In recognition of the Federal Government’s efforts at moving Agriculture to the next level, FirstBank has emphasized the determination of being an overall contributor to the growth of the sector.
Contributor to the Growth of the Agricultural Sector
First Bank of Nigeria Limited has historically played a key role in financing different sectors of not just the Nigerian economy, but other economies in sub-Saharan Africa. As Nigeria further builds its non-oil sector, Agriculture, after several years of neglect, is now on the front burner. In recognition of the Federal Government’s efforts at moving Agriculture to the next level, the Bank’s determination of being an overall contributor to the growth of the sector cannot be overemphasized.
The Bank, having a priority of being a continuous financier of creditworthy agro-allied businesses, has a team of dedicated agricultural professionals, specialized in various fields of agriculture, and strategically positioned to identify and support agricultural enterprises covering the entire geographical regions of the country with a suite of sector/customer friendly agricultural financing solutions tailored towards the Bank’s support of the sector.
FirstBank has a large base of existing small, medium and commercial agribusiness clients across Nigeria who operate in all segments of the agricultural value chain covering primary production, storage, processing, packaging, and agro-export, etc.
Thus, we can proudly say “Tell us the range of small scale farmers to the largest corporates in the country and beyond and we tell you the range of our agricultural offerings that exist to support”.
FirstBank Agric Expo 2019
The Agric expo brings together stakeholders in the Agric sector, who are eager to explore ways of collaborating to boost the value chain in the sector and improve the financing model for what is noted as a viable industry.
The Agric Expo is part of the banks commitment to supporting agric businesses across the value chain. The Agric Expo launched in 2017 was designed as a lead to national discourse on the economic benefits of sustainable agriculture value-chain as an alternative source of economic development and foreign exchange through export.
The 2018 Agric expo was geared to drive conversations and collaborations that promote sustainable businesses for Agropreneurs, while creating avenues for growth and increased per capita income in the larger economy. Minister of Agriculture and Rural development, Audu Ogbeh, was the special guest of honor at the expo, while Doyin Salami, a Senior Fellow/Associate Professor and full-time member of the Faculty at the Lagos Business School delivered the keynote address on the theme of the day.
The MD, Dr Adesola Adeduntan has said the bank is building a strong alliance with the agro-services sector, manifest in the expo and remained optimistic about the sector’s prospects which has been demonstrated by the bank in its agric schemes.
For the third consecutive year, we will host key stakeholders in the nation’s
agrobusiness space at the FirstBank Agric Expo 3.0.
The expo will feature three (3) Masterclasses aimed at providing in-depth exposition on specific areas of Agricultural business. The classes will be facilitated by enterprising Subject Matter Experts (SMEs) who will share their success stories and experiences in that business segment.
The three Masterclasses shall be on:
- Agricultural Export (targeted at processors and exporters of agricultural commodities)
- Agricultural Innovations (targeted at young people and upcoming agricultural entrepreneurs interested in innovations and trends in agriculture)
- Agricultural Input and Mechanization (spotlighting opportunities in agrobusiness)
The theme for this year’s FirstBank Agric Expo is “Agricultural Value Chain – Spotlighting Opportunities and Managing Risks”