Wednesday, 5 February 2020

S/Adviser on Industry encourages BoI to provide access to finance For Cross Riverians, Commits To Help Recover Loans.

Government News Source|5 February 2020 

The Special Adviser to the Cross River State Governor on Industry Mr. Chris O. Ogaidang has encouraged the Bank of Industry to provide access to finance for Cross Riverians to set up industries in the state NEGROIDHAVEN has confirmed.

The Special Adviser said this while meeting with the Manager, Bank of Industry, in Calabar, the Cross River State Capital. He was on a visit to the bank as part of his engagements with stakeholders in the sector.

He said Cross Riverians had the "Spirit of Enterprise" and with the vision of His Excellency, Sen. Prof. Benedict Ayade to Industrialize the state, Cross Riverians must be given necessary support to key into this vision, including access to finance.

He said he was committed to ensuring that this happens in a couple of years and there was no better time to start than now. Mr. Ogaidang added that the mandate of the Bank to provide access to finance was critical in Sen. Ben Ayade's vision.

He continued, "The days when Cross Riverians were not interested or  relegated to the background in terms of access to finance from the Bank are over", adding that he was willing to work closely with the BOI to sustain the new partnership.

In his response, the Manager of the Bank in the State, Mr. Richard Imonije said he was appreciative of the support enjoyed from the state government throughout the years the bank has been here, further stating that the Bank of Industry was ready to support government to achieve its vision to industrialize Cross River State.

He, also, said that the Bank is open to all Cross Riverians to have access to finance to build industries and that as many citizens as possible should come forward to take advantage of this opportunity.

In conclusion, the Special Adviser made a commitment to work with the management of the BOI to recover loans given to some people in order to enable others benefit from it.

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