As part of its contribution to the development of sports in the country, Sovereign Trust Insurance Plc has gone into partnership with an indigenous sports academy to encourage grassroots soccer.
The company is collaborating with Avengers International Sports Academy based in Lagos in promoting the game of football amongst the youths and some physically challenged individuals in the society. As part of its main objective, the company in conjunction with the academy will discover and develop young talents from the grassroots. This arrangement, according to the Managing Director of Sovereign Trust Insurance Plc, Mr. Wale Onaolapo, will help develop some of our youths and keep them off the streets and out of trouble.
In his words “Such intervention will go a long way in reducing hooliganism within the society, an idle mind they say is the devil’s workshop, but we believe that when they are engaged in sports, they will be good ambassadors of the country. He added that the company is committed to the development of human resource through creative and qualitative recreation.
The company, he noted, will not relent in its effort at ensuring that the country brings out the best in her citizens. He further stressed that Sovereign Trust Insurance Plc is of the belief that a very resourceful country in terms of human capital will bring about positive multiplier effect on the economy. “Growing the Nigerian economy is key to us at Sovereign Trust Insurance Plc.
Mr. Onaolapo maintained that with an uplift in the Nigerian economy, the problem of brain drain will be checked thereby ensuring that the best of Nigerians stay at home to make the country the best.
Sovereign Trust Insurance Plc has contributed greatly to the development of sports in the country. The company sponsored 5 Nigerians to the just concluded Cup of Nations in Ghana and was the official insurer of Team Nigeria to the 2007 All African Games in Algiers and apart from being one of the sponsors of the Annual International Polo Tournament organized by the Lagos Polo Club, the company at various times has also sponsored the Valentine Golf Club, Ikoyi Club Golf Tournaments and Port Harcourt Club Ladies Golf Tournament. The company also sponsored the maiden Sovereign Trust Annual Table Tennis Tournament at the Ikoyi Club 1938 in 2007.
Sovereign Trust Insurance Plc has added another feather to its streak of sponsorship initiative as it just instituted an annual aerobics tournament at the Ikoyi Club 1938.