Gov. Mbah reassures on de-risked business environment, ROI in Enugu

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Governor of Enugu State, Barr Peter Mbah has reiterated his administration’s commitment to de-risking the business environment to ensure return on

The Governor gave the assurances when he received in his office the management team of Globus Bank led by the Managing Director /Chief Executive Officer , Elias Igbinakenzua, who paid him a courtesy visit on Tuesday.

“We promised to move Enugu from a public sector to a private sector-driven economy. But as I have always maintained, businesses are not Father Christmas. They are not philanthropies. They come to a location because they know there will be returns on their investments. And that is what we pledge to do.

Mbah said the magnitude of the vision he expressed during the campaign, including growing the state’s Gross Domestic Product seven folds from $4.4 billion to $30 billion, constructing 10,000km of roads, and building 260 integrated smart schools would require a different financing model instead of reliance on revenues from Abuja.

On his part, the MD/CEO of Globus Bank, Igbinakenzua said the bank was particularly attracted by the governor’s commitment to private sector growth and de-risking of the business environment.

 

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