The Alternative Bank has announced a partnership with the Oyo State Signage and Advertisement Agency (OYSAA) to promote infrastructural and environmental development across the state. The collaboration is expected to improve the visual appeal, safety, and sustainability of public spaces, particularly in the capital city of Ibadan.
The agreement was reached after a recent strategic meeting between officials of The Alternative Bank and the management team of OYSAA. The Director-General of OYSAA, Mr. Oludolapo Eso-Ajanaku, hosted the visiting team from the bank at the agency’s headquarters in Ibadan. The bank’s delegation was led by Mr. Mustapha Ajisafe, the Team Lead for Ibadan, who represented the Director of Digital Business and Innovation, Mr. Mohammed Yunusa. Also present was the Relationship Manager of the bank, Ms. Ufuoma Emiemie.
In a statement released on Monday by the bank, Mr. Ajisafe said the partnership reflects The Alternative Bank’s broader vision of promoting infrastructure development, public safety, and community engagement through innovation and responsible investment. He noted that the initiative aligns with the bank’s philosophy of creating value that extends beyond conventional banking services.
“We are excited to work closely with the Oyo State Signage and Advertisement Agency as we continue to strengthen our presence in Oyo State,” Ajisafe said. “Our goal goes beyond providing financial services; we are committed to improving the environment through the creation and maintenance of branded public spaces that contribute to orderliness, safety, and community pride.”
He explained that The Alternative Bank’s mission is to create wealth and opportunities for individuals and businesses through innovative non-interest financial solutions. These include products for education, e-commerce, micro, small, and medium enterprises (MSMEs), as well as vehicle, housing, and equipment financing.
Ajisafe emphasised that the collaboration with OYSAA is one of several initiatives designed to promote sustainable urban development. He said the project would not only beautify public areas but also help in reinforcing safety regulations, improving signage systems, and fostering a more structured environment that encourages business growth.
Responding to the partnership proposal, the Director-General of OYSAA, Mr. Oludolapo Eso-Ajanaku, commended The Alternative Bank for taking the initiative to invest in the state’s environmental and infrastructural development. He noted that the collaboration aligns with the vision of the Oyo State Governor, Engineer Seyi Makinde, who has consistently emphasised infrastructure renewal, environmental sustainability, and economic development as key priorities of his administration.
Eso-Ajanaku said OYSAA is ready to work with the bank to develop cleaner, safer, and more attractive public spaces that reflect the modern outlook of the state capital. “We appreciate The Alternative Bank for its willingness to support the government’s efforts toward building a more organised and appealing environment. This partnership is a welcome development that will go a long way in promoting sustainable growth,” he stated.
During the engagement, The Alternative Bank presented safety equipment and branded materials to OYSAA as part of its contribution to safety awareness and public space improvement in Oyo State. The presentation symbolised the bank’s dedication to corporate social responsibility, particularly in promoting safety standards and encouraging environmental discipline among businesses and residents.
Industry observers believe the collaboration could become a model for other Nigerian states, showing how public-private partnerships can enhance environmental management and infrastructure delivery. They also note that the initiative will likely help businesses operating in Oyo State benefit from better advertising structures and a more organised urban environment.
The Alternative Bank, which operates under the non-interest banking model, is a subsidiary of Sterling Financial Holdings Company, the parent company of Sterling Bank. The bank has continued to expand its presence across Nigeria by promoting ethical finance, sustainability, and innovation-driven solutions tailored to meet the needs of individuals and communities.
Through partnerships like this, The Alternative Bank aims to demonstrate that responsible banking can directly contribute to social progress and urban development while maintaining compliance with ethical financial principles.
