Economics

With CSR programs, Fidelity Bank improves well-being of host communities

Fidelity Bank Plc, Nigeria’s largest financial institution has launched CSR initiatives in the three South-Western states of Oyo, Ondo, and Ekiti, as well as Kwara State. 

With its multiple CSR programs, Fidelity Bank is quickly establishing a reputation as a people-friendly organization. 

The bank finished the rehabilitation of a basic health care center and a block of classrooms in the Southeast and Southwest areas of Nigeria, respectively, earlier in 2021.  

On Thursday, December 30 and Friday, December 31, 2021, the projects, which include the provision of maternal and healthcare materials for hospitals, the renovation and furnishing of a juvenile correctional facility, and the provision of computers for secondary and tertiary institutions, were officially inaugurated. 

Mrs. Nneka Onyeali-Ikpe, Managing Director/CEO of Fidelity Bank Plc, explained that the projects were implemented in order to achieve the Bank’s CSR objectives, which are concentrated on the environment, education, health/social welfare, and youth empowerment.  

“These projects, which are in line with the United Nations Sustainable Development Goals (SDG) Nos. 3 – Good Health and Well-being, and 4 – Quality Education,demonstrate our corporate belief that profits should not only be measured in naira but also in terms of the wellbeing of our host communities.” Says Onyeali-Ikpe. 

“That is why we are always on the lookout for ways to improve the lives of people in the communities where we conduct business.”  

The Oyo State governor, Seyi Makinde, who was represented by the Permanent Secretary, Ministry of Women Affairs and Social Inclusion, Mrs. Christiana Abioye, thanked Fidelity Bank for the intervention at the official handover of the renovated boys’ hostel and administrative block facilities of the Oyo State Juvenile Correctional Institution/Child Care Unit, Ijokodo, Ibadan. 

“The Oyo state government has been able to reach out to many individuals, organizations, and corporate groups to partner with it in the achievement of these mandates through the running of an open and sincere administration in its drive to deliver a number of people-oriented and social services to the state’s teeming population.”  

“I am pleased that the management of this financial institution was able to take advantage of one of the many opportunities provided by this administration to discharge its Corporate Social Responsibility in the state, particularly in this very special welfare institution,” Governor Seyi Makinde said. 

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