Igbo Group To Launch Federal Credit Union Bank

The World Igbo Congress, (WIC) has concluded arrangements to launch the ‘Igbo Federal Credit Union Bank’ at this year’s convention, which is scheduled to be held at the Marriott in Boston, Massachusetts, United States of America.

The WIC Board of Directors chairman, Dr. Festus Okere, disclosed this and urged the Board to invite Igbo dignitaries and Igbo community members to finalise their itineraries and secure hotel reservations as soon as possible due to the high demand for attendance.

Okere stated that the Igbo Federal Credit Bank needs to revive the Igbo apprenticeship scheme, which revived the Igbo economy shortly after the Nigeria-Biafra war ended in 1970.

Okere said that the 2025 World Igbo Congress convention is expected to draw one of the largest crowds ever, considering the current circumstances in the homeland and abroad.

“This year marks the launch of the Igbo Federal Credit Union Bank, which aims to transform Igbo businesses in the diaspora and contribute to the development of our homeland.

“This initiative presents an opportunity to replicate the Igbo apprenticeship scheme, which was crucial in revitalising the eastern region’s economy after the civil war. The Federal Credit Union Bank project in the United States is poised to usher in a new era of prosperity,” Okere said.

Notable attendees will include Chief Gaius Chibueze, also known as E-Money, the Chairman of Faith Toyota, a representative from the Boston, Massachusetts government, and Chief Valentine Igbobi, the PCNI Chairman and Ochiagha of Ndiigbo in New England 2025.

Okere said Chief Igbobi has authorised full representation from the People’s Club of Nigeria in the Boston branch for the event. At the same time, the Umuada Igbo will also attend in significant numbers.

The World Igbo Congress Convention 2025, organised by the apex Igbo organisation in the diaspora, is scheduled for August 29-31 at the Marriott in Boston, Massachusetts.

According to the WIC Vice Chairman, Hon. Basil Onwukwe, the 2025 convention will be the largest gathering of influential Igbo figures in North America. Only individuals with proven character from Nigerian political office holders will be invited to the convention.

“These individuals will be carefully vetted to ensure that only those committed to protecting the lives and properties of our people are included,” Onwukwe said.