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VOICE OF NIGERIA

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BOI Partners Ogun On Business Development
 


The Bank of Industry says it is willing to partner the Ogun state government, south-western Nigeria, in promoting small businesses.


Mrs. Evelyn Oputu, Managing Director the bank said in Abeokuta, when she led a management team of the bank to visit Governor Gbenga Daniel that the bank would like to tap into the favourable business atmosphere of the gateway state.


She said the state was full of business opportunities that the bank would explore.


’’ We are willing to partner the state in an integrated approach to deepen the state's economy through the promotion of small and medium scale enterprises, entrepreneurial skill development programme and business promotions,” she said.


Potential areas for exploit


She cited the development of sugarcane, cotton, textiles, dairy products and power generation as some potential areas which the bank would like to tap into.


’’We will also like to take the maximum advantage of the Mega city spill-over from Lagos to do business with the state,” Oputu said.


She announced that the management of the bank had concluded plans to open a branch in the state.


Governor Daniel asked the bank to come up with a blueprint for the development of small and medium-scale enterprises as well as the utilisation of local resources to promote home-grown technology.


He also asked the bank to explore the possibility of promoting agriculture, especially rice cultivation for which the state has potential.


NAN/Yinka

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