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Kebbi partners First Bank on industrialization, economic development

By: John Bassey.

The Kebbi State Government is partnering with First Bank of Nigeria Plc to drive industrialization and enhance economic growth across key sectors, aligning with the administration’s vision for human and infrastructural development.

Governor Nasir Idris disclosed this during a courtesy visit by the Managing Director of First Bank, Mr. Olesegun Olabiyesu, at the Government House, Birnin Kebbi, on Wednesday.

“The Kebbi State Government is eager to collaborate with First Bank to execute critical development projects,” the Governor stated. “We welcome investors and are committed to doing everything possible to positively impact the lives of our people.”

He added, “My administration has made significant progress across various sectors. A drive through the state capital, Birnin Kebbi, will reveal the transformation taking place.”

Governor Idris commended First Bank’s role in the establishment of the WACOT Rice Mill in Argungu, describing it as a major investment in the state. “We plan to consolidate and expand our economic agenda to achieve sustained growth and prosperity,” he affirmed.

In his remarks, Mr. Olabiyesu said his visit was to finalize partnership discussions with Kebbi State.

“First Bank was instrumental in the establishment of the first and second phases of the WACOT Rice Mill in Argungu,” he said. “With over 200 branches nationwide, we understand that development thrives on partnership.”

He emphasized the pivotal role of government in driving development, citing its control over approvals, infrastructure provision, and employment.

“We are ready to embark on joint ventures with Kebbi State. The peaceful environment and Governor Idris’ integrity and vision make the state an attractive destination for investment.”

Speaking to journalists, Mr. Olabiyesu revealed plans for the bank’s foreign partners to visit Kebbi for discussions on mining, noting the state’s rich deposits of solid minerals.

He also highlighted other potential areas of collaboration, including the establishment of a textile industry, road infrastructure, water supply, and solar power projects to support industrialization and economic development.

“Kebbi’s functional international airport adds great value in attracting investments and promoting socioeconomic growth,” he added.

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