Stanbic IBTC advocates collaboration in education sector

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Stanbic IBTC Holdings Plc
Stanbic IBTC Holdings Plc

AS the economy gradually reopens amidst the impact of COVID-19 in the country, Stanbic IBTC Holdings Plc has urged players in the education sector to create and explore possible collaboration opportunities. Education has been one of the sectors severely affected by the coronavirus pandemic. Learning institutions have had to deliver lessons to students with varying levels of success. However, some could not hold due to a lack of infrastructure.

A few of the gaps in the education sector include requisite teachers’ training, lesson delivery, curriculum content, and school infrastructure, and these provide an opportunity for collaboration in the education sector. A statement quoted Remy Osuagwu, executive director, personal and business banking, Stanbic IBTC Bank Plc, to have urged parents/guardians to give their children the best education, which they deserve regardless of the current challenges.

He noted that good education with no financial interruptions is a significant legacy for a child and parents must invest in their wards’ education while kick-starting their financial journey.

“The COVID-19 pandemic was unprecedented, but it has reinforced the need to plan for the future of our children. Early planning helps to take the financial pressure off parents in the years to come; and in times like these, parents must be ready to welcome opportunities that will amplify the value of their children’s education,” he said.

Although some institutions successfully employed technology to make delivery of content through TVs, radios, and WhatsApp groups, infrastructure deficit, and lack of electricity in the country pose a considerable challenge to the efforts being made.

“As a foremost financial institution that understands the importance of protecting a child’s future by saving for their education, the Stanbic IBTC Children Education Savings Scheme – CHESS account enables parents /guardians to set up and manage their child’s account just the way they want,” Osuagwu, said.

– Sept. 11, 2020 @ 14:05 GMT |

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