June 22, 2021

Hope PSBank collaborates with FG to create 77,400 Jobs


By Princewill Ekwujuru

Hope Payment Service Bank, PSBank,  a subsidiary of Unified Payment Services Limited and Nigeria’s premier digital bank, is collaborating with the Federal Government through the Ministry of Labour and Productivity to create 77,400 jobs across Nigeria.

The employment opportunity is part of the exit strategy of the Federal Government’s Special Public Works Programme being executed alongside the bank by empowering 100 Nigerians in each of the 774 local governments in the country.

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Speaking at the official kick-off of the collaboration in Abuja, the Managing Director of the bank, Mr. Ayotunde Kuponiyi, said the bank serves as an enabling platform that would interface with 77,400 beneficiaries selected from the Special Works Programme of the FG for self-employment.

Kuponiyi stressed that the focus of the collaboration is geared towards empowering beneficiaries through the agency banking platform in carrying out financial services such as account opening, bills payments, fund transfer, cash in/cash for Nigerians while they earn commission in return with just the use of their smartphones.

Also speaking, the Minister of State for Labour and Productivity, Mr. Festus Keyamo (SAN) explained that the Federal Government is committed to creating employment opportunities for the people adding that this collaboration is one in a long list of activities taken up by the government to address the poverty and unemployment gap in Nigeria.

“We appreciate the willingness on the part of Hope Payment Service Bank to use its platform to solve the unemployment issue in Nigeria through this initiative. We are very excited and confident that this would help to reduce poverty in the land”, Keyamo said