first bank first bank first bank
Naija News NG
  • Home
  • Nigerian News
  • Banks
  • Nigerian Celebrities
  • TECH
  • Business
  • Politics
  • Jobs And Recruitments
No Result
View All Result
  • Home
  • Nigerian News
  • Banks
  • Nigerian Celebrities
  • TECH
  • Business
  • Politics
  • Jobs And Recruitments
No Result
View All Result
Naija News NG
No Result
View All Result
  • Home
  • Nigerian News
  • Banks
  • Nigerian Celebrities
  • TECH
  • Business
  • Politics
  • Jobs And Recruitments
Home Banks

Heritage Bank, 5 others receive FG’s letter of engagement to open 774, 000 SPW beneficiaries’ accounts

Paschal Obi-Chikero by Paschal Obi-Chikero
October 6, 2020
in Banks
Heritage Bank, 5 others receive FG’s letter of engagement to open 774, 000 SPW beneficiaries’ accounts

Following its commitments to teeming entrepreneurs and youths’ empowerment, Heritage Bank Plc, Nigeria’s Most Innovative Banking Service providers has been engaged by the Federal Government to commence account opening for beneficiaries of the Special Public Works Programme through-out the 774 local governments.

Also, five other financial institutions- Zenith, UBA, Access, Fidelity, FCMB are part of the banks appointed to engage in this exercise.

The Minister of State for Labour and Productivity, Festus Kenyamo announced issuance of letters of engagement to six Nigerian banks to commence account opening with Bank Verification Numbers (BVN) for the 774,000 participants of the SPW Programme in their branches, through-out the 774 local governments.

The information was disclosed via the verified Twitter handle of the minister.

Recall that 1,000 participants were drawn each from the 774 local government areas in Nigeria for the Special Public Works Programme. In response to the nature of diversity and remoteness of some participants, the minister allayed the fears of missing out from the registration by the beneficiaries, stating that it has gotten assurance from the banks that even in places where they have no physical presence or branch, registration centers would be provided; hence participants don’t need to travel far.

The minister said, ‘‘The banks assured us that even in LGAs where they don’t have branches, temporary registration centers would be opened in such LGAs so that the participants would not have to travel far to open their accounts”.

The minister further remarked that the breakdown of banks taking care of each of the LGAs will soon be published.

Explaining the core areas of the SPW programme, Kenyamo said, “Special Public works department is one of the four (4) core focus of the NDE. It seeks to identify and optimize employment opportunities that abound in the public works sector by organizing the skilled, un-skilled and semi-skilled persons that are unemployed to carry out utility, environmental, infrastructural development and sanitation works.

Speaking on this development, the MD/CEO of Heritage Bank, Ifie Sekibo stated that engaging the bank on such arrangement was a demonstration of Heritage Bank’s commitment to using financial inclusion to boost entrepreneurship development, which is critical to its mission to create, preserve and transfer wealth across generations.
He reiterated the bank’s commitment on investing in human capital development, especially entrepreneurs for critical economy recovery.

Expressing Heritage Bank’s feats in the areas of innovativeness in the aspect of empowering Nigerians- entrepreneurs and youths alike for economic growth, Sekibo explained, “On the economic level, you know that entrepreneurship drives employment, it drives social change, so we are really doing it for both social and economic change.”

Meanwhile, he reiterated that the bank had continued to make efforts to lead the recovery of the Nigerian economy through championing several empowerment schemes like HB Lab, The Next Titan, Youth Innovative Entrepreneurship Development Programme (YIEDP), Centre for Values in Leadership (CVL) on Young Entrepreneurship Business Training Programme (YEBTP), Young Entrepreneurs and Students (YES) Grant and Nigerian Youth Professional Forum (NYPF), amongst others.

Sekibo further explained that Heritage Bank’s various entrepreneur schemes in the support for business had always focused on dependable job-creating sectors, such as agricultural value chain (fish farming, poultry, snail farming), cottage industry, mining and solid minerals, creative industry (tourism, arts and crafts), and Information and Communications Technology (ICT).

He restated that the aim of Heritage Bank being at the forefront of youth empowerment is to emancipate the latent entrepreneurial spirit in the teeming youths to unleash their support to the growth of the economy

Related

Previous Post

Why Winning Ondo Guber Election Will Affect 2023 Election – Atiku

Next Post

My Staff Was Paid To Kill Me With Poison – Mr Ibu Reveals

Paschal Obi-Chikero

Paschal Obi-Chikero

I am Paschal Ogechi Obi-Chikero . I have written and published three books, I wrote Festus Keyamo's biography- Lion In Isolation. I have been a Reality TV show Producer/Creator, Copywriter, Actor, and Film Script Writer.

