Unity Bank Nigeria Plc, the official bank of the ongoing 33rd Kaduna International Trade Fair, has invested over N10 billion as intervention fund in the nation’s agriculture sector, the bank’s Regional Manager, North-West zone, Babangida Umar, has disclosed.
Umar disclosed this to newsmen shortly after the opening ceremony of the 33rd edition of the trade fair at the weekend, saying that the fund was in line with government’s policy to boost agricultural activities in the country.
He expressed happiness that the fund was being used judiciously by beneficiaries, going by the feedback mechanism put in place by the bank to ensure that things are properly done.
According to him, farmers who accessed the funds are in different agricultural activities and production, stressing that it was heart-warming that soya beans oil was being produced by one of the beneficiaries for local consumption and export.
He further disclosed that through the commitment of the bank to agriculture, direct and indirect employments were being created across the nation, noting that the bank would use the occasion of the on-going trade fair to introduce other products such as remittance solution, internal and mobile products and the on-going savings promo and other services to customers.
Umar explained that Unity Bank, which is the official bank for the on-going fair, embarked on the savings promo to encourage Nigerians to imbibe saving culture, besides the fact that the products attract gifts items.
He said that the grand finale of the 2012 edition of Save and Win promo would be held in October, while there would be two zonal and national draws each in May, June, July, August and September this year.
According to Umar, six Hyundai Verna cars would be won during the grand finale and the winners would have to save a minimum of N150,000 for 45 days with the bank, while other star prizes would be 15 motorcycles, N1million scholarship for Unity Kid’s Account with a minimum deposit of N75,000.
The Regional Manager said that the bank has penetrated remote areas of the country with aggressive campaign and mobilisation of villagers on the need for them to embrace mobile banking and e-banking to enable them benefit from the different products the bank is offering to promote their businesses.