Creative Industry

Sterling Bank Administers 2ndPhase Low-Interest Facility To 2021 Tourism Entrepreneurs In Ekiti

Published

3 years ago

May 24, 2021

Standing tall to its mission of empowering the low cadre tourism entrepreneurs in Ekiti State with the low-interest facility, Sterling bank on Wednesday 19 May 2021 in Ado Ekiti, credited the accounts of 202 tourism entrepreneurs in Ekiti – State, Nigeria.

The disbursement of the loan was the 2nd phase of the Sterling Bank Tourism Development Fund Initiative, a product planted by Sterling bank which and facilitated by the Office of the Senior Special Assistant to the Governor of Ekiti State on Tourism Development, Ambassador Wale Ojo – Lanre to make fund available to tourism practitioners to boost their trade and expand their business.

At the disbursement ceremony held at the Conference Hall of Ekiti State Ministry of Women Affairs, Block V, Lot II, Ekiti State Secretariat , Prof Rasaki Ojo – Bakare, Ekiti State Commissioner for Arts, Culture and Tourism, who was the Special Guest at the event, said that Governor Kayode Fayemi was keenly interested in boosting the economic activities of all stakeholders within the ambit of arts, culture tourism, hence, seeking a way of opening doors of financial platforms where the practitioners can leverage on low interest facilities.

He praised Sterling Bank for its interest in the development of arts, culture and tourism sector and called on the beneficiaries to make judicious use of the loan adding that it would not only shore up the economy of the state but put them in a firmer financial stead to expand their businesses.

He commended the Senior Special Assistant to the Governor of Ekiti State on Tourism Development, Mr Wale Ojo – Lanre for his innovative tendencies at driving the tourism sector in Ekiti state not only for visibility but economic viability while lauding the synergy between the Office of the SSA Tourism Development, Bureau of Employment, Labour and Productivity being led by Mr Lanre Ogunjobi and the Special Assistant to the Governor on Informal Sector, Mr Oroya Aladeloye on this scheme.

Mr Shina Atilola, Divisional Head of Retail Banking and Customer Banking pointed out that the soft loan scheme to tourism entrepreneurs is strategically conceived by the Managing Director of Sterling Bank, Mr Abubakar Suleiman, to provide a platform where the low cadre tourism entrepreneurs can access fund of low interest.

He said that it was the mission of Sterling bank not only to provide the loan for the beneficiaries but also network their services, craft items and provide to buyers and patrons .

Mr Atilola pointed out that Sterling bank is out to empower and enhance the business and economic endeavours of tourism practitioners and stakeholder noting that the sector encompasses almost everything that a typical traveller will need in a strange land.

He commended Governor Kayode Fayemi for being pro-poor and pro – masses in his drive at placing the economic base of Ekiti on a sustainable pedestal by aligning it with low cadre entrepreneurs and for putting proactive and positive-minded persons attending the tourism sector.

Mr Atilola lauded the efforts of Mr Ojo- Lanre, SSA Tourism Development for his doggedness and resourcefulness by networking with Messer Lanre Ogunjobi, DG, ELP and Oroya Aladeloye, SA, Informal sector at making the scheme working and walking in Ekiti State.

He called on the beneficiaries to be faithful and prompt on repayment schedules as this would accelerate and pave the way quickly for others as the scheme targets 2000 beneficiaries in Ekiti State.

Bola Hamzat and Eniola Eyinafe both beneficiaries of the scheme lauded Governor Kayode Fayemi for networking tourism stakeholders and entrepreneurs in the state to Sterling bank and happy that the soft loan would help in creating employment opportunities in the state.

Mr Ojo – Lanre commended the Sterling Bank team especially Mrs Abiola Adelana , Sterling Bank Tourism Desk for her goal-getting strides at pushing the tourism vision of the bank efficiently to Ekiti State , lauded Mr Gbenga Adegoke, Divisional Head, Product Proposition, and Ado Ekiti Sterling bank Staff being led by Mr Lekan Afuye for the success of the first phase disbursement to 90 beneficiaries and the commencement of the empowerment of 2nd batch for 202 beneficiaries under Sterling Bank Tourism Fund Development Imitative in Ekiti State.

