First Bank Supports Education Sector with Over N10bn
First Bank of Nigeria Limited has said it committed to supporting different sectors of the economy, including education which is vital to the growth of the country.
According to statement from the financial institution it supported education sector with over N10 billion loans in 2019.
The Group Executive, e-Business & Retail Products, First Bank of Nigeria Limited, Chuma Ezirim, said, “With FirstEdu, private schools across the various tiers of education in Nigeria; elementary, secondary and tertiary, have the right tool to boost their business to the level they desire.
“We are pleased to have already disbursed over N10 billion loans to schools in one year and we would continue to support growth in this key sector of the economy.
“At First Bank, we identify with the impact of the educational sector on the socio-economic activities of the country and importantly the lives of everyone,” he noted.
Ezirim said the bank remained committed to supporting schools as education was the core and root factor at enabling growth of the economy.