Business

Wema Bank partners Lagos on education

Wema Bank Plc has partnered Lagos State Universal Basic Education Board (LASUBEB) to fund education for out-of-school children. According to a statement from the bank, the initiative which is tagged Project Zero is a multi-partner initiative to tackle and cater to out of school children.

Due to the COVID-19, various sectors of the economy have been severely affected and this has led to loss of income and livelihood to numerous parents and guardians of a lot of these children/wards.

The initiative aims to provide starter kits to encourage out of school children to get back to school and resume academic activities. Speaking during the programme, Mr Wole Ajimisinmi, Executive Director, Lagos Bank, Wema Bank, said: “The Project Zero initiative is in line with one of our Corporate Social Investments (CSI) Pillars; Education. “Undoubtedly, COVID-19 has further widened the gap of the number of Out of School Children in Lagos State.

Wema Bank is proud to be associated with this initiative as we believe in the LASUBEB mantra that no child should be left behind.” Hon Sijuade Idowu- Tiamiyu, Board member, Social Mobilization department, LASUBEB, said: “I salute the commitment and good-intent of all stakeholders in the birth of this project and I am confident that together we can solve the social menace of child illiteracy and put our dear children in Lagos state who are for various reasons despite continuous counter-efforts by the government out-of-school back to school

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