Cornerstone Insurance, LFBI distribute food to vulnerable students to celebrate Valentine’s Day
Nike Popoola
Cornerstone Foundation, the corporate social responsibility arm of Cornerstone Insurance Plc, partnered with the Lagos Food Bank Initiative (LFBI) and distributed food to some schools in Lagos State as part of activities to mark this year’s Valentine celebration.
Cornerstone noted that the distribution of food and other items to the needy and vulnerable children is part of the company’s way of giving back to the society. The schools visited today Wednesday, are Divine Wisdom – Agege, Idera Oluwa – Agege and Debby and Frank – Agege.
Speaking to the journalists at the LFBI office at Ikeja today, the General Manager, Cornerstone Insurance Plc, Mr. Charles Nwachukwu, reaffirmed Cornerstone Insurance’s commitment to the welfare and wellbeing of the less privileged people in our society.
He expressed the Company’s readiness to work with LFBI to impact the lives of the people of the communities where it operates, saying, “We are proud to be part of this laudable initiative to give a sense of belonging to our school children especially the less privileged children at this valentine. There is no better time to do this than now.
“It is time to show love to the people of our immediate community through insurance. Our slogan is ‘Show Love With Insurance.’ We need to affect our environment positively by showing love and giving to help those who are in need.”
Speaking on Cornerstone Insurance Plc as a corporate entity, he said the company is a one-stop insurance company that provides all kinds of insurance solutions that meet the needs of the insuring public.
He said in 2024, the Company generated over N32 billion as revenue, while about N4 billion was paid as claims.
Also speaking, the Head of Marketing and Corporate Communications at Cornerstone Insurance Plc, Cordelia Ekeocha, said since the inception of Cornerstone Insurance Foundation in 2013, the Foundation has been working with different organizations in impacting the lives of the people of the community.
“Since 2013, we have been working with different Non-governmental organizations (NGOs) and institutions in various ways to impact the lives of the people in our immediate communities,” Ekeocha said.
Responding, the Executive Director, LFBI, Dr. Michael Sunbola, commended Cornerstone for its support, and solicited for more in the future.
Lagos Food Bank, according to Dr. Michael, is a non-profit, nutrition-focused initiative committed to fighting hunger, reducing food waste and solving the problem of malnutrition through targeted programmes that seek to improve the nutrition/food intake of pregnant women and their infants who are not able to get the required nutrient during pregnancy and breastfeeding of their babies.
Cornerstone Insurance Plc Foundation (CIPLCF) serves as the corporate social responsibility (CSR) arm of Cornerstone Insurance Plc, focusing on initiatives that uplift communities and improve societal well-being. The foundation’s efforts are primarily directed towards health, women empowerment and education.
The Education Enhancement Intervention for Food Insecure Students (EDUFOOD) is a programme by the Lagos Food Bank Initiative (LFBI) aimed at improving the nutritional status and health of food-insecure students in low-cost private primary and secondary schools within underserved communities in Lagos State.
