Friday, 7 March 2025

Alternative Bank to partner with Osun government in investments, wealth creation

The Alternative Bank Limited will soon begin investment initiatives in partnership with the Osun State government to foster economic development, investment opportunities and wealth creation.

This was disclosed in Osogbo on Wednesday during a meeting of the Bank and the management team of the Ministry of Commerce and Industry, led by the Honourable Commissioner, Rev. Bunmi Jenyo.

The Alternative Bank Limited's team led by the Regional Head (South West), Mrs Funmi Aberuagba also affirmed that it is prepared to contribute to the transformation agenda of the administration of Governor Ademola Adeleke.

The Bank is to partner with the State government and its institutions to realize their lofty ideas and policies that are directly targeted at the uplift of the citizens of Osun State.

The partnership which is expected to be on the basis of Public Private Partnership (PPP) seeks the enabling environment, ease of doing business and robust security from the State government.

The Alternative Bank Limited with branches in Kano, Kaduna etc in the Northern Nigeria is determined to assist government institutions, agencies and organizations to thrive in their investment endeavours.

The bank also identified areas of investment interest, such as, but not limited to Agriculture, Renewable Energy, Waste Management, Education, Health and State digitization.

Recall that the Alternative Bank Plc has earlier stated that "by nature of our mandate, we invest in projects and run them for profit with our stakeholders. We have identified such opportunities in Osun State and will appreciate being part of the State's transformational agenda".

While responding, the Commissioner who said the current administration is running an open-door policy noted that the government does not have business in doing business.

He however assured the team that the State government will create a conducive atmosphere for their intentions to materialize, in the interest of the citizens of Osun State.

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