Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has partnered the United Nations on an initiative to provide seed funding for women across the six geopolitical zones of Nigeria and the Federal Capital Territory. This is in furtherance of the organisation's commitment to enhancing food security and providing employment for women in Nigeria across the agricultural value chain.

The UN initiative, tagged "The UN Women Project", was borne out of the need to provide economic empowerment for women and close the gender gap in agricultural productivity and incomes while increasing their access to resources and markets. With a total budget of $40,000,000 for five years from 2019 to 2023, the initiative targets six states namely Ogun, Ebonyi, Cross River, Niger, Bauchi, and Sokoto as well as the FCT.

In line with the objectives of the Federal Government's Economic Recovery and Growth Plan (ERGP 2016-2020), the UN Women collaborated with three sister UN agencies which are the Food and Agriculture Organization, International Labour Organisation and United Nations Industrial Development Organization (UNIDO).

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