Gov. Biodun Oyebanji of Ekiti on Tuesday inaugurated Board for Fountain Holding Ltd. and Ekiti Development and Investment Promotion Agency to revitalise and reposition the agencies to become major players in Nigeria’s investment ecosystem.
Performing the inauguration in Ado Ekiti, the governor tasked the new board members on initiatives that would transform the agencies into robust contributors to the state’s economic growth.
He said his administration’s goal was to establish the state as a competitive force in the country by attracting both public and private enterprises.
According to him, my dream is to see the Fountain Holdings become a major player in the country’s investment ecosystem.
He urged the board to diversify the current portfolio of companies under its managements to explore new vista of greener investment pasture across sectors.
The governor said more opportunities could only come from increased business operation that would further assist his administration to be able to meet the overall development plans of the state.
According to him, new chairmen and board members should do everything possible to ensure Fountain Holdings becