EKSG to Partner Individuals, Corporate Organizations to Develop Tourism

November 21, 2013

Ekiti State Government has reiterated its resolve to partner interested individual and corporate organizations in the effort to develop the various tourism potentials in the state.
Speaking in Ado Ekiti during an interactive session with officials of the Nigeria Export-Import Bank (NEXIM), the state Commissioner for Trade, Investment and Innovations, Mr. Debo Ajayi stressed the need for non-governmental organizations to assist in the diversification of the Nigeria economy from oil to non-oil.
Mr. Ajayi noted that Ekiti is agrarian and has abundant resources that investors can tap into.
The Commissioner explained that the proposed airport in the State would open up the state to economic activities.
In his remarks, the representative of NEXIM, Rev. Ifeyin Nwade explained that NEXIM Bank was established by Act 38 of 1991 as an export credit agency with the broad mandate to promote the diversification of Nigerian economy.
According to Rev. Nwade, NEXIM is to deepen the external sector, particularly the non oil through the provision of credit facilities in both local and foreign currencies; risk bearing facilities, business development  and financial advisory.
He added that, the Bank’s mandate, as the trade Policy Bank of Nigeria, is to promote export-oriented investments in the manufacturing, Agriculture, solid minerals and services sector of the economy.
In his contribution, the President, Ekiti State Chamber of Commerce, Industry, Mining and Agriculture Ebenezer Femi solicited for the provision of low interest loans from the bank.
Also speaking, the Permanent Secretary, Ministry of Trade, Investments and Innovation, Mr. Kola Ajumobi noted the passion of Governor Fayemi for the transformation of the economy of the state for better.

Last modified: November 21, 2013

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