Speaking during an interview at the Bank of Industry’s SMEs Conference, South-South edition held in Port Harcourt recently, executive director of Corporate Services, Usen Effiong said, the bank, through a loan facility from French Development Bank, wants to fund businesses, especially in the area of renewable energies.
Effiong disclosed that the region is strategic in the comity of businesses, noted that the bank is seizing the opportunities in the region to eradicate poverty and hunger. He said: “the South-South is one of the most important zones in Nigeria. The States in the zone have contributed a lot to the national treasury. And we are here to enlighten the populace of this state on the opportunities inherent in the Bank of Industry.
“The world is going further into a carbon-free environment, and renewable energy and these are the opportunities that are inherent in the south-south.”He added that, “we want to key into it. Recently, the French Development Agency has given us a facility, a window of opportunity of 100 million Euros and we want people from this area, mostly in terms of renewable energy and carbon-free businesses. So we have come to introduce what we have that will benefit the south-south.
Source: News Formal (newsformal.com)
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