Eno pledges conducive environment for investors

…unveils Signature Bank in Uyo

Umo Eno, the Akwa Ibom State Governor, has assured investors from the private sector that his administration will continue to provide an enabling environment and a friendly business atmosphere.

Speaking during the official opening of the Signature Bank along Oron Road, Uyo, Eno appreciated the institution for choosing to invest in the state, saying that the state Government will continue to encourage and boost Small and Medium enterprises, which, according to him, constitutes a critical component of his ARISE agenda.

”With the ongoing electricity reforms and political stability, Akwa Ibom will continue to experience economic transformation and physical growth. We are priming the state to be a tourism hub in the region and the larger Nigeria” the Governor promised.

Earlier in his address of welcome, Nixon Iwedi, the managing director and chief executive officer of Signature Bank, Uyo, said the Bank transcends physical structure to a point of connection for building business and economic relations that will convert the state’s tremendous potentials, remarkable enterprise, ambitions and resilience to tangible economic reality.

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He praised the efforts of the bank’s regulators, partners, advisers, contractors, vendors and staff , whose commitment, he noted, has translated into the success story of the bank.

In the same vein, he appreciated the bank’s customers for their trust, confidence and encouragement, which have equally contributed to the fruition of the institution, even as he solicited continued patronage and partnership from the banking public.

” We are confident that this bank will become an important platform for connecting and banking solution to the needs and aspirations of the people and businessmen within this market”

Also speaking, Tijjani Borodo, the Bank’s Board Chairman, while applauding the state Governor for his remarkable encouragement, described Uyo as a growing commercial, administrative and investment centre with a population of entrepreneurs, professionals, traders, public Sector stakeholders and businessmen, with evolving financial needs, hence their mission in the state.

Represented by Shedrack Odo, the Chairman said, Akwa Ibom possesses enormous economic potential for agriculture and tourism to hospitality, real estate, construction, transportation, professional services, manufacturing and the broader SME ecosystem.

We see entrepreneurs who need working capital; We see established businesses seeking to expand,” he noted.

In her speech, Doye Alalibo, representative of the Central Bank, said the establishment of the bank reflects the state’s commitment to peace, economic and political stability, safety and resilience financial system, even as she urged strict adherence to high professional standards to sustain public confidence and achieve policy targets.

Present at the event were Akon Eyakenyi, the Deputy Governor of the state, Enobong Uwah, Secretary to the State Government, political leaders from the three Senatorial districts, members of the state cabinet, led by Frank Archibong, Commissioner for Local Government and Chieftaincy Affairs.

Others were Local Government Chairmen, led by Uwemedimo Udo, Chairman, Uyo Local Government Area, and the ALGON chairman, Akwa Ibom State; Traditional Rulers, led by Sylvanus Okon, the Paramount Ruler of Uyo Local Government Area, amongst others.