Tuesday, September 16, 2025
23.6 C
Lagos

Stanbic IBTC Reiterates Commitment to Agric Development

Stanbic IBTC, a member of Standard Bank Group, has reiterated its readiness to support the Nigerian agricultural sector with the aim of boosting food production in the country.

Dr. Demola Sogunle, Chief Executive, Stanbic IBTC Bank, disclosed this at the 2019 edition of the Lagos Farm Fair.

The Lagos Farm Fair is an initiative of the British American Tobacco Nigeria Foundation in partnership with the Lagos State Government to commemorate the World Food Day which is celebrated on October 16, annually.

The Stanbic IBTC Bank Chief Executive was represented by Sam Ocheho, Head, Global Markets, also of Stanbic IBTC Bank.

Stanbic IBTC
L-R: Prince Gbolahan Lawal, Commissioner for Agriculture, Lagos State; Mrs. Folasade Jaji, Secretary to the Lagos State Government and Mr. Sam Ocheho, Head, Global Markets, Stanbic IBTC Bank PLC., at the Lagos Farm Fair to mark the 2019 World Food Day at Police College, Ikeja, Lagos.

He said: “We are proud to be a part of this project because it connects with our purpose. Creating these linkages means that farmers will be able to get value for their effort and in turn be able to do more and with that, we will have better farming and increase in food production. It means that buyers will get direct access to farmers and materials that feed into their business to keep their factories running. It means that more jobs will be created and secured. It means that communities will thrive. It means that it is commerce that will drive progress. This is why we are very proud to append our name to this project.”

He added that the company was interested in the progress of Nigerian communities and ensuring that businesses thrive, a reference to the company’s tagline which is Moving You Forward.

In his welcome remarks, Prince Gbolahan Lawal, the Commissioner for Agriculture, Lagos State, said: “Our efforts to ensure food security in the face of unfavourable climate change have resulted in a lot of innovations aimed at preventing food shortage in the state. We have also embarked on a lot of empowerment programmes for our farmers and all the major players in the food value chain.”

The Lagos Farm Fair is a platform which drives market access for farmers, thus providing a business platform to promote Agric-business development.

spot_img
spot_img

Hot this week

Designing the Future: Arc Christian Benimana, Prof Taibat Lawanson to Headline Ecobank Design and Build 2025

Ecobank Nigeria has announced that celebrated architect Arc. Christian...

Sovereign Trust Insurance Wins Enactus Catalyst Award

From L-R: Victor Akinfala, Head Partnerships & Special Projects,...

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

Universal Insurance MD/CEO, Jeff Duru, Bags CIBN Associate Membership

  Dr. Jeff Duru Managing Director/CEO Universal Insurance Plc The Managing Director/CEO of...

Sterling One Foundation CEO, Olapeju Ibekwe, Joins Board of UN Global Compact Network Nigeria Ahead of UNGA 80

    Olapeju Ibekwe, Chief Executive Officer of Sterling One Foundation,...

Topics

Westin Hotels Unveils Let’s Rise Campaign to Regale Guests

Westin Hotels & Resorts, part of Marriott International, Inc....

Stanbic IBTC CEO Commends RetireFit Participants

Chief Executive, Stanbic IBTC Holdings, Demola Sogunle while addressing participants at...

African Trade Exchange Highlights Growing Demand for U.S. Agricultural Products in Region

The U.S. Soybean Export Council (USSEC), the American Soybean...

What Does A Blogger Want From A Bank? The PR Perspective

Modern society has been hugely impacted by the advent of the internet. The internet has truly become an essential component of varied socio-economic activities. The use of internet has brought fundamental change to the way businesses are coordinated and managed. Public Relation as a professional discipline is one major field that has been revolutionalised by the internet.

NCC Suspends Spectrum Trading Guidelines 2018

  The Nigerian Communications Commission (NCC) has suspended the Spectrum...

BCG Prescribes Post-COVID Recovery Roadmap for Nigeria 

The Boston Consulting Group (BCG), a global management consultancy...

ASUS Presents Incredible Unfolds at CES 2022

KEY POINTS Zenbook 17 Fold OLED, Zenbook 14X OLED...

Universal, Guinea, Norrenberger Excite Stakeholders With Innovative Products, Excellent Service Delivery

Poised to increase insurance uptake and deepen insurance penetration...
spot_img

Related Articles

Popular Categories

spot_imgspot_img