Zenith uses N35M to sponsor Basketball League

Zenith uses N35M to sponsor Basketball League

Zenith Bank plc has committed N35m to the sponsorship of the 2017 Zenith Bank Basketball League scheduled to commence on April 10 in Abuja.

The Deputy Managing Director of the bank, Ebenezer Onyeagwu, disclosed this to newsmen on Tuesday at the Zenith Corporate headquarters in Lagos where he said the development of the basketball game over the years was a delight to the organization.

Read also: Shareholders approve Zenith Bank’s N63.4bn Dividend

Onyeagwu said: “We take sports seriously and that is why we have been with basketball for this long period. It is a delight that many of the players have developed to represent Nigeria at international competitions and that is a success story for us.

“There have been testimonies of players discovered through the league who are now playing abroad. This has given us joy that the initiative we started from humble beginning has grown to become a very big league.

“We will continue to support the initiative, we have already signed on for the next three years, for as long as we see the continued professionalism there, we don’t see reason why we will stop the relationship because you don’t stop a winning team. We believe our collaboration is a winning one and our youths have now got commitment and we can only but make it bigger.”

The President of the Nigeria Basketball Federation, Tijani Umar, however thanked the sponsors for having faith in the federation.

“It is not very easy for partnership to be together for so long, I really want to thank Zenith Bank for standing by us for the past 13 years till this moment. I was privileged to be a board member when it all started in 2005 and remarkably, it has been moving from strength to strength.

“In the eight years God has given me the opportunity to lead the board, it has blossomed, and today, I am part of the success story of the Zenith Bank’s sponsorship of the national women basketball league.

“When we started, we have five teams competing, but after 13 years, we now have 18 teams competing which shows how far we have gone.”

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