Next Post
My Staff Was Paid To Kill Me With Poison - Mr Ibu Reveals

My Staff Was Paid To Kill Me With Poison - Mr Ibu Reveals

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Trending Stories

100 Happy New Month Of December Messages

100 Happy New Month Of December Messages, Wishes & Prayers For All

Igboland Is Not Landlocked, She Has The Deepest And Fastest Access To The Atlantic Ocean

Igboland Is Not Landlocked, She Has The Deepest And Fastest Access To The Atlantic Ocean

Alleged N200 Billion OmegaPro Scam: Your Threats Will Not Silence Me, Banwo To Daniel Onoja, OmegaPro Diamonds

Alleged N200 Billion OmegaPro Scam: Your Threats Will Not Silence Me, Banwo To Daniel Onoja, OmegaPro Diamonds

Nigerian Woman, Idala Ogufere, Who Conquered Eclampsia Reveals Easy And Natural Ways To Beat It

Nigerian Woman, Idala Ogufere, Who Conquered Eclampsia Reveals Easy And Natural Ways To Beat It

peter obi

Demolishing houses of Nigerians at this time is multiplying hardship- Peter Obi

1004 ESTATE RESIDENTS DECRY DECLINE IN STANDARD

1004 ESTATE RESIDENTS DECRY DECLINE IN STANDARD

50 Happy New Month Messages, Prayers, Wishes For July

50 Happy New Month Messages, Prayers, Wishes For July

SAME-SEX MARRIAGE: Tinubu to sign agreement with EU

SAME-SEX MARRIAGE: Tinubu to sign agreement with EU

Heritage Bank, 5 others receive FG’s letter of engagement to open 774, 000 SPW beneficiaries’ accounts

Heritage Bank, 5 others receive FG’s letter of engagement to open 774, 000 SPW beneficiaries’ accounts

The Binis Founded Lagos - Oba Of Benin Says In Front Of Sanwo-Olu

The Binis Founded Lagos – Oba Of Benin Says In Front Of Sanwo-Olu

Latest Stories

Nigerian Woman, Idala Ogufere, Who Conquered Eclampsia Reveals Easy And Natural Ways To Beat It

Nigerian Woman, Idala Ogufere, Who Conquered Eclampsia Reveals Easy And Natural Ways To Beat It

Igboland Is Not Landlocked, She Has The Deepest And Fastest Access To The Atlantic Ocean

Igboland Is Not Landlocked, She Has The Deepest And Fastest Access To The Atlantic Ocean

peter obi

Demolishing houses of Nigerians at this time is multiplying hardship- Peter Obi

The Big Break Moment unveils Spectacular Rewards Worth Over 30 Million naira for Season 2 Reality Show

The Big Break Moment Season 2: N30m, SUV, And Other Mouthwatering Rewards Up For Grab

Primate Ayodele

How Primate Ayodele Foretold Attacks On Military Barracks In Sierra Leone

1004 ESTATE RESIDENTS DECRY DECLINE IN STANDARD

1004 ESTATE RESIDENTS DECRY DECLINE IN STANDARD

Video of Naira Marley, Sam Larry And Zinolesky Goes Viral

Video of Naira Marley, Sam Larry And Zinoleesky Goes Viral

Zenith Bank

ZENITH BANK SIGNS MOU WITH THE FRENCH GOVERNMENT FOR THE ESTABLISHMENT OF A SUBSIDIARY IN FRANCE

The Binis Founded Lagos - Oba Of Benin Says In Front Of Sanwo-Olu

The Binis Founded Lagos – Oba Of Benin Says In Front Of Sanwo-Olu

Dollar Tumbles Against Naira At Parallel Market

Daily Forex Turnover Rises By 32 Percent, Hits $100.06m

  • About Us
  • Naija news today
  • Contact us
  • PRIVACY POLICY

Copyright © 2022. DEP & MARVEL COMMUNICATION , Naijanewsng.com | All Right Reserved.

No Result
View All Result
  • Home
  • Nigerian News
  • Banks
  • Nigerian Celebrities
  • TECH
  • Business
  • Politics
  • Jobs And Recruitments

Copyright © 2022. DEP & MARVEL COMMUNICATION , Naijanewsng.com | All Right Reserved.