28th February, 2011
Unity Bank Plc has promised to boost agricultural activity in the northern part of Nigeria by providing adequate funds to farmers in the region.
The Kaduna Regional Manager of the bank, Hajia Fatima Usman who drops the hint while addressing newsmen at the bankâ€™s stand at the ongoing 32nd Kaduna International Trade Fair said the gesture will help the farmers in the 19 northern states to return farm.
Hajia Usman further said that the improved financing of agriculture in the region would engender the use of improved farming implements, more coordinated farm holding and high investment that would lead to high income, high savings and better investments for the people of the region.
She mentioned that the products under the new policy include seasonal agricultural loan, livestock production and poultry loan scheme, fish farming loan scheme, produce finance loan facilities granted to grain, groundnut and cotton farmers and agricultural financing under trust fund model targeted at small scale farmers and registered farmer groups who do not have collateral to offer for loans from the bank.
She said the gesture by Unity Bank is geared towardsÂ empoweringÂ teeming unemployed northerner to embraceÂ farming with a view to helping them alleviate poverty andÂ ordinary Nigerians to survive the vagaries of the economy.However, she added that the bank would continue to explore innovative methods of meeting the ever-increasing demands of its customers for financial solutions and advisory services, stressing that it would continue to avail them cutting-edge banking services suited to their financial needs.
BY Femi Adi/Kaduna