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Developing Nigeria’s Economy: Experts Highlight Crucial Role of Corporate Philanthropy

Experts have emphasized the vital role of corporate philanthropy and impact investing in driving Nigeria’s economic development.

At a recent webinar titled “Stimulating Corporate Philanthropy and Impact Investing for Job Creation in Nigeria,” stakeholders from the public and private sectors discussed strategies to leverage these initiatives for sustainable growth.

Thelma Ekiyor-Solanke, Chairperson of the Nigeria Office for Philanthropy and Impact Investing (NPO), highlighted the importance of sharing best practices to drive positive societal change through corporate giving.

Keynote Speaker Bimbo Ashiru, Chairman of Odua Investment Company, showcased how philanthropic investments can empower youth and address critical societal challenges.

Gabriel Idahosa, President of the Lagos Chamber of Commerce and Industry (LCCI), stressed the need for aligning philanthropic efforts with business objectives to drive economic growth and profitability.

Etemore Glover, CEO of Impact Investors Foundation, emphasized the importance of inclusive investment and development to address Nigeria’s developmental issues.

The panel discussion featuring industry experts underscored the significance of partnerships between the private sector, government, and non-profit organizations in maximizing the impact of philanthropic initiatives.

They also highlighted the potential of innovative financing models that combine philanthropy with impact investments to create sustainable job creation programs.

The NPO and its partners are dedicated to promoting corporate philanthropy and impact investing to build a more inclusive and prosperous society for all.

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