Fidelity Bank Plc has stated that it invested approximately N32.7 billion in agriculture projects in 2019.
It also stated that it will continue to build small and medium-sized enterprises’ capabilities in the non-oil exports sector.
According to the bank’s announcement, the credits were given to firms in critical sectors of the economy such as rice, dairy, poultry, oil palm, and cocoa.
It announced that the 11th and 12th editions of its export management program, aimed at strengthening capacity for participation in international non-oil export markets, will be held in the country.
The statement said the session would cover topics including export documentation, selection and implementation of supply chain management for exports, application of export development business processes among others.
The Managing Director, Fidelity Bank, Mrs Nneka Onyeali-Ikpe, said that the bank introduced the EMP in 2016 to bridge the knowledge gap in the export business locally and to help participants compete effectively in the global export market.
She said, “Given the success, we have recorded in the course of the programme and following the yearnings of potential participants, we decided to host an edition of the training in Kano for those who are unable to attend the session in Lagos.
“The benefits of supporting the non-oil sector of the economy cannot be overemphasised given the immense benefits that it provides to the economy and the nation in terms of providing much needed foreign exchange investments, increasing our gross domestic product and employment generation.
“This informs our decision to host the EMP regularly and we enjoin interested entrepreneurs to take advantage of this initiative to take their business to the next level,” Onyeali-Ikpe added.
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