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Lagos
October 24, 2026
The Industry
Stanbic IBTC
CSR/CSI

Stanbic IBTC supports flood victims with N20m in 5 states

Stanbic IBTC Holdings, a member of the Standard Bank Group has made donations of non-food relief items worth N20 million to 650 families.

The donations were made in support of the Nigerian government’s efforts to provide relief to victims of the recent flood disaster that had affected Kogi, Anambra, Delta, Bayelsa and Rivers States.

Dr Demola Sogunle, Chief Executive of Stanbic IBTC Holdings, stated that the donations were in response to the humanitarian crisis caused by floods in some parts of the country.

The relief items which included mattresses, pillows, mosquito nets, blankets, buckets, and bowls were presented to the representatives of the state governors.

The Chief Executive expressed that Stanbic IBTC commiserates with the people and the governments of Kogi, Anambra, Delta, Bayelsa and Rivers states on the loss of human lives and properties.

He added that; “As an organisation that prides itself on driving corporate social responsibility interventions, we were concerned about the negative impact of the floods on the socio-economic activities in the states.”

“Our aid program was aimed at supporting displaced persons in IDP camps with women and children being the most vulnerable, thus, we provided them with relief goods that will prepare them for their return home.”

The support from Stanbic IBTC support came as the Federal Government had said that the floods had affected over 3 million people.


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