Business Hilights
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Access Bank ups CSR, pledges new male hostel, Zik’s Flats renovation at UNN

The Group Managing Director of Access bank Plc., Mr. Herbert Wigwe has promised to build a new male hostel for the students of University of Nigeria, Nsukka (UNN).

The bank also pledged to renovate the dilapidated Zik’s flats to help solve accommodation problem in the institution.

Besides, the financial institution has also provided financial leverage for indigent students of the University.

The support came in form of special loan facility for indigent students and rare advantage of initial deposit of zero naira as against N2,000 for students of the university who wish to open account with the bank.

Wigwe, an alumnus of the university, made the disclosure in Nsukka on Tuesday while addressing some students at the Princess Alexandra Auditorium of the university.

He explained that whereas only students who had accounts with the bank would benefit from the loan facility, the benefiting students were expected to repay the loan after graduation.

Wigwe added further that “It is only students that opened account with Access Bank that are qualified to benefit from the special loan and other students loan facilities.

“I made the initial account deposit of zero Naira for UNN students against the N2,000 for opening of account on Access bank so that they will bank with us and enjoy many benefits of the  bank.

Business Hilights gathered that Wigwe, who graduated from the UNN, 31 years ago, promised to build a new male hostel for the university as well as renovate the dilapidated Zik’s flats to help solve accommodation problem in the institution.

He said “These gestures are part of my contributions to the institution that moulded me as well as one of the bank’s Corporate Social Responsibility.

“I am always proud to tell people that I am a graduate of UNN because the university is known for academic excellence.

While advising the students to take their studies seriously if they want to make progress in life, he was quick to point out that there was no short-cut to success.

He said “If you want to be successful in life, you must work hard, be focused and shun distractions from any quarter”.

Earlier in his remarks, the Vice-Chancellor of UNN, Prof Benjamin Ozumba thanked Access Bank and Wigwe for his kind gestures to the university describing it as an `eloquent testimony’ that he loved his alma mater.

The VC further noted that “Government alone cannot fund education, what the GMD has done today is to assist government in providing infrastructure to enhance quality education in tertiary institutions”.