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Creative Industry

New Sheriff In Town: Wike Champions First Abuja Investment Summit & Expo 2023

Published

6 months ago

October 20, 2023

The Gleamer

Joel Ajayi

The maiden edition of the Abuja Investment Summit and Expo 2023 takes off in the Federal Capital Tuesday 14th – Wednesday 15th November, 2023, as Minister of the Federal Capital Territory, Barr. Nyesom Wike champions the Annual event to unlock the abundant investment opportunities of the territory for greater economic and industrial growth of the city.

In a statement signed by MNIPR, MITPNDirector, of Communications Ahmed Mohammed Sule on Thursday in Abuja, stated that the Summit and Expo is coming on the heels of Wike’s resolve as Minister of the Federal Capital Territory to make a difference in improved infrastructure, security, and socio service provisions for inhabitants of the Federal capital city and its environs, against the backdrop of the Renewed Hope Agenda of President Bola Ahmed Tinubu.

Scheduled to hold at the Velodrome, Package ‘A’ of the M.K.O. Abiola National Stadium Abuja, the Abuja Investment Summit and Expo christened: ‘Unlocking the Investment Opportunities of Abuja, the Federal Capital Territory is made up of two sessions; The Summit, which will be an interactive session to examine and explore critical areas of investment opportunities in the FCT by expert speakers and panel of discussants.

The other is the Exhibition aspect which provides the window for FCTA Mandate Secretariats and their Agencies, Departments, and Units, allied exhibitors from Federal Ministries, Departments and Agencies (MDAs) as well as Organized Private Sector (OPS) companies, firms and corporate organizations to showcase their businesses and projects with the view to attracting investors for a collaborative partnership to grow their respective sectors.

According to highlights made available to the press on the essence of the Summit and Expo, they include; the promotion and marketing of the Federal Capital Territory as a safe investment destination in Africa, the creation of a platform for networking, knowledge-sharing, and collaboration among investors, entrepreneurs, government officials and other stakeholders and the showcasing of the potentials of Abuja as an investment destination, in addition to portraying the city’s socio-economic and cultural strengths.

As an annual event of impeccable repute and global standards, organizers say the Abuja Investment Summit and Expo 2023 seeks to showcase the potential of Abuja as an investment destination, create a platform for networking and collaboration as well and promote economic growth that will boost Internally Generated Revenue (IGR) and development in the city.

Adding that events and activities lined up for the two-day program are meant to awaken the economic potential of the Federal Capital Territory through the provision of a series of action-oriented and implementable dialogues with multi-faceted stakeholders invited as investors, speakers, panelists, and exhibitors to the Summit and Expo

Indicators from the Organizing Secretariat of the Abuja Investment Summit and Expo revealed quite a number of Ministers have signified their intentions to lead their Agencies and parastatals to the Summit and leverage the opportunities it presents to showcase their sectoral mandates in stimulating investments for the economic growth and development of not only the Federal Capital Territory but the country as a whole.

The Federal Capital Territory Secretariats as primary targets will be showcasing viable Public-Private-Partnership (PPP) projects offering opportunities for investors to leverage on the various business attractions from both the government and individual stakeholders who will be in attendance and to afford financing opportunities for credible investors to access funding for various sector involvements including InfoTech, Agricultural and Agro-processing, Oil and Gas, Mining, Road and Building Projects, Health, Transport, Tourism and Hospitality, Real Estate and Property development and a myriad of Infrastructural Development projects

Worthy of note, as posited by the Organizing Committee, is that the benefits to the FCT is that the Summit and Expo will help boost developmental activities in Abuja and its environs; create of over 500,000 job opportunities for the Abuja populace and its environs; drive the socio-economic growth of the Federal Capital Territory, which is a fundamental aspect of the ‘Renewed Hope’ mantra of President’s Tinubu’s administration

It is expected that the Abuja Investment Summit and Expo will objectively result in stimulating deals and securing transactions for the accelerated economic development of the FCT in industrialization and manufacturing, creation of economic zones and industrial parks, trade logistics for regional integration, structural transformation for private sector competitiveness, skill development and job creation among others.

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