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Thursday, January 6, 2011

Latest : First Bank offers loans to Osun State cooperatives

First Bank Plc  has offered to provide agricultural loans to cooperatives societies in Osun State, and  training kits for all volunteers who  participate in the Osun Youth Empowerment Scheme (OYES).
The scheme was introduced by the Osun State Governor, Mr. Rauf Aregbesola to provide job for 20,000 youths within 100 days of taking office.

The Group Managing Director of First Bank Plc, Mr. Bisi Onasanya who made this known in Osogbo yesterday while paying a courtesy call on Governor Aregbesola in his office added that the full weight of the elephant would be thrown behind the Osun State Government.
“The First Bank is providing the kits for the training the 20,000 youths who are participating in the Osun Youth Empowerment Scheme (OYES). That is one example of the numerous things that we are working together with the state government to do”, he stated.
Onasanya went further to state that the bank would provide agricultural loans to co-operative societies for farmers, mechanics, drivers and other artisans to provide necessary tools to perform better in their various trades.
His words: We are also providing agricultural loans to various co-operative for farmers, mechanics, and drivers so to enable them buy the necessary tools that they need to carry out their various professions and tools that they need to till the ground for agricultural practices as co-operative societies”.
The bank executive added that what the First Bank has decided to do was huge in size saying “It is a whole gamut of things that we want to do. We are not here as bankers but as financial partners to the state government which is the difference between us and the other smaller banks”.
Onasanya described Governor Aregbesola as a man who had been tested and tried from his past service in Lagos State as a Commissioner adding that his team would partner with the new administration to make life better for the people of Osun State.
Responding, Governor Aregbesola expressed joy at the offer made by the First Bank in expressing support for his administration adding that it was an assurance that better days are  ahead for the people of Osun State.
The Governor explained that the visit was a green light showing clearly that the level of development desired by his administration would be attained while from Osun State, the black man could be proud to say that he has a place in the comity of nations.
An obviously elated Governor Aregbesola declared that “We have all along been making assertions to revamping the economy, repositioning the state and putting development as the major focus of our administration. With the support that we have heard from the Group Managing Director of First Bank, it is a question of time for the whole world to know that from this small space, the black man can arise and say yes, we have arrived”.

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