Corporate Social Responsibility
Segilola Resources Expands Women and Youth Empowerment in Osun State Communities
Segilola Resources Operating Limited (SROL), a subsidiary of Thor Explorations Ltd and operator of Nigeria’s first commercial gold mine, has expanded its women’s and youth empowerment drive with new scholarships and enterprise support across its host communities.
More than 90 residents from Iperindo, Odo-Ijesha, and Imogbara communities benefited from the company’s 2025 Segilola Women Initiative Programme (SWIP) and Scholarship Scheme, reaffirming SROL’s vision of inclusive growth and sustainable local development.
The award ceremony held at the Iperindo Community New Town Hall drew over 600 attendees, including community leaders, traditional rulers, and state officials.
Why It Matters
Mining has long been a major economic activity in Osun State, but Segilola’s approach distinguishes itself by integrating social development with mineral extraction.
Since launching in 2021, the Segilola Women Initiative Programme has empowered more than 100 women with financial tools and skills to run small businesses.
This year, another 30 women received business machinery such as sewing and stoning machines, digesters, multi-purpose grinders, and deep freezers — part of an effort to help them achieve financial independence.
“Genuine and lasting impact begins with people,” said Madhurii Sarkar-Amoda, SROL’s Community Development and Stakeholder Manager.
“Our initiatives—covering education, enterprise, and opportunity—are designed to build self-reliance and sustainable progress across our host communities.”

Nurturing Future Leaders
The company also awarded 60 scholarships to students from Odo-Ijesha and Imogbara—35 in secondary schools and 25 in tertiary institutions—recognising outstanding academic performance.
Top achievers received laptops and educational materials to enhance their digital learning.
According to community representatives, the scholarship scheme has helped reduce dropout rates and renewed interest in education among rural youths.
“This gesture goes beyond financial help; it inspires our children to dream bigger,” said Chief Gbenga Oladunjoye, the Loyin of Iperindo, at the event.
Beyond Mining: Youth Empowerment and Mobility
In addition to education and entrepreneurship, SROL continues to support youth livelihood programmes.
Through its 2024 Youth Empowerment Transport Scheme, the company donated three minibuses to community members—Lawrence Omole, Tunde Awe, and Olanrewaju Abiodun—to enhance mobility and income generation.
Officials from the Osun State Ministry of Mines, Federal Road Safety Corps, and local monarchs praised the company’s investment model for aligning with Nigeria’s sustainable development goals.
Industry Reactions
Experts in community engagement have commended Segilola’s model for linking mining profits with social capital.
“Corporate social responsibility must go beyond donations,” said Dr. Abiola Salako, a sustainable development expert.
“Segilola’s blend of education and enterprise empowerment is a replicable model for extractive industries in Nigeria.”
What’s Next
Segilola Resources says it plans to scale up its empowerment projects across other host communities, focusing on vocational training and youth digital inclusion.
The company also reaffirmed its commitment to ethical, responsible mining practices that prioritise people and the planet.
Corporate Social Responsibility
Fidelity Bank Food Bank Initiative Reaches 1,000 Displaced Families in Plateau
More than 1,000 internally displaced persons (IDPs) in Plateau State have received food supplies through the Fidelity Food Bank Initiative, as Fidelity Bank Plc expanded its humanitarian support to communities affected by violence and displacement.
The outreach, held in Mangu Local Government Area in partnership with the Plateau State Sustainable Development Goals (SDGs) Office and supported by the ABBASID Charity Foundation, provided essential food items including rice, noodles and tomatoes to families living in temporary camps.
The intervention comes as humanitarian agencies continue to warn about rising food insecurity across Nigeria, particularly in communities displaced by conflict, where access to farms and other sources of income has been disrupted.
Why it matters
Thousands of families in Plateau State have been forced from their homes following recurring attacks in recent years, leaving many dependent on humanitarian assistance for survival.
While emergency food support offers immediate relief, development experts say lasting peace, improved security and the restoration of livelihoods will be critical to helping affected communities recover.
