Banking Briefs
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GOVERNORS of Plateau, Bauchi and Gombe states, Simon Lalong, Mohammed Abdullahi Abubakar and Ibrahim Hassan Dankwambo 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, has 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 organised by it 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 recently 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 15 northern states with various degree of impact.
The Plateau State governor, who was represented by Lynda Shekinah State’s commissioner for Agriculture, commended the bank for coming up with the initiative, which according to her, remains 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.
— Sep 12, 2016 @ 01:00 GMT
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