TEFAP X RAND MERCHANT BANK NIG. LTD.

According to the National Bureau of Statistics, 63% of Nigerians live in multidimensional poverty, primarily in underserved communities. Many struggle to afford basic necessities, leading to alarming levels of food insecurity. This crisis forces families to go to bed hungry and significantly impacts children's education and cognitive development. Contributing factors include ongoing poverty, rising inflation, and food wastage.

In response, Lagos Food Bank and Rand Merchant Bank (RMB) are partnering on November 9, 2024, through the TEFAP program to support families and school children facing food insecurity. This initiative is part of RMB’s Corporate Social Responsibility (CSR) efforts, aimed at ensuring equitable access to food and essential items. This contributes a more productive community and a brighter future for our children.

ABOUT OUR PARTNER:
RMB Nigeria Limited is an authorized financial services provider, that offers a comprehensive suite of investment banking products and services; advisory, finance and trading solutions; investment opportunities and fund management.

GOAL:
To mitigate the burden on households in low-income communities and promote quality education

OBJECTIVES:
 To identify and reach households that need support for food and essential items in a low-
income community
 To identify and reach food insecure school children in a low-income community
 To provide nutritious food and essential items to women from resource-constrained
households and also provide nutritious meals to food insecure students.

DATE: November 9th, 2024
LOCATION: Ajeromi-Ifelodun, Ajegunle Community