under the auspices of Arewa New Agenda (ANA) blasted the Minister of the Federal Capital Territory (FCT), Barrister Nyesome Wike as an intruder who is having vested interest in the political space of 2027.

The group said the dictatorial nature of Tinubu shown today with forceful takeover of International conference center (ICC) which is under the management of their leader, Sen. Ahmad Abubakar MoAllahyidi and incidentally is the Managing Director of Integrated Facility Management Services Ltd (IFMSL) – the contracting firm managing ICC was a pure disgrace of the tenets of democracy.

The group in a press conference in Abuja cautioned President Bola Ahmed Tinubu to be wary about his political maneuvers that is pitching a tent of political allies to work against him.

Prof Usman A. K, ANA’s Deputy Chairman addressed journalists on behalf of the group and reiterated that Wike is depicting the government of Tinubu in bad light and creating confusion where none exists.

According to him Minister Wike is an unrepentant member of the PDP who placed a curse on himself should he leave the PDP.

” Being in the main opposition party, he might as a presidential candidate of his party, be pitched against Tinubu in the 2027 presidential election. Undermining the Tinubu administration the way he is currently doing therefore would, in such scenario, serve him well.”

Usman described the administration of the FCT Minister as a Nepotism as a “Knight in Shining Armor”: Minister Wike’s Naked Dance in the Village Square.

He said ANA is known with a routine public engagement in support of the Tinubu Administration- going back several months before, during and after the 2023 Presidential election.

But he however said today’s press conference is caused by a worrisome dimension that crept into the body-politic of the Tinubu administration and is eating deep like a cankerworm into the fabric of the nation destroying trust between the people and the APC led Federal Government.

The statement of the press conference reads as follows:

“The name Nyesom Wike has become synonymous with controversy and un-guarded pronouncements not-minding whose ox is gored and what the larger consequences may be. This summarizes the character of the person who sits as the Minister of the FCT in the current administration. As an outsider in government, ordinarily this man should have been the humblest man in this government with a pleasant disposition and kind words. This unfortunately is not the case. The case is that Wike is projecting himself as the lord of the manor and a knight in a shining armour driven by nepotism, conceitedness and narcissistic posturing.

“The Arewa New Agenda is not new to you gentlemen of the press. You will recall that long before the electioneering process for the 2023 general election took firm roots, ANA, in the spirit of fairness, has been in the forefront of projecting northern values of fairness, trust and friendship and rallying support of northern Nigeria for Tinubu. Data from the last six election cycles indicates that the north control 73% of votes that makes anyone President in Nigeria. Arewa New Agenda helped in getting majority of these votes for president Bola Ahmed Tinubu in the last Presidential election in the country.

ANA is on record to have convened series of dialogue sessions to support key policies of the Tinubu Administration such as poverty reduction, peace and peaceful coexistence, removal of oil subsidy and benefits of the renewed hope agenda.

“ANA has been engaged in the support and promotion of good policies and actions of the Tinubu Administration under the leadership of our convener, Sen. Ahmad Abubakar MoAllahyidi who incidentally is the MD of Integrated Facility Management Services Ltd (IFMSL) – the contracting firm managing the International Conference Center in Abuja (The ICC).

“The minister of the FCT, in his usual element, recently took to the media saying he has revoked the management contract of the ICC and threatened to shut it down. This action of the minister is irregular, devoid of due process and without regard for fair hearing.

Minister Wike in purporting to terminate the management contract between IFMSL and Abuja Investments Company Limited (AICL) exhibits ignorance of what the ICC as a global standard Event Centre stands for. The ICC is the No. 1 event center in Nigeria. It is the go-to venue for international organizations having events in Nigeria. At the time of Wike’s purported revocation of Integrated Facility Managers management contract of the ICC, a number of international organizations have booked the ICC for their events. These bookings are for the whole year ending December 2024. The threat of the Minister to close down the ICC has impacted negatively on these bookings which are third-party contracts with clients locally and internationally. The threat also hampers international business; drives away foreign investment and kills growth and business prospects at a time the country needs these the most.

It is worth noting that the facility managers of the ICC – Integrated Facility Management Services Ltd, has remolded the ICC to meet global standards. By IFMSL remolding of the ICC, the Centre is now a flexible venue that can be customized to client’s specifications. The facility depicts opulence and refined aesthetics of the modern world.

“In the circumstance, it is very distressing hearing Wike saying he is going to renovate the ICC when no assessment has been carried out and no performance audit has been done in the ICC. As it stands today, the ICC is in its best form delivering first class and five-star services to its clients. To embark on a so-called renovation at this time is to engage in a wasteful exercise. If it is not broken, why mend it?

“We hasten to state that the ICC is managed by Integrated facility managers under a subsisting management contract with Abuja Investment Company ltd, that has provisions on how the contract could be terminated. Without recourse to the management contract provisions on termination, the FCT Minister took to the air announcing he has terminated the contract. This action of the minister is irregular, against fair hearing and the rule of law and unhelpful to the Tinubu administration. Simple: The FCT Minister cannot do what he is threatening to do because it is against the law, fair dealings and has no place in governance and service delivery.

The FCT Minister’s despotic and nepotic profiling of the north, going after the businesses and social interest of individuals and groups that are Bonafede APC members is unhelpful to the Tinubu administration and paints the picture of one undermining his master in a veiled effort to feather his political nest against 2027.

“By his actions, Minister Wike is pitching the Tinubu administration against Nigerian citizens by depicting the government in bad light and creating confusion where none exists. Minister Wike is an unrepentant member of the PDP who placed a curse on himself should he leave the PDP. Being in the main opposition party, he might as a presidential candidate of his party, be pitched against Tinubu in the 2027 presidential election. Undermining the Tinubu administration the way he is currently doing therefore would, in such scenario, serve him well.

“By this we will go any length to seek for justice and fight for our rights. We are party men and women who supported this government against all odds yet what we see now is a show of hatred for those that love Tinubu and our Great. We can’t accept these charades.