Speaking during the distribution exercise, the Divisional Head of Brand and Communications at Fidelity Bank Plc, Dr. Meksley Nwagboh, said the initiative reflects the bank’s commitment to supporting vulnerable Nigerians.
“The Fidelity Food Bank Initiative was conceived as a way of giving sustenance to the society and supporting vulnerable groups across Nigeria. Today, we are delighted to be in Mangu to extend this support to families affected by displacement. We hope this intervention helps nourish households and contribute to reducing the burden of hunger currently affecting them.”
He said the programme has become one of the bank’s flagship corporate social responsibility initiatives, supporting national efforts to reduce hunger and improve the welfare of underserved communities.
State government welcomes partnership
The Project Coordinator of the Plateau State Sustainable Development Goals (SDGs), Mrs. Nanbam Danjuma-Lot, described the intervention as timely, saying many displaced families continue to face difficult living conditions.
“Following the attacks and destruction experienced by these communities in recent years, many families continue to face significant hardship. We are pleased to partner with Fidelity Bank and other humanitarian organizations to bring succor to those affected. This reflects our collective commitment to supporting affected persons and helping them rebuild their lives.”
Charity foundation highlights wider impact
Founder of the ABBASID Charity Foundation, Mrs. Hauwa Abbas, said collaboration between private organisations and humanitarian groups is helping extend food assistance to vulnerable communities across Nigeria.
“Our collaboration with Fidelity Bank has enabled us to extend food support to vulnerable communities nationwide. So far, we have reached between 32 and 40 communities across the country, providing much-needed assistance to families affected by hunger and economic hardship.”
Development specialists have repeatedly argued that partnerships between government agencies, businesses and civil society organisations can strengthen humanitarian responses, particularly as economic pressures increase demand for emergency assistance.
Beneficiaries call for lasting peace
Speaking on behalf of the beneficiaries, the Village Head of Changal Community, Mr. Titus Abednago, thanked the partners for providing relief to displaced families.
“This intervention has brought hope and relief to many families. We sincerely thank Fidelity Bank and all stakeholders for remembering our people during these challenging times. We also appeal for continued efforts to restore lasting peace so that our people can return to their farms and rebuild their livelihoods.”
His appeal reflects a wider concern among displaced communities that humanitarian aid, while essential, must be accompanied by improved security and long-term recovery programmes.
What next?
Fidelity Bank says it will continue expanding its Food Bank Initiative as part of its corporate social responsibility programme, supporting vulnerable communities across Nigeria facing hunger, economic hardship and displacement.
Humanitarian experts say sustained collaboration between financial institutions, governments and non-profit organisations will remain vital as many displaced Nigerians continue to require both emergency relief and long-term support.
Corporate Social Responsibility
GTCO to Donate 3,000 Bicycles to Schoolchildren Across Six Nigerian States
Guaranty Trust Holding Company (GTCO) has announced plans to distribute 3,000 bicycles to schoolchildren in six Nigerian states as part of the second edition of its #BeatTheDistance initiative, designed to help children in underserved communities travel to school more easily.
The bicycles will be distributed in Ebonyi, Jigawa, Benue, Oyo, Akwa Ibom and Ekiti states, with the programme building on the company’s first rollout in 2019.
The initiative aims to reduce the burden of long daily walks to school, which education experts say can contribute to fatigue, absenteeism and poor academic performance, particularly in rural communities.
Why it matters
Millions of Nigerian children, especially in remote areas, still travel long distances on foot to attend school.
Education advocates have long argued that reducing transportation barriers can improve attendance, reduce dropout rates and help children spend more time learning instead of commuting.
While bicycle donation programmes alone cannot solve Nigeria’s education challenges, they are seen as practical interventions that can improve access to education for many rural pupils.
GTCO explains the programme
GTCO Group Chief Executive Officer, Segun Agbaje, said the company views education as a long-term investment in society.
“Education remains one of the most powerful tools for transforming lives and creating opportunities. Through the #BeatTheDistance Initiative, we are supporting students whose determination to learn is often tested by the distance they travel each day to access education. By providing these bicycles, our goal is to create an environment where more children can achieve their full potential by reducing fatigue, improving attendance at school, and expanding learning outcomes for children of school age.”
He added:
“At GTCO, we believe that meaningful impact comes from addressing real challenges within communities. #BeatTheDistance is one of the ways we are investing in the future by supporting young people and helping to create conditions that enable them to succeed. We remain committed to initiatives that promote inclusion, expand access to opportunities, and contribute to sustainable development.”
Expert perspective
Education specialists say transport remains one of the overlooked barriers to learning in many rural parts of Nigeria.
They note that while improved classrooms and teacher recruitment remain priorities, helping children reach school safely and consistently can also have a measurable impact on enrolment, attendance and academic performance.
Development experts also argue that partnerships between governments and private organisations can complement public education investments, particularly in underserved communities.
Public and industry perspective
Corporate social responsibility initiatives focused on education have become increasingly common among financial institutions in Nigeria.
What happens next?
GTCO says the bicycles will be distributed across the six selected states during the 2026 rollout.
The company says the initiative forms part of its broader commitment to education, youth empowerment and community development.
Its long-term goal is to help more children spend less time travelling and more time learning.
Impact on society
The initiative could benefit thousands of families by making school more accessible for children living far from their classrooms.
Education stakeholders say improving school attendance contributes not only to better learning outcomes but also to long-term economic development by helping more young people remain in school.
Corporate Social Responsibility
Rite Foods, JAMB Launch ₦35 Million Academic Excellence Awards for Top Nigerian Undergraduates
Nigeria’s leading food and beverage company, Rite Foods Limited, has partnered with the Joint Admissions and Matriculation Board (JAMB) to reward seven outstanding undergraduates with a total of ₦35 million for exceptional academic performance during the 2025 admission exercise.
The initiative, which organisers say is designed to promote merit and inspire academic excellence, will see each beneficiary receive ₦5 million at the maiden Academic Excellence Recognition Award Ceremony scheduled for Tuesday, June 30, in Lagos.
The recipients were selected through what JAMB described as a transparent, merit-based process involving candidates who excelled in the 2025 Unified Tertiary Matriculation Examination (UTME) as well as their respective Post-UTME or institutional screening exercises.
Announcing the awards, JAMB’s Public Communication Adviser, Dr. Fabian Benjamin, said the programme recognises students who demonstrated exceptional academic ability throughout the admission process.
“The seven beneficiaries will each receive ₦5 million in recognition of their exceptional academic performance. This partnership with Rite Foods reflects our shared commitment to rewarding merit, promoting academic excellence, and inspiring young Nigerians to pursue excellence in their educational journey,” Benjamin said.
Why It Matters
Education stakeholders have repeatedly stressed the importance of rewarding academic achievement as Nigeria seeks to improve learning outcomes and encourage healthy competition among students.
Corporate-backed scholarship and reward initiatives are also increasingly viewed as a way to complement government efforts in supporting talented young Nigerians, particularly amid rising education costs.
Rite Foods: Investing Beyond Consumer Products
Rite Foods said the partnership reflects its commitment to youth development and nation-building beyond its core business operations.
The company’s Head of Corporate Affairs and Sustainability, Ekuma Eze, said recognising excellence helps motivate young Nigerians to pursue their ambitions.
“At Rite Foods, we believe excellence should be celebrated and encouraged. Through this partnership with JAMB, we are proud to reward these exceptional students and reinforce the message that hard work, discipline, and excellence will always be recognised. Beyond producing quality brands, we are committed to creating opportunities that inspire young Nigerians to achieve their full potential,” he said.
Inclusive Recognition
According to the organisers, the seven award recipients represent Nigeria’s six geopolitical zones.
An additional award has been reserved for the highest-performing admitted candidate living with a disability, a move intended to promote inclusion while maintaining a merit-based selection process.
What Happens Next?
The award ceremony is expected to bring together the Minister of Education, JAMB Registrar Prof. Is-haq Oloyede, vice-chancellors, heads of regulatory agencies, education stakeholders, corporate executives, students and members of the media.
Observers say the initiative could encourage more private-sector investment in education while motivating students to strive for academic excellence.
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