Government of Ekiti State, Nigeria.

Ekiti To Officially Flag Off Agency Banking Programme

May 9, 2025

….To Also Hold Public Private Dialogue platform engagement

Ekiti State Government will officially flag of the Agency Banking programme on Tuesday 27th May, 2025 as part of efforts to create employment opportunities and empowerment of the people.

 

The State Commissioner for Wealth Creation and Employment, Mr. Kayode Fasae who made this known during an audience participatory simulcast in the State environs tagged “Ekiti Loni/Ekiti Today”, said the State Government would also on 20th May, 2025 hold a Public Private Dialogue platform engagement to discuss actionable strategies to implement and active and robust Labour Market Information System (LMIS) for the State.

 

Mr. Fasae explained that 200 trained and licensed people would be engaged as “Super Sole Agents” with each of them superintending over five licensed commission agents under the Agency Banking arrangement across the State to operate the system.

 

Fasae added that the State Government has entered into an agreement with three banks to drive the scheme, expressing confidence that the arrangement would apart from providing job opportunities, help businesses scale to a larger level, gives people easier access to digital services, boost socio-economic activities of the people and improve the standard of living of the people.

 

Noting that the scheme is in tandem with both Governor Biodun Oyebanji Shared Prosperity vision and President Bola Tinubu agenda of ensuring that there is at least one financial institution in every ward in the country, the Commissioner reiterated Government’s commitment to rapid development of the State and improving the lot of the people.

 

Mr. Fasae said the Public Private Dialogue platform engagement was organized to strengthen public and private collaboration for an effective LMIS, identify the gaps in Labour Market data collection and utilization, enhance the use of the LMIS for organizational workforce planning and decision making, as well as to develop roadmap for LMIS implementation and sustainability.

 

He lamented that collaboration between the public and private stakeholders had hitherto been very limited, resulting in weak synergies and challenges in assessing impact at a holistic level, emphasizing that the ongoing efforts to develop skills and promote sustainable growth for decent employment opportunities are therefore priorities for both public and private stakeholders.

 

Stressing the need to establish a system that not only fosters active collaboration and synergy among key players in both sectors but also provides accurate and reliable data on the employment landscape in Ekiti State to drive effective employment and job creation initiative, Fasae assured that no stone would be left unturned towards changing the fortunes of the people for the better.

 

He solicited the continued support all stakeholders towards achieving the desired result.

Last modified: May 9, 2025

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