August 4, 2025
General

Ogun State Government Urges Financial Institutions to Deepen CSR Commitment, Lauds Premium Trust Bank’s Investment in Youth and Sports

The Ogun State Government has renewed its call for stronger collaboration with financial institutions and corporate organizations operating within the state, emphasizing that their contributions should go beyond profit-making to include impactful social interventions. Speaking during the official commissioning of Premium Trust Bank’s new branch in Abeokuta, government officials praised the bank for its proactive approach to Corporate Social Responsibility (CSR), describing it as a model for others to follow.

According to the state’s leadership, the relevance of both government and business entities should be measured not solely by economic success, but by the tangible improvements they help bring to the lives of citizens. The presence of Premium Trust Bank, they noted, is already making a visible difference through its robust support for youth development and sports promotion in the state.

Premium Trust Bank was recognized as the lead sponsor of the Gateway Games and for its notable support during the last National Sports Festival—an involvement the state commended as a bold statement of corporate responsibility. Such investments, the government stated, align well with the broader goals of Ogun State under the ISEYA development agenda, which focuses on Infrastructure, Social Welfare and Wellbeing, Education, Youth Empowerment, and Agriculture.

The government reiterated that CSR should be embedded into the core of institutional operations, with deliberate efforts to invest in education, healthcare, environmental sustainability, and enterprise development. These areas, it emphasized, are key to achieving equitable growth and bridging the urban-rural divide across the state.

With the entry of credible investors like Premium Trust Bank, Ogun State says it is experiencing a fresh wave of economic vibrancy—one that reflects the administration’s vision for inclusive and sustainable development. The government expressed optimism that more private-sector players will take cues from such partnerships and contribute meaningfully to the state’s socio-economic transformation.

In closing, the state reaffirmed its commitment to creating an enabling environment for businesses to thrive, while urging institutions to remain active participants in building a future-ready Ogun State—together with the people, for the people.