{"id":9018,"date":"2016-10-14T17:14:11","date_gmt":"2016-10-14T16:14:11","guid":{"rendered":"http:\/\/nationalwire.com.ng\/?p=9018"},"modified":"2016-10-14T17:14:11","modified_gmt":"2016-10-14T16:14:11","slug":"wema-bank-donates-n20m-to-lagos-govt","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/wema-bank-donates-n20m-to-lagos-govt\/","title":{"rendered":"Wema Bank Donates N20m to Lagos govt"},"content":{"rendered":"

\"Segun-Oloketuyi\"<\/a><\/h1>\n

Wema Bank Donates N20m to Lagos govt<\/h1>\n

As part of its social responsibility policy, Wema Bank has provided N221 million financial assistance to Lagos State Government to deliver world class archival service to transform record management in the state high courts.<\/p>\n

According to the bank\u2019s Managing Director, Mr. Segun Oloketuyi, in a statement on Friday, said that N20m of the package was a donation from the bank to the project, while the remaining N201m was a loan.<\/p>\n

An agency report quoted Oloketuyi as saying that the bank had also granted N201 million loan facilities to the state government to finance the project tagged: the Lagos Archives and Property Litigation Registry.<\/p>\n

LAPLR is a joint venture of the Lagos State Judiciary and the Justice Research Institute Ltd., a private limited liability company.<\/p>\n

Oloketuyi said that the aim of the funding was to have a credible source of information, especially on land and property matters in the state high courts.<\/p>\n

He said, \u201cWe (bank) lent our support in two ways, corporate social responsibility was part of the financing; it wasn\u2019t just loans.<\/p>\n

\u201cWe did this as a push for the company handling this project in partnership with the Lagos judiciary on the need to create value.<\/p>

\r\n
Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

\u201cWhen the project was conceived and the bank was contacted for financing, we contributed some ideas which were also brought into the picture to ensure the success of the project.<\/p>\n

\u201cThe aim of the financing is to be in tune with global best practices and the next step will be to digitalise the records.<\/p>\n

\u201cThat way, anyone who needs information can access it from the comfort of their offices.\u201d<\/p>\n

the Acting Chief Executive Officer of Lagos Archives and Property Litigation Registry Ltd., Mr. Toibudeen Oduniyi, was quoted as saying the vision of the project was to secure easy and timeless access to information.<\/p>\n

Oduniyi said that the project marked the beginning of a digitized, sound, secure and user-friendly archival and document-retrieval structure for Lagos State High Court Registry.<\/p>\n","protected":false},"excerpt":{"rendered":"

Wema Bank Donates N20m to Lagos govt As part of its social responsibility policy, Wema Bank has provided N221 million financial assistance to Lagos State Government to deliver world class archival service to transform record management in the state high courts. According to the bank\u2019s Managing Director, Mr. Segun Oloketuyi, in a statement on Friday, …<\/p>\n","protected":false},"author":11,"featured_media":7979,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17,624],"tags":[154,770],"coauthors":[2392,2393],"class_list":["post-9018","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","category-politics","tag-lagos-state","tag-wema"],"yoast_head":"\nWema Bank Donates N20m to Lagos govt - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/wema-bank-donates-n20m-to-lagos-govt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wema Bank Donates N20m to Lagos govt - National Wire\" \/>\n<meta property=\"og:description\" content=\"Wema Bank Donates N20m to Lagos govt As part of its social responsibility policy, Wema Bank has provided N221 million financial assistance to Lagos State Government to deliver world class archival service to transform record management in the state high courts. 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