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Sterling Bank, EAS Empower SMEs for  Sustainable Exports

POSTED ON April 2, 2024 •   BUSINESS & ECONOMY      BY Abiodun Saheed Omodara
Sterling Bank Tower l Credit: Sterling Bank l Source: Google

Sterling Bank Limited is partnering with Export and Sell Nigeria Limited (EAS) to boost the Small and Medium Scale Enterprises (SME) operators into the realm of scaleable exports.

The Group Head of Agric and Solid Minerals Finance at Sterling Bank, Dr Olushola Obikanye,  during an intensive four-day capacity-building boot camp for  130 export-ready business participants, cited three pivotal factors crucial for the flourishing of the agricultural sector in Nigeria to flourish. 

Obikanye underscored Nigeria’s need to ensure that domestically produced goods secure access to well-structured markets primed for their uptake, affirming the bank’s unwavering commitment to collaborative endeavours aimed at co-creating products and devising innovative solutions to bolster the private sector’s vitality within the agricultural domain.
He said that given agriculture’s significant GDP contribution, SMEs represent the most viable intervention avenue in the sector, transcending traditional industry players.”
The Head of the Commercial Banking Division at Sterling Bank, Mr Akporee Idenedo, revealed the bank’s broader vision, highlighting its aspiration to foster wealth creation and enrich livelihoods through proactive initiatives.
“Our conviction lies in the belief that nurturing entrepreneurship leads to wealth generation, and our export conference serves as a pivotal avenue to realise this vision. Given agriculture’s intrinsic link to exports, this platform underscores our commitment to empowering lives, generating wealth, and contributing to Nigeria’s socio-economic advancement, “he said.
The Head of SME Products at Sterling Bank, Bolanle Tyson, shed light on the boot camp session as a follow-up to the inaugural “Export to Wealth” conference, a collaborative effort between the bank and EAS.
She revealed that the extensive participation in the event exemplifies the burgeoning interest among businesses eager to tap into export opportunities, highlighting the meticulous review of participants’ products to ensure compliance with export and import standards.

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