The Development Bank of Nigeria Plc has partnered with MOE+Art Architecture and ADD.apt on the projection of material lab programmes in Nigeria to showcase innovative, sustainable indigenous Nigerian materials as an opportunity for development in the design and building industry.

A statement obtained from the bank on Friday said the project, which was launched in Lagos, was an advocacy initiative on sustainability, especially those concerning waste management and reduction.

Speaking on the partnership, the Managing Director, Development Bank of Nigeria Plc, Tony Okpanachi, said, “DBN is focused on stimulating sustainable economic growth. Therefore, we will continue to partner with like minds to explore and proffer solutions to challenges that align with our three-pronged mandate of providing access to finance for the underserved Micro, Small and Medium Scale Enterprises in Nigeria, provide partial credit guarantee and deploy capacity building initiatives for both the PFIs and MSMEs.

“We are particularly excited about the research work being carried out by our partners, MOE+ Art Architecture and ADD.apt, and thus, call on all Nigerians to take advantage of this opportunity to stimulate innovation in the construction industry.”

The project with MOE+ Art Architecture, an architecture and design practice, and ADD.apt’s,architecture, design and data solutions firm would help in creating a platform for collaboration between communities and stakeholders, for content development that lends itself to research and evolving issues on sustainability in Nigeria, the statement said.