Skye Bank Partners Ekiti to Develop the State’s Economy

Skye Bank Plc has embarked on fresh initiative towards bringing real development to the doorsteps of Ekiti people as it partnered the state’s government in its just concluded economic summit.

Mr. Kayode Akinyemi, the bank’s spokesman, who addressed newsmen at the opening of the three-day summit in Ado-Ekiti on Wednesday, disclosed that the financial institution is providing financial and advisory support to the state government to ensure purposeful and meaningful discussions at the event.

He explained that it is the determination of Skye Bank to be an embedded institution in all spheres of life in different states of the federation, including Abuja; saying this is why the management will always be ready to respond to the economic yearnings of the people notwithstanding their locations.

The bank had, barely three weeks ago, announced that it had embarked on financing the transportation project in Port Harcourt, Rivers State.

The project, which involves the financing of 100 mass transit buses, took off on Monday, June 2, 2008 with the introduction of the first 20 buses into the metropolis, which hitherto had been experiencing major transportation difficulties.

The bank has also contributed enormously to the development of the health and education sectors. It financed the building of the emergency ward for the Lagos University Teaching Hospital, while it partnered the Federal Government in its determination to make the Nigerian environment mosquito-free with Insecticide Treated Nets (ITNs) given out to several hospitals in the country.

Meanwhile, Akinyemi said the bank’s presence at the Economic Summit in Ekiti was due to the determination to give financial support to the investment needs of the stakeholders present at the event; assuring that Skye Bank is ready to give the assistance necessary to any purposeful proposals that might emanate from the summit.

The bank, he said, recently beautified the Ejigbo roundabout in Ado Ekiti, the state capital in pursuant of its community development and corporate social responsibility initiative.

He assured that the bank will continue to join hands with the state government in ensuring economic and social development of the state.

Earlier speaking, Mr. Segun Oni, the governor of the state, had explained that the aim of the summit was to accelerate economic development process in the state and thereby encourage industrialisation.

According to him, the event is just an eye-opener for investors and other stakeholders present to the abundant economic/mineral resources available in the state. The governor also assured that the state is save and conducive for investments; advising participants to tap on the economic potentials in the state.

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