First Bank Sustainability Centre in partnership with the Lagos Business School is set to host a Sustainable Financial Strategy Workshop for NGOs at the Lagos Business School on June 14, 2017, from 9:30am to 12:45pm.
The workshop is designed to bring together NGOs and Funding Organizations, with the intention of enhancing NGOs understanding of implementing internal and external sustainable funding mechanism for the financial sustainability of their entire operations.
Folake Ani-Mumuney, Group Head, Marketing and Corporate Communications for First Bank, stated that the Bank would continue to foster partnerships that build sustainable businesses, given that NGOs, in collaboration with governments, have a significant role to play in improving the status of communities.
“We will continue in our long standing commitment as a nation builder to empower NGOs with requisite knowledge and skills in building vibrant partnerships as they support government initiatives in the provision of much needed succour,” Ani-Mumuney said.
The workshop is expected to attract aspiring NGOs, Donor agencies and Corporate Foundations; it is also aimed at helping NGOs understand how to foster inclusive partnership with Funding Organizations as a strategic imperative for developing the external component of their sustainable financial strategy.
In emerging economies around the world, NGOs exist to address societal problems- poverty, poor education, deprivation and poor healthcare services. As much as this responsibility is well embedded in the development and formation of NGOs in Nigeria, there are still issues around how these problems can be sustainably addressed through NGOs with the main question revolving around funding.
The Sustainability workshops for NGOs is a Corporate Responsibility and Sustainability initiative of the First Bank Sustainability Centre, established in collaboration with the Lagos Business School to create, disseminate and apply knowledge, build capacity and promote best practice in Sustainability business in Nigeria.
