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Sterling Bank’s Imperium partners JinkoSolar to revolutionise energy business

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In a groundbreaking move, Sterling Bank Limited’s Imperium Initiative has joined forces with JinkoSolar Holding Co., Ltd. to tackle the import challenges faced by photovoltaic (PV) distributors and solar developers in Nigeria.

The partnership aims to address significant foreign exchange burdens and operational constraints, ultimately driving the adoption of solar energy in the country.

Mr Olabanjo Alimi, Group Head of Transport and Renewables (Digital Renewables and Mobility) at Sterling Bank, announced this transformative collaboration in a statement issued by the bank.

He said the Imperium Initiative seeks to streamline the process for distributors and developers, eliminating the need for them to source foreign exchange at costly rates to fund their PV panel purchases.

As a result, it will significantly reduce costs and make solar energy more accessible to Nigerian households and businesses.

JinkoSolar Holding Co., Ltd, known for its innovation and competitive pricing in the PV industry, is committed to sustainability and expanding energy access in Africa.

Notably, JinkoSolar was the first business to commercialise N-type TopCon Technology under the name Tiger Neo module as solar technology gradually transitioned from P-type to N-type.

Renewable energy is one of Sterling Bank’s strategic investments under its HEART of Sterling initiative, alongside sectors such as Health, Education, Agriculture, and Transportation.

The Imperium Initiative represents Sterling Bank’s commitment to providing alternative power solutions to households, eliminating the need for individuals to make substantial capital investments to power their homes.

Sterling Bank has also demonstrated its commitment to environmental sustainability by powering approximately 60 branches nationwide with solar energy, contributing to over 40 percent of its total branches.

Furthermore, compared to the previous year, the bank achieved a remarkable 35.4 percent increase in the deployment of solar-powered ATMs across Nigeria in 2022.

Jinko Solar, a globally recognised solar technology leader, is dedicated to reshaping the energy landscape and promoting a sustainable future. With a focus on integrated research, development, and manufacturing of photovoltaic products, the company offers comprehensive clean energy solutions and maintains its position as the global leader in module shipments, serving customers in more than 180 countries and regions worldwide.

The collaboration between Sterling Bank’s Imperium Initiative and Jinko Solar holds great promise for the Nigerian solar industry, marking a significant step towards sustainable and cost-effective energy solutions for the nation.

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Dozens injured in accident while traveling for army recruits training

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Several candidates recently shortlisted for recruitment into the Nigerian Army from Imo State have sustained varying degrees of injuries after the vehicle conveying them to the Nigerian Army Depot in Zaria, Kaduna State, was involved in a road accident on Saturday.

The candidates were said to be travelling to the training institution to commence their basic military training when the accident occurred.

Military sources familiar with the incident disclosed that the journey was being coordinated under the supervision of Lieutenant Colonel P.D. Ngal.

A military source said the victims had successfully passed the recruitment process and were heading to the Depot Nigerian Army in Zaria to begin their recruit training before the accident disrupted the journey.

“The candidates from Imo State were on their way to the Depot Nigerian Army in Zaria to begin their recruit training when the accident happened this morning,” the source said.

Videos seen by our correspondent showed several injured candidates lying by the roadside and inside damaged vehicles as emergency responders and other travellers made frantic efforts to evacuate them.

Many of the injured candidates were subsequently rushed to nearby hospitals for medical attention.

As of the time of filing this report, the exact cause of the accident and the number of casualties had yet to be officially confirmed.

 

 

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Police condemn killing of Benue MACBAN chairman

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Benue State Police Command has condemned the killing of the Chairman of the Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), Benue State chapter, Ardo Rabo Mohammed, and another man, Yakubu Isa, describing the attack as a senseless criminal act capable of undermining ongoing peace and security efforts in the state.

The victims were reportedly attacked by gunmen while returning from a security meeting along the Okwudu-Ogoli Road in Otukpo Local Government Area.

In a statement issued on Saturday, the Police Public Relations Officer, DSP Udeme Edet, said the Commissioner of Police, CP Cletus C.N. Nwadiogbu, condemned the killings and expressed condolences to the families of the deceased.

“The Commissioner of Police strongly condemns in its entirety the brutal killing of the Chairman of Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), Benue State chapter, Ardo Rabo Mohammed, and one Yakubu Isa, who were reportedly attacked by unknown assailants while returning from a security meeting along Okwudu-Ogoli Road, Otukpo,” the statement read.

According to the police, the command has commenced a full-scale investigation into the incident, with tactical and intelligence teams deployed to track down those responsible.

The Commissioner assured residents that the command would leave no stone unturned in ensuring the perpetrators are identified, arrested and prosecuted.

He appealed to members of the public to remain calm, avoid taking the law into their own hands, and refrain from spreading unverified information capable of escalating tensions.

The police also urged anyone with credible information that could aid the investigation to report to the nearest police station or contact the command through its emergency lines.

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Lady identifies bandits that abducted her, leading to their arrested wth N11m recovered

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Three bandits have been arrested in Benue state after a lady who they had kidnapped and released, identified them at a motor park and raised alarm.

The k!kidnappers came to Ihotu park to board a vehicle to Makurdi and were met by the lady they had earlier kidnapped and released after collecting ransom from her relatives.

They were even using a bag they collected from the girl. The girl raised the alarm, held one inside the vehicle, and two took to their heels, but were caught.

They had a ghana-must-go bag at the back of the vehicle. N11m was found inside the bag.

Following the confirmation of their identity by another lady who was also their victim, mob gathered around with the intent to beat them up and possibly set them ablaze.

But the park manager decided to invite the police and soldiers who rescued them and took them to their station.

It was later gathered that the Benue state Governor, Rev. Father Hyacinth Alia called and said he was interested in the case which made the police to take the apprehended bandits to Makurdi, the state capital.

 

 

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