Sponsored
Banking | Finance

Nigerian Army, GTBank Strengthen Partnership To Advance Troop Welfare

Sponsored
Sponsored

The Chief of Army Staff, COAS, Lieutenant General Waidi Shaibu, has reaffirmed the Nigerian Army’s commitment to strategic public-private partnerships to improve personnel welfare, institutional resilience, and operational effectiveness.

He made this known on Thursday, 30 July while receiving a delegation from Guaranty Trust Bank, GTBank, led by its Executive Director, Mr. Ahmed Liman, during a courtesy visit to Army Headquarters in Abuja.

The COAS described GTBank as a dependable institutional partner whose financial services continue to support the Nigerian Army’s transformation drive by promoting financial inclusion, improving administrative efficiency, and enhancing the welfare of personnel.

He noted that with Presidential approval for increased recruitment and the ongoing expansion of the Nigerian Army, there is need for a responsive, technology-driven banking system to provide seamless financial services to personnel across formations nationwide.

General Shaibu commended GTBank’s leadership in digital banking and expressed confidence that a stronger partnership would further improve service delivery while supporting the Army’s operational readiness.

In line with the Nigerian Army’s “Soldier First” welfare philosophy, the COAS urged GTBank to expand its Corporate Social Responsibility initiatives to include support for wounded-in-action personnel, widows and orphans of fallen heroes.

He also requested the deployment of Automated Teller Machines, ATMs, to newly established and remote military barracks to improve access to banking services, reduce unnecessary troop movement, and enhance operational responsiveness.

Earlier, the Executive Director of GTBank, Mr. Ahmed Liman, applauded the Nigerian Army for its commitment to defending Nigeria’s sovereignty and safeguarding citizens.

He reaffirmed the bank’s readiness to deepen collaboration by providing tailored financial solutions that support the Service’s operational and administrative requirements, while ensuring full compliance with the Treasury Single Account, TSA, policy.

Mr. Liman highlighted GTBank’s specialised services for government institutions, including dedicated trade desks for processing Letters of Credit to facilitate defence procurement, secure digital platforms for salary administration and contractor payments, and institutional funds management solutions.

He also presented the bank’s military-focused products, notably the GT Patriot Account, which provides waived banking charges and concessionary lending rates for personnel, as well as GT Pensions Management services designed to optimise Retirement Savings Accounts and enhance long-term financial security for Nigerian Army personnel.

Sponsored
Funsho Arogundade

Recent Posts

Namibia’s Honorary Consul Denies Charging Dangote $1m To Meet President

Namibia’s Honorary Consul in Nigeria, Justin Chuma Anosike, has denied allegations that he invoiced Nigerian…

1 hour ago

Comrade Dauda Distributes Food Palliatives To 1,000 Ikeja Residents To Mark First Anniversary

ADEOLA OGUNLADE  The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD), has…

2 hours ago

Nigerian Youngsters Shine As FCV International Record 4-1 Win In London

Three Nigerian youngsters, Raheem Salaudeen, Fawas Ayomide Adeleke and Obiora Jacob Iyida, were on parade…

3 hours ago

EFCC Arraigns FCMB Staff, Accomplice Over Alleged $25,000 Credential Deal

The Economic and Financial Crimes Commission, EFCC, on Wednesday arraigned two men before the Federal…

4 hours ago

Zamfara Hosts Police Security Summit As Gov. Lawal Vows ‘No Negotiation With Bandits’

Governor Dauda Lawal has emphasised that bandits who refuse peace and threaten innocent people must…

4 hours ago

Access Bank Approaches Court Over Alleged N1.34bn Lost To Fraud

Access Bank Plc has approached the Federal High Court in Lagos to recover an alleged…

6 hours ago
Sponsored