Ecobank Nigeria has joined numerous voices to canvass for a clear focus on power and employment solutions in the country, as a way to get the nation’s wheel of progress grind faster for the good of all.
The bank also noted that collaborative efforts would be needed to achieve this, pointing out that banking industry has had a fair share of the challenges of parlous infrastructure on its operations, as well as the ability of small businesses in the country to pay their loans.The Managing Director of Ecobank Nigeria, Patrick Akinwutan, while speaking with select finance journalists in Lagos, harped on focus on infrastructure, noting that in the last two or three years, a lot of emphasis has been placed on becoming self-sufficient, particularly in food production and the result has helped in moderating impact of inflation.
“We need to support more productive capacity, the real projects should come on stream, the power projects should keep improving so that employment can take the centre stage and get more people employed, more people engaged and therefore, the will of the economic progress can turn much faster.
“The focus in Nigeria should remain the fundamentals. One, infrastructure, power, railways to harness the significant potential in Nigeria and growth of the intellectual economy. I have commented about this and I will keep reiterating.
