His Royal Majesty, the Olu of Warri Kingdom, Ogiame Atuwatse III has brokered a partnership with leading financial institution, Stanbic IBTC Bank to provide over 10,000 Point of Sale (POS) machines to the Itsekiri people.
This is in a bid to improve livelihood and increase opportunities for women and youth in the state.
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Ogiame Atuwatse III, who ascended the throne in August 2021, had among other salient issues, cited the growth and prosperity of the people and kingdom of Warri and Delta State at large, as his topmost priority.
His Royal Majesty said: “On behalf of the great people of Warri Kingdom, we are delighted to open the borders of business and investment at this noble level to Stanbic IBTC Bank.
“In a digitalised era where the highly illustrious people of this kingdom transact in significant sums, the supply of these POS machines attached to a pension scheme will go a long way in bringing convenience and safety to both customers and service providers with future financial security in mind.
“The machines will also serve as a means of empowering its recipients with a decent means of livelihood that they can engage as they make progress and expand into other ventures.”
Speaking at the onboarding event, beneficiaries expressed excitement that the Olu in less than six months of the ascension of the throne is already affecting their lives positively.
They stated that he is the glimpse of hope that Deltans have been praying for and a breath of fresh air the Iwere people need.
Nike Bajomo, Executive Director, Business Development, Stanbic IBTC Bank, stated: “We are indeed honoured to be a part of this new era of leadership and progress in Warri.
“We particularly appreciate the trust bestowed on us by our amiable monarch His Royal Majesty, the Olu of Warri Kingdom Ogiame Atuwatse III, in serving as an institutional purveyor of opportunities to the great people of Warri Kingdom.”
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