Posted on: Mon 29-07-2024

Sterling One Foundation and other partners at the 2014 Africa Social Impact Summit, ASIS, have called for more collaboration by both private and public sectors to boost investment in critical areas that would lead to development of the nation.

The Chief Executive Officer, Sterling One Foundation, Olapeju Ibekwe, said over N3billion has been invested to revitalise 50 Primary Healthcare Centres (PHCs) across the country following the partnership between MTN Foundation and Private Sector Health Alliance of Nigeria, PSHAN.

Speaking at the 2024 ASIS she stated: “Just one or two examples of investments that I will give. One is a partnership between the MTN Foundation and PSHAN.

”After the last summit in 2023 between then and now, over 3 billion naira has been invested into over 50 PHCs across Nigeria and that’s just one from the deal room. The second investment was more of just the startups they gulped $1 million. I’m just citing those two examples because we have so many numerous examples.”

She said: “There is need for more collaboration among the private sector partners, public sector and participants.  

Speaking as well, Chief Executive Officer, Sterling Bank Plc, Abubakar Suleiman, said: “There is need for more collaborations to boost our nation. We were funding this alone when we started this summit but now, I can see many have joined. There is something for everyone when it comes to business; when it comes to the economy, there are lots of markets. And we’ve seen the efficiency when it works well. When it comes to social impact, everyone is in isolation”.

In his remark, Weert Borner, German Consul General, Lagos, said: “We acknowledged the challenges in achieving Social Development Goals, SDGs, but German is dedicated to achieving them. We have German companies here and we seek for more collaboration to boost investment in Nigeria.”

SOURCE: VANGUARD NEWSPAPER

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