Independent African news, markets, culture and politics.
Media Talk Africa Live rates
1 min read

Union Bank, firm back farmers

Tropical General Investments Group (TGI) announced that it has entered into a collaborative arrangement with Union Bank of Nigeria Plc, […]

Media Talk Africa default story image

Tropical General Investments Group (TGI) announced that it has entered into a collaborative arrangement with Union Bank of Nigeria Plc, through its subsidiary WACOT Rice Limited, to open bank accounts for approximately 7,000 farmers in rural Kebbi State. The company said the initiative aims to promote financial inclusion and integrate these beneficiaries into Nigeria’s growing digital economy.

Sadiq Kassim, TGI’s Group Director of Corporate Affairs, made the announcement in Abuja during a panel discussion at the recently concluded seminar on the digital economy organized by the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture. The seminar, themed “Promoting a vibrant economy as a catalyst for economic growth in Nigeria,” highlighted the importance of digital transformation for the country’s development.

Kassim explained that a core philosophy of the TGI Group is to operate within communities as a partner for growth and development. “On the documentation side, we worked with Union Bank and partnered with the Ministry of Digital Economy to set up NIN registration in designated centers in the communities. We also collaborated with various local governments to assist with government‑issued ID cards. With these facilities in place, within a few weeks we were able to capture the necessary data and open bank accounts for the farmers, who are now part of the digital economy.”

Ifunanya

Unearthing the truth, one story at a time! Catch my reports on everything from politics to pop culture for Media Talk Africa. #StayInformed #MediaTalkAfrica

Comments are closed for this story.

Scroll to Top