Cross River partners Zenith Bank to boost agricultural value chain policy

August 13, 2019
292 Views

The efforts of Governor Ben Ayade to industrialise Cross River State through its agricultural value chain policy got a major boost with the announcement of a partnership between the state government and Zenith Bank.

This followed a visit by the management of the bank led by its Group Managing Director and Chief Executive Officer, Mr. Ebenezer Onyeagwu to the various agricultural-processing factories located at the Ayade Industrial Park in Calabar.

Speaking to newsmen after touring the factories, Onyeagwu said Ayade deserves commendation for his foresight, initiative and determination to create an economy for the state through industrialization.

According to him: “The essence of all of these factories is what we have been talking about in this country.

“What I have seen here are factories that are not just integrated but are also properly linked with the ecosystem.”

He said beyond partnering with the state to deepen the agricultural value chain efforts of the government, his bank is willing to also provide advisory support services to the government.

Read Also: Cross River to recover N700m debt from cocoa farmers

“When the projects grow and get into incubation level, we could start looking at providing and supporting the government with advisory services to diversify and expand the ownership and move it to private sector that would manage it,” he said.

On economic impact of the Ayade industrialisation policy, the Zenith bank boss expressed optimism the projects would create jobs, put food on the table and help raise the people’s standard of living.

“It would help change the economic narrative of Cross River and Nigeria as a country. I think Governor Ayade deserves commendation,” Onyeagwu stated

While expressing his joy at the collaboration between his state and the bank, Governor Ayade used the occasion to disclose he had signed a contractual deal with John Del of USA via Tata to supply the state with equipment for land clearing and soil preparation in furtherance of his Agro- Industrialisation drive.

You may be interested

‘I’m Incredibly Proud’– Arokodare Talks Up Genk’s Unbeaten Home Streak
Sports
Sports

‘I’m Incredibly Proud’– Arokodare Talks Up Genk’s Unbeaten Home Streak

Webby - December 23, 2024

Tolu Arokodare is full of excitement followingGenk’s historic victory over Anderlecht, reports Completesports.com.Sunday’s win at the Cegeka Arena was the…

WAFU B U-17 Girls Cup: Ghana Edge Gallant Flamingos On Penalties In Final
Sports
1 views
Sports
1 views

WAFU B U-17 Girls Cup: Ghana Edge Gallant Flamingos On Penalties In Final

Webby - December 22, 2024

Despite a spirited performance Nigeria’s Flamingos lost on penalties to hosts Ghana on penalty shootout in the final of the…

Bournemouth Equal Burnley’s Old Trafford Feat After 3-0 Win Vs United
Sports
Sports

Bournemouth Equal Burnley’s Old Trafford Feat After 3-0 Win Vs United

Webby - December 22, 2024

Bournemouth’s 3-0 win against Manchester United on Sunday meant the Cherries equaled Burnley’s feat at Old Trafford.United went into the…

Leave a Comment

Your email address will not be published.