Unity Bank Nigeria Plc has injected over N10 billion as intervention fund in the nation’s agricultural sector.
The Regional Manager of Unity Bank, North-West zone, Malam Babangida Umar, said it was in line with government’s policy to boost agricultural activities in the country, adding that the beneficiaries are already smiling over the benefits.
A statement on the bank’s website quoted Umar as saying that the fund is being used judiciously by beneficiaries going by the feedback mechanism put in place by the bank to ensure that things were properly done.
According to him, farmers who accessed the funds are into different agricultural activities and production, stressing that it is heart-warming that soya-beans oil is being produced by one of the beneficiaries for local consumption and export.
He disclosed that through the commitment of the bank to agriculture, direct and indirect employment is generated across the nation, noting that the bank is set to introduce other products such as remittance solution, internal and mobile products and the ongoing savings promo and other services to customers.
The regional manager explained that Unity Bank has embarked on savings promo to encourage Nigerians imbibe savings culture adding that the grand finale of the 2012 edition of save and win promo will be held in October, while there will be two zonal draws and two national draws in July, August and September this year.
According to Umar, six Hyundai Verna cars would be won during the grand finale and the winners are expected to save a minimum of N150,000 for 45 days with the bank, while other star prizes will be 15 motorcycles, a million naira scholarship for unity kids account with a minimum deposit of N75,000.
The regional manager said the bank had penetrated remote areas of the country with aggressive campaign and mobilisation of villagers on the need for them to embrace mobile and e-banking to enable them benefit from different products the bank was offering to promote their businesses.