First Bank restates commitment to agric financing

First Bank of Nigeria Limited has promised that it will continue to promote growth in the Nigerian economy through agricultural financing, identifying and supporting agricultural enterprises across all regions of Nigeria.

In his welcome address at the second consecutive edition of the First Bank Agricultural exhibition, Dr Adesola Adeduntan, Managing Director, First Bank of Nigeria Ltd, said the bank commenced operations over 124 years ago with a major strategic focus on financing agriculture development, as well as enabling farmers and agro-businesses.

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Sequel to the first edition with the theme: “Reinventing Agriculture for Sustainable National Development”, he said this year’s edition of the expo aptly focuses on the theme “Innovating for a Sustainable Green Economy,” which highlights the essentials for promoting policies and practices focused on advancing the pathway to a future filled with interest and a progressive mindset on agriculture across the nation.

The expo, according to him, is indicative of First Bank’s commitment to increasingly collaborate with public and private sector partners to fully restore the prime role of the agricultural sector as the mainstay of Nigeria national economy.

His words: “I am pleased to note that agricultural financing across all value chains remains a core part of our business today. Following our priority as a continuous financier of credit worthy agro-allied businesses, our team of dedicated agricultural professionals specialising in various fields of agriculture are strategically located to identify and support agricultural enterprises covering across all regions of Nigeria, with a suite of customised sector and customer friendly agricultural financing solutions.”