Polaris Bank Donates N5million To Support Kwara State Polytechnic's Distance Learning - THE ENCOUNTER NEWS


Friday, February 18, 2022

Polaris Bank Donates N5million To Support Kwara State Polytechnic's Distance Learning


ILORIN - Polaris Bank Limited has reiterated its commitment to improving the standard of education in Nigeria through its Corporate Social Responsibility interventions. 

The Bank committed in Ilorin, Kwara state capital on Tuesday at the presentation of a cheque of N5million to support the management of Kwara State Polytechnic, Ilorin, for the take-off of the Open Distance Learning project of the Polytechnic. 

Polaris Bank's Group Head, South West, Dr. Bimbo Akorede stated that the Bank's gesture was meant to give back to the institution in line with one of its CSR strategic pillars of Education and also to cement the partnerships between the two organizations.  

Dr. Akorede stated that the development would also assist the Polytechnic to add more value to the quality of education of the students of the institution. 

The Regional Boss of the Bank further explained that "the Bank in its efforts to fulfill its Corporate Social Responsibility mandate in the communities where it operates, has seen many institutions of higher learning being a beneficiary of such gesture in moving the nation’s tertiary institutions forward. 

According to him, "Today,  Polaris Bank has over 250 branches that cut across the 6 geopolitical zones and the 36 states of the federation. 

"We pride ourselves in the offering of excellent customer experience which we do majorly, based on our people-friendly service delivery and investment in ICT to ensure that our customers experience seamless transactions in all our touch points". 

Dr. Akorede who represented Polaris Bank's Managing Director/CEO, Mr. Innocent C.Ike said, "Today, in adherence to Sustainable Development Goals and especially goal number 4, quality education for all and every place or environment we find ourselves, we always like to give back to the society, especially for institutions like Kwara Polytechnic". 

In his word: "What we are doing today, we have done similar things and more across higher institutions of learning in Nigeria. We are proud to mention one or two we did in Nigeria. We did for the University of Maiduguri, we did our CSR to the University of Ibadan, Ladoke Akintola University of Technology (LAUTEC) Ogbomoso, Obafemi Awolowo University (OAU), and Lagos University Teaching Hospital (LUTH). 

"In the University of Ilorin, we partnered with the University on the provision of multi-functional cards to all the students. In 2018, a student of the school won an N5million for her educational support and this we did at Polaris Bank. 

He noted that "Again, we look at this gesture for the long term benefit, CSR is not just coming to an environment to take profit and be selfish in that environment, No, we want to give back in our little way towards the Sustainability of the environment and give back to the people and also contribute meaningfully to the planet. 

In his response, Rector of Kwara State Polytechnic, Ilorin, Dr. Abduljimoh Muhammed commended Polaris Bank limited for its assistance towards the completion of a befitting Computer-Based Centre (CBC) for the institution and urged the Bank to do more to ensure the realization of the project. 

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