Interbank Settlement System to tap into Nigerian Universities’ Artworks

Nigeria Inter-Bank Settlement System Plc (NIBSS) has concluded plans to provide young student artists the opportunity of having their works adorn its wall through an art competition for all artists who are students of higher institutions in Nigeria.

Addressing the press over the weekend to mark the flag off of submission of entries, Managing Director, NIBSS, Mr Ade Shonubi said paying for those ideas will help the students in school, encourage youth participation, with ultimate objective of reducing unemployment rate in Nigeria.

He said that NIBSS have been focusing on improvement of the payment system. It later focused on capacity building and this time, the institution is focusing on the environment, believing that the project is an effort that will also bring financial services to the unbanked and finally broaden financial inclusion.

According to him, rather than buying artworks to decorate the NIBSS building which is currently undergoing renovation, the management thought it wise to engage the youths and get the best out of them.

“We want to take that opportunity to encourage young people to start showcasing their talent. We want to commission young artists to embark on producing about 40 to 50 artworks that will adorn our building and they will be paid, based on quality of materials, size and other requirements. My dream is that in the next 20 or 40 years, somebody can say this is the original artwork done by this master-artist that is celebrated globally,” the NIBSS helmsman disclosed.

The company is looking to compliment the new look of its Head Office Complex on Victoria Island Lagos with a collection of diverse local art works that best reflect the themes being promoted and submission of entries lasts between September 21 and September 30, 2016.

Adenubi revealed that NIBSS expects interplay of relief features with water movement using sustainable materials, lighting, and nature, inorganic forms among others in expressing the concept and a bit of magic.

Available on NIBSS website according to the company, other features of the works to be commissioned include: space allocation of 6.8m wide x3.15 Height, while maximum base or pool extension is 0.8m; collage (analog and digital) Assemblage, Construction, in all mediums and styles; maximum of one piece9art work0 per artist that can be wall hung, free standing or pedestal mounted.

In terms of size, NIBSS wants  all work to fit through: minimum 450mm x 1500mm, maximum 4600mm x 2600mm.

According to the interbank settlement house, all work must be original, new, customized to fit the company’s theme and NIBSS reserves the right of refusal on all work that is too fragile to display.

It said works will be selected from online submission only and the juror will view all images in an anonymous manner, whereas jury result will be posted on “www.nibsscompetition.com.ng.”