LOTUS Bank has donated a new 18-seater bus to Yaba College of Technology (Yabatech), Lagos State.
The donation was made alongside other contributions, which included the renovation of Yabatech’s Banking and Finance Department, the provision of office equipment for the department, and the award of cash prizes to the best graduating student and best female student.
Speaking in a statement made available to The Star on Monday, May 22, N500,000 was awarded to the best graduating student, while N350,000 was given to the best female graduating student.
Speaking at the ceremony, the Managing Director of LOTUS Bank, Kafilat Araoye, said a conducive environment and adequate resources are key to achieving growth, productivity, and results, adding that transportation is also important to the operational success of any entity.
Araoye said: “This is an opportunity to give back to our institutions, with these renovations and provisions, we hope it will serve as added resource to improve the productivity and mobility of key stakeholders within the Yaba College of Technology community.
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“We see the prizes to our students as a form of encouragement for them to continue to strive for excellence, success and to embrace equity in banking for sustainability.”
Speaking, the management of Yabatech expressed their gratitude and excitement about the facelift and donations to the Banking and Finance Department, urging Lotus Bank to continue to provide support to their stakeholders and community as they fulfil their corporate social responsibility.
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