Lagos Governor Assures Investors Business-Friendly Environment

November 1, 2021
Ecobank Pan African Centre Business-Friendly Environment

By Aduragbemi Omiyale

Those interested in investing in Lagos State have been assured by the Governor, Mr Babajide Sanwo-Olu, of a business-friendly environment.

Mr Sanwo-Olu gave this assurance at the commissioning of the new ultra-modern Ecobank Nigeria head office, the Ecobank Pan African Centre (EPAC), in Victoria Island last week.

He said the state government was determined to continue to attract foreign direct investments (FDIs) as it is one of the critical needs of the state and Nigeria at large.

The Governor described the Ecobank building as a masterpiece, which he said has a strong connection that will enhance the state’s Smart City Project and modernize infrastructure within the metropolis.

He lauded the management of the Pan African bank for the vision behind the project as it was redefining building and infrastructure development in the state, stressing that the building meets the various vital parameter such as the latest energy-efficient technology, environmental sustainability, sparkling ambience and state-of-the-art amenities that will further enhance staff sustainability and service delivery.

He expressed excitement over the state-of-the-art facilities at the complex, noting that “This Pan African centre is indeed an intelligent building designed with energy efficiency and is one of the things we need in Nigeria.”

“I know that this building will speak to a lot of the very best. It is a state-of-the-art building focused on environmental sustainability and I am sure that from what I have seen around, it is a redefining building and infrastructural development,” he added.

Governor Sanwo-Olu further said, “The government of Lagos state is happy to let us know that we are building one of the audacious and vibrant infrastructures in the whole of Africa.

“You know that we are currently deploying over 3000 km of fibre connectivity to support businesses that require low-cost connectivity. We will continue to create enabling environment for you.”

While lauding Ecobank management for its sustained attainments of the bank over the years, he urged them to continue to attract the underbanked to the banking space.

Welcoming guests, Chairman, Ecobank Nigeria, Ms Bola Adesola, said the centre is a dream come true, noting that it is a tribute to the vision of the founding fathers in creating a world-class Pan-African Banking group and providing excellent financial services across Africa.

She said the centre with sparkling ambience boasts of state-of-the-art amenities, houses smart offices, a restaurant, multipurpose conference hall, gym, crèche, a parking lot that can accommodate 130 vehicles at a time, experience and game centre and a rooftop terrace, among others, stating it is targeted to further enhance productivity and service delivery to customers.

Also speaking, Group Chief Executive, Ecobank Transnational Incorporation (ETI), Mr Ade Ayeyemi, said EPAC is an important milestone as it consolidates achievements of several years of the company.

According to him, “The office complex brings together our staff. It is a testament to the effort of the people that have come before us. It allows us to be able to create a new working environment where our staff can attend to customers and our customers can do business in the smart working environment. We can bring all our staff to one location instead of distributing them across multiple locations.”

Talking about the uniqueness of the Ecobank brand, Managing Director, Ecobank Nigeria, Mr Patrick Akinwuntan, said the vision of the founding founders was to build a pan African centre, stressing that the bank is presently in 35 countries of Africa.

According to him, “In Nigeria, we are a major player in the financial industry. Recall we launched the first international credit card in the history of banking in Nigeria, the Ecobank Master card and Visa card in 2004. We are also a pioneer in mobile banking, *326# was one of the first mobile banking platforms approved.

“In this era of AFCTA, where Africa aims at operating as one market, this pan African centre has opened its doors to every SMEs, individuals seeking to expand their business across Africa.

“We are the go-to bank for trade, payment, and collection in Africa because we have one pan African switch to make instant payment across Africa. The way you see the Nigerian Interbank Settlement System (NIBSS) transfer within Nigeria is the way Ecobank is across Africa. Our mobile app is one bank that has 33 countries on it.”

Aduragbemi Omiyale

Aduragbemi Omiyale is a journalist with Business Post Nigeria, who has passion for news writing. In her leisure time, she loves to read.

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