The Lagos State Sports Commission (LSSC) has entered into a strategic partnership with Parallex Bank to improve financial inclusivity and support for athletes across the state.
This collaboration aims to revolutionize payment solutions for athletes while fostering talent development.
During a recent visit to Parallex Bank’s Head Office in Victoria Island, LSSC Director-General Lekan Fatodu highlighted the significance of the partnership in driving Lagos State’s agenda to create sustainable opportunities in sports.
The initiative focuses on empowering athletes with the resources needed to achieve excellence and ensuring timely, secure payments.
Fatodu emphasized that the partnership aligns with the state’s goal of promoting long-term success for athletes both on and off the field.
He noted that the collaboration would introduce a streamlined payment system, improving athlete welfare and encouraging a culture of excellence within Lagos sports.
Parallex Bank’s Managing Director, Olufemi Bakre, expressed the bank’s commitment to supporting youth empowerment and sports development.
He stated that the partnership marks a significant step in advancing communities and creating opportunities that extend beyond sports, driving positive social and economic outcomes.
Bakre affirmed the bank’s dedication to supporting athletes and nurturing emerging talent, emphasizing that this investment is in line with their mission to create value for all citizens.
The partnership aims to provide seamless payment solutions that meet athletes’ specific needs while ensuring they are well-compensated for their efforts.
