First Bank pledges commitment to grow Nigeria’s food industry

First Bank of Nigeria Limited, a subsidiary of FBN Holdings PLC has affirmed its commitment to the development of Nigeria through its support for the development of the agricultural value chain. Given the economic diversification in the face of dwindling oil revenue, a lot of attention has been given to the business of food, the […]

First Bank of Nigeria Limited, a subsidiary of FBN Holdings PLC has affirmed its commitment to the development of Nigeria through its support for the development of the agricultural value chain.
Given the economic diversification in the face of dwindling oil revenue, a lot of attention has been given to the business of food, the very crux of the nation’s economy before the oil boom.
In a statement by Folake Ani-Mumuney, FirstBank’s Group Head, Marketing & Corporate Communications, FirstBank is set to support the business, art and entertainment of food across all segments of the economy. 
She said the “Bank is supporting Small and Medium Enterprises (SMEs) through financing options and advisory services to leverage opportunities in the business of food and create jobs in the food industry that catalyze economic growth.”
According to her, “through unique retail financing options, FirstBank is also supporting the passion, lifestyle and career options of its more upwardly mobile customers, who have a flair for and are making a living from cooking, fine dining and the art and finesse of food.  The Bank is also furthering the entertainment value of food, widely enjoyed by youth and families, by sponsoring events that bring provide opportunities to enjoy food as a united community.” 
In line with this, she said FirstBank is partnering with Eventful, a renowned event management company, to host ‘Fiesta of Flavours’, a world class food and beverage fair scheduled to hold at Harbour Point in Victoria Island Lagos, from  December 4 -6, 2015.
She noted that with a rich heritage of over 120 years and footprints across Africa and the globe, FirstBank has been at the forefront of preserving culture in all its locations.