Friday, 7 February 2020

Give our youths access to finance, Ayade's aide to BOI

Special Adviser on Industry Encourages Bank of Industry To Provide Access To Finance For Cross Riverians, Commits To Help Recover Loans.

In line with the policy thrust of governor Ben Ayade of Cross River State to industrialize the state and decouple it from over dependence on federal allocation, his Special Adviser on Industry, Mr. Chris O. Odaidang has called on the bank of Industry to open up avenues for Cross Riverians to access funding for enterprise purposes. 

The Special Adviser made the call this week in Calabar while in a meeting with the manager of Bank of Industry in Calabar as part of his engagement with stakeholders in the sector. 

Speaking with the bank Manger, Odaidang noted that Cross Riverians had developed the "Spirit of Enterprise" and with the vision of His Excellency, Sen. Prof. Benedict Ayade to Industrialize the state, Cross Riverians must be given necessary support to key into this vision, including access to finance.

He said he was committed to ensuring that this happens in a couple of years and there was no better time to start than now. Mr. Ogaidang added that the mandate of the Bank to provide access to finance was critical in Sen. Ben Ayade's vision.

He continued, "The days when Cross Riverians were not interested or  relegated to the background in terms of access to finance from the Bank are over", adding that he was willing to work closely with the BOI to sustain the new partnership.

In his response, the Manager of the Bank in the State, Mr. Richard Imonije said he was appreciative of the support enjoyed from the state government throughout the years the bank has been here, further stating that the Bank of Industry was ready to support government to achieve its vision to industrialize Cross River State.

He, also, said that the Bank is open to all Cross Riverians to have access to finance to build industries and that as many citizens as possible should come forward to take advantage of this opportunity.

In conclusion, the Special Adviser made a commitment to work with the management of the BOI to recover loans given to some people in order to enable others benefit from it.