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Heritage Bank, Biase Plantations, PZ Wilmar Sign Pact on Oil Palm Production

HomeHeritage Bank, Biase Plantations, PZ Wilmar Sign Pact on Oil Palm Production
HomeHeritage Bank, Biase Plantations, PZ Wilmar Sign Pact on Oil Palm Production

HERITAGE Bank Plc has signed N232million Pilot phase of Out-growers agreement with Biase Plantations Limited (BPL) and its joint venture partner, PZ Wilmar Limited. The pact was concluded at the bank’s headquarterS, weekend, with the Managing Director/Chief Executive of Heritage Bank, Mr.Ifie Sekibo, represented by Mr. Jude Monye, Executive Director, Business Banking and; Mrs. Adaeze Udensi, Executive Director, Retail & SME Bank signing on behalf of the bank while

The pact was concluded at the bank’s headquarters with the Managing Director/Chief Executive of Heritage Bank, Mr.Ifie Sekibo, represented by Mr. Jude Monye, Executive Director, Business Banking and; Mrs. Adaeze Udensi, Executive Director, Retail & SME Bank signing on behalf of the bank while Mr. Ahmad Mustaffa Goh, General Manager with BPL signed on behalf of his company.

Speaking at the occasion, Sekibo said the need for the partnership became imperative in view of the importance of agriculture to the sustainable development of Nigeria. He said that the initiative was taken to support the effort by the government towards diversifying the aggregate economy.

He assured the management of Biase Plantations Limited that Heritage Bank would not relent in giving the necessary financial and investment advisory support required for the success of the agricultural scheme in different parts of the country, adding that the policy thrust of the federal government is about economic development and diversification.

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http://www.invest-nigeria.com/heritage-bank-biase-plantations-pz-wilmar-...