banks

First Bank of Nigeria remains committed to the growth of the agricultural sector as the country expands opportunities in its non-oil sector, an official of the bank said Wednesday.

Adesola Adeduntan, the bank’s chief executive officer, said the financial institution plans to promote sustainable agricultural value chain as a substantial source of Nigeria’s economic development.

“In the last 125 years, more than any other financial institution, we have played a key role in financing different sectors of not just the Nigerian economy but other economies in sub-Saharan Africa,” he said.

Adeduntan said the bank’s consistency in convening an agriculture expo is a demonstration of its commitment to building the agribusiness economy.

He said agribusiness is capable of delivering sustained prosperity by meeting domestic food security goals, generating exports, supporting sustainable income and creating employment opportunities. Enditem

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