Sterling Bank begs Nigerians over ‘provocative’ Agege bread post

Sterling Bank Plc on Monday night apologized to Nigerians over a provocative post on its social media platform.

The lender had in the post marking the Easter celebration likened the resurrection of Jesus Christ to the rise of Agege bread.

The post – “Like Agege Bread, He Rose,” sparked angry reactions on social media with many demanding immediate removal of the post and an apology.

The Advertising Practitioners Council of Nigeria (APCON) also threatened to sanction Sterling Bank over the post.

In a reaction posted on the APCON Facebook page, the agency’s Registrar and Chief Executive, Olalekan Fadolapo, described the advert as “insensitive and provocative.”

He said the post was not submitted to the regulator to determine its worthiness for the Nigerian environment.

However, in a statement signed by its Chief Executive, Abubakar Suleiman, the bank asked the public for forgiveness over the offensive message.

The lender admitted that the post was insensitive and failed to capture the sober nature of the event.

The statement read: The statement reads: “On behalf of the management and staff of Sterling Bank PLC, I write to tender our unreserved apology to you and members of our nation’s Christian community for our Easter message email of 17 April 2022.

“The content of the infographic and the message it contained was insensitive and failed to consider the very sober nature of the event being commemorated, the resurrection of Jesus Christ.

“While the message had no malicious intent, there is no place for content that fails to fully account for the feelings of billions of people all over the world. Out honest intent was to join our millions of customers in Nigeria and worldwide in celebrating this solemn event but our execution fell short on this occasion.

“Our policies are clear on what constitutes acceptable customer communication and this message should not have been released to our customers. On this occasion, our editorial processes fell short of our policy standards.

“As a responsible institution, we immediately withdrew the offensive material and initiated a review of the circumstances that led to this failure. We will further sensitise our workforce to ensure the unfortunate lapse in judgment never repeats itself”.

Kogi govt maintains innocence, even as Sterling bank returns N20bn bailout funds to CBN

The Kogi State Government on Friday insisted that it is innocent of accusations by the Economic and Financial Crimes Commission (EFCC) in the wake of the resolution of the lawsuit on the alleged misappropriation of a N20 billion bailout fund.

It therefore demanded an apology from the anti-graft commission.

According to the Kogi State Government, it was ’embarrassing’ for the anti-graft agency to institute a lawsuit over the funds.

This was contained in a statement issued by the Commissioner for Information in Kogi, Mr Kingsley Fanwo, who stated the government’s position at the presentation of awards to senior journalists who participated in the GYB Essay Competition for Nigeria’s Political and Crime Editors in Lagos.

Ripples Nigeria had reported that the EFCC on Friday told the court that it was no longer pursuing the case, after Sterling Bank which was holding the funds gave its commitment to return the money to the Central Bank of Nigeria (CBN).

The bank claimed it did not act on the directive of the Kogi State government when it kept the money in a mirror account.

Justice Chukwujekwu Aneke granted the order of withdrawal on Friday sequel to a motion filed and argued by EFCC counsel, Mr Kemi Pinheiro (SAN), leading Mr Rotimi Oyedepo.

Pinheiro listed six grounds upon which the judge granted the prayer, adding that “the EFCC is a responsible body”.

Nonetheless, Fanwo said it was unfortunate that the commission ignored thorough explanations by the state government on the matter, but chose to heed allegations from “hired guns.”

“It was unfortunate that the commission chose to believe allegations that it fixed N19 billion out of the amount in a new generation bank,” he stated.

He further implored the EFCC to always exhibit justice and professionalism during the discharge of its responsibilities while clarifying that the state government was yet to receive details of the judgement.

Fanwo declared that the state government would address the media after receiving the Certified True Copy of the judgment.

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