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Business News of Wednesday, 29 December 2021


Microfinance bank donates water facility to Oyo fire station

Bank file photo Bank file photo

Advans La Fayette Microfinance Bank says it has donated a water facility and power generating set to the Oyo State Fire Service to serve the new Gbagi Zone, which is close to the Bola Ige International Market.

The bank’s Marketing Communications and Research Officer, Kehinde Fashua, said in a statement that the donation was part of its Corporate Social Responsibility to support the state government’s efforts in tackling fire outbreaks in the state.

“We are happy to donate this borehole to the fire service. I am certain that the deployment will enhance efficient service delivery and help mitigate the loss of lives and property within the market community in the event of fire outbreak, more so, as the dry season draws closer,” the Managing Director/Chief Executive officer of Advans Nigeria, Mr Gaetan Debuchy, said.

Debuchy noted that the bank was not only interested in carrying out its core business of providing tailor-made financial services to individuals, micro-enterprises and small-scale businesses but also investing in and giving back to its host communities.

The Director of Operations, Oyo Fire Service, Mr Ismael Adeleke, appreciated Advans La Fayette for the gesture, according to the statement.

Recalling the high incidence of fire outbreaks in major markets in the state, Adeleke added that the facility would enhance firefighting operations in Gbagi and environs.