SCOA secures N15.5b from Unity Bank, six others for road project | The Guardian Nigeria News - Nigeria and World News

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ICYMI: SCOA secures N15.5b from Unity Bank, six others for road project | The Guardian Nigeria News - Nigeria and World News

The facility is being extended to SCOA Nigeria Plc for the importation and supply of 33 trucks and equipment to be deployed for the construction of the roads being handled by Julius Berger Nigeria Plc.

SCOA is exploring a total of N17 billion credit line through its motor and equipment subsidiaries for the project. “I commend Unity Bank, the managing director and members of the executive management; and the entire team of banks who have worked closely with us on this project,” he said in a statement.

Commenting during the official handover ceremony of the equipment to Julius Berger, the Managing Director/CEO of Unity Bank, Tomi Somefun, stated that the involvement of the bank in the project was in line with its strategic business objective to redistribute resources and channel funds to critical sectors of the economy.

 

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