Polaris Bank has expressed its commitment to partner with Millwater to provide uninterrupted power to industrial clusters in Nigeria, contributing to the country’s industrialization drive.
While giving the assurance on the sidelines of the recent Agbara Business Roundtable held in Agbara, Ogun State, The bank’s Executive Director, Lagos & Corporate Banking, Chinwe Iloghalu, who represented the Bank’s Managing Director/CEO, Adekunle Sonola affirmed their readiness to fund the Light Up Nigeria project, led by Millwater Limited in collaboration with the Niger Delta Power Holding Company (NDPHC).
Polaris Bank is serving as the financial partner to Millwater, an entity created to work with the NDPHC on the Light Up Nigeria project, which aims to provide reliable electricity to industrial clusters in Nigeria. The project aligns with the government’s efforts to ensure adequate power supply to industrial zones across the country.
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At the same event, Vice President Kashim Shettima reiterated the government’s commitment to provide sufficient electricity to industrial clusters. He acknowledged the importance of supporting industries like Agbara with affordable and reliable power sources.
Polaris Bank’s involvement in this initiative reflects its dedication to supporting key players in the energy sector and contributing to the nation’s development. The bank has played a pivotal role in various projects that enhance Nigeria’s energy sector and economic growth.
The Light Up Nigeria project was launched to ensure dedicated power supply to industrial clusters, starting with the Agbara Industrial Estate. Polaris Bank is recognized for its commitment to providing industry-defining products and services across various sectors of the Nigerian economy.
