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Why Investors will come to Ogun – First Bank GMD

The Ogun State governor, Prince Dapo Abiodun will be a major reason for investors to choose the State for their businesses, according to the Group Managing Director of First Bank Plc, Dr Adesola Adeduntan.

He said his pedigree as a “private sector player will inspire confidence in other private sector people to come. We trust you and will do everything to drive investment to Ogun State under your watch. We know you will protect investors and ensure profitability of ventures brought to the Gateway State”

Governor Abiodun commended First Bank for rebranding itself and moving from the analogue it used to be known for to a digitally compliant bank.

Prince Dapo Abiodun who gave the commendation in his Oke Mosan office, Abeokuta, while playing host to the management team of the bank, said he believed that if his administration could live up to its vision of creating an enabling environment for public private partnership, it could lead to the economic prosperity of the state, adding that: “if the state prospers, the people would also prosper”.

He noted that his administration would require the support of the financial institution at re-positioning and rebranding its security network, adding that to ensure the economic progress of the state, security must be looked into.

” We take the issue of security very serious and that we are going to require your support and partnership,we cannot say we want to increase the ranking of Ogun State on the global list of doing business index if there are kidnapping, armed robbery all over the place, we need to have a peaceful and secured state and we are deeply committed to that.

He reiterated the Government’s commitment to rebranding “our security trust fund and it will be dominated by people like yourselves so that there will be trust and corporate governance issues will not be questioned, so that they will function independently and spend the funds contributed judiciously, ” he said.

The governor noted that his administration want to ensure adequate access to the state and also be able to move people between Ogun state and other states, adding that the state intends to make use of its proximity to other states and provided services that Lagos, Oyo,Osun Ondo and Ekiti needs

Abiodun also disclosed that his administration was looking at constructing and rehabilitate roads that share border with neighboring states, adding that the government would soon award the construction of the Ijebu Ode and Epe road.

” We are looking at how to immediately begin reconstruction of roads that are between us and the adjacent states, very soon we are going to award the expressway that will take us from Ijebu – Ode to Lagos, via Epe that has being half built , we are looking at other border roads , we are looking at parallel roads to the expressway because we believe that if we can increase the relative ease with which we move between Lagos and Ogun, people will be more likely inclined to live in Ogun and work in Lagos,” he said.

Earlier Dr. Adedutan, had hinted on the centrality of Ogun State to the bank’s operations.

He disclosed that out of the over 28,000 agent network the bank has in the country, 1,800 was registered in the state, adding that the financial institution was ready to render its services for the state and its people.

Adedutan who disclosed that the bank which currently has 13 branches in the state was poised to taking the people out of poverty, adding that “with economic empowerment comes hope and reduction in criminal activities across the country”.

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Why Investors will come to Ogun – First Bank GMD
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