AFRICUNIA TV gathered that the essence of the agreement, which was
signed on August 4, 2022 at the Nigeria’s headquarters of AFRICUNIA BANK in
Yaba, Lagos, is to work together on AFRICUNIA BANK/SPARCO BANK Agric Grant
Project which supports local farmers in Nigeria, training, seminars, education and
micro/macro business empowerment.
According to the agreement, AFRICUNIA BANK will economically
empower ISHIBA DEVELOPMENT AND EMPOWERMENT CENTRE NGO through sustainable
grants and aiding its business proposals financially, take on various
humanitarian projects and relief-oriented roles in Nigeria through the NGO, support
local economic projects
The bank works with various partners in numerous
countries to promote sustainable development with special focus on financial
empowerment, farming, healthcare, advancement of children, youth and women,
good governance and the rule of law.
The Abuja-headquartered ISHIBA DEVELOPMENT AND
EMPOWERMENT CENTRE NGO, on the other hand, will promote and publicize the grant,
as well as promote AFRICUNIA BANK and its sister subsidiaries across Nigeria through
conventional media, social media, referrals and mouth-to-mouth dissemination
mechanisms, organize seminars and trainings across Nigeria and beyond, monitor
and supervise grant recipients to ensure their businesses run smoothly and ensure
that majority of agricultural produce resulting from grant is repurchased and
made available to AFRICUNIA BANK as sole and exclusive buyer.
Speaking with newsmen after the agreement signing, the
Executive Secretary of AFRICUNIA BANK, Mrs
Madeleine Winkler, reiterated the bank’s resolve to support massive development
of agriculture in Nigeria and Africa at large through training and empowerment
of farmers under AFRICUNIA BANK/SPARCO BANK Agric Grant Project.
In their speeches, the excited Chief Executive Officer
of ISHIBA DEVELOPMENT AND EMPOWERMENT CENTRE NGO, Dr. Elizabeth Ngozi Praise and the NGO’s Lagos State
Coordinator/South-West Regional Leader/CSO of the National Monitoring Team, Hon. Olabode Olatosin, thanked the bank
for deeming them fit to partner with in the disbursement of the agricultural
grant.
Source: AFRICUNIA TV
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