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Gov Idris lauds First Bank, says mining investment underway


The Kebbi State Government is partnering with the First Bank Nigeria Plc. on industrialisation and other sectors of the economy to accelerate the human and infrastructural development agenda of the incumbent administration.

Governor Nasir Idris gave this indication while hosting the Managing Director of the Bank, Mr. Olusegun Olabiyesu, who visited him at the Government House, Birnin Kebbi on Wednesday.

Idris noted, “Kebbi State Government desires partnership with the First Bank to execute projects.

“Kebbi is open for investment and investors. We are ever ready to do everything humanly possible to touch the lives of our people with a positive impact.

“My administration has started well in all facets of development. You can see things for yourself when you drive through the state capital, Birnin Kebbi.

“I acknowledge the intervention of First Bank in the establishment of WACOT Rice Mill, Argungu, which is a very massive investment.

“We plan to push ahead and consolidate on our policy thrust of economic growth and prosperity,” Governor Idris further explained.

Earlier, the Managing Director of First Bank informed his host that he was in Kebbi to finalise the agreement on partnering with Kebbi on mining investment.

“First Bank was a partner in the setting up of the first and second phases of WACOT Rice Mill, Argungu.

“The bank has the largest number of branches nationwide with over 200 that spreads across development entails partnership.

“But there’s no development without the involvement of the government because all approvals are granted by the government, which also provides infrastructure and is the largest employer of labour.

“The bank is poised to go into joint venture with Kebbi because the state is highly peaceful, Governor Nasir Idris is a man of integrity, forward looking, so our visit is to move the Kebbi agenda to greater heights,” Olabiyesu stressed.

Speaking to journalists afterwards, the MD announced that the bank’s foreign partners would visit Kebbi to hold discussions on mining in recognition of the rich endowment of the state in solid minerals resource.

“Firdt Bank will further explore areas of cooperation with Kebbi on the establishment of textile industry, roads, water, electricity supply, including solar power for economic development and industrialisation.

“Kebbi is blessed with functional international airport which adds impetus to attracting investment, facilitating socioeconomic growth and wealth creation,” Olabiyesu further remarked.

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