Adebayo Adenrele

Governor Kayode Fayemi of Ekiti State has officially commissioned Premium Trust Bank in Ado Ekiti.

During the commissioning, he said his government was able to achieve a lot in the area of infrastructural development because of its openness to allow private enterprises thrive in the state, adding that the incoming administration in the state would toe the same line to ensure continuity of development.

He furthered that the five pillars of his administration were adequately addressed as he continued to looking beyond the monthly allocation from the federal accounts and the internally generated revenue which were grossly inadequate for the state to achieve any meaningful development.

He noted that his government built confidence and trust with all its partners which made many businesses to show interest in establishing in the state including the Bank of Industry, among others.

The governor called on the private sector to assist the state in driving a lot of projects that the government may not have the capital to pursue, adding that the state was imbued with greater drive, viability and the creativity to make it work.

In his words, “We have to build confidence and build the trust of all these partners in order for them to return to the state, but not only have they returned but in a space of four years, not minding Covid-19 taking 18 months out of that, we’ve had Bank of Industry established fully here in the state, down the road Providus is building their own bank”

“For us, it’s not just about depositing in Ekiti, we want a bank that we can build long term relationship with.”