In line with the emorandum of UnderstandingÂ (MOU) entered into by both parties, Oceanic Bank, last weekend, fulfilledÂ its own side of the agreement with N18 million lifeline to the Delta State Football Association to organise this yearâ€™s edition of the Federation Cup.
The Federation Cup which before now was known as the Challenge Cup remains the most glamorous and protected tournament of the Delta State FA which is witnessing its eleventh year of Oceanic Bankâ€™s exclusive sponsorship.
In a brief ceremony at the Bankâ€™s corporate headquarters in Victoria Island, Lagos, the Chairman of the Delta State Football Association, Mr. Amaju Melvin Pinnick, thanked Oceanic Bank for living up to its high billings of a socially responsible financial institution.
Mr. Pinnick, who is also the Executive Chairman of the Delta State Sports Commission, revealed that the football sponsorship history which Oceanic Bank has with the Delta State FA is the longest and most consistent in the country.Â Said he: â€œthis is the eleventh year of our partnership with Oceanic Bank for football development, not only in our dear state but also in Nigeriaâ€.
Also speaking at the ceremony, the Managing Director/CEO of Oceanic Bank, Mr. Jonh Aboh, praised the resilience and the high professional pedigree which has been exhibited by the Delta State FA over the years.
Mr. Aboh also praised the Delta FA under Mr. Pinnick for running the game of football professionally by isolating government funding of the Federation Cup thus far and in a transparent manner.
Mr. Aboh expressed the hope that the Federation Cup would provide a platform for our youths to channel their Godâ€™s given talents and energies into more productive ventures.
Meanwhile, over fifty youth clubs cutting across communal and ethnic divides in Delta State are warming up for this yearâ€™s edition of the Federation Cup.
According to usually impeccable sources, the Secretariat of the Delta Football House has introduced new innovations into this yearâ€™s edition of the Federation Cup â€œto make the championship attractive to participating teams and heartwarming to our sponsors”.