Ofala Festival: Obi of Onitsha hails Globacom

Posted on October 16, 2023

Globacom’s consistent support for the Ofala Festival of Onitsha since 2011 was on Sunday lauded by the Obi of Onitsha, Igwe Alfred Nnaemeka Achebe.

Addressing his subjects and guests at his palace in Onitsha, Anambra State, the monarch noted that the partnership with Globacom over the years had helped project Ofala as a tourist destination.

“Globacom as our principal partner has remained steadfast with us even with the present economic challenges. We thank them exceedingly and trust that our mutually beneficial partnership will continue to grow”, Igwe Achebe stated.

The company which began sponsoring Ofala in 2011 last year signed a Memorandum of Understanding (MOU) with the palace to extend the partnership for another three years, from 2022 to 2025.

Also at the festival on Sunday, Globacom’s Retail Sales Chief, South East and South South, Augustine-ndu Offor, emphasized the company’s commitment to empowering Nigerians and explained that, by sponsoring Ofala and other key festivals across the country, Glo is empowering communities to preserve and promote their cultural heritage.

According to him, the sustained support of cultural festivals such as Ofala has added economic value to the surrounding regions by leading to the development of tourism.

He explained that it is in line with the vision of empowerment that MoneyMaster Payment Service Bank (MMPSB), a subsidiary of Globacom, was launched this year. MMPSB, through its G kala wallet enables the unbanked and underbanked to use their mobile phones to send, save, collect and deposit their money, thereby empowering the financially excluded in the society.

The 8% interest rate per annum on the G Kala savings account is a good demonstration of the added value the company provides its customers.

Anambra State Governor, Prof. Chukwuma Soludo, who attended the ceremony, praised Igwe Achebe, Onitsha people and the sponsors for their efforts in promoting the festival, adding that it would complement government’s efforts in bringing development to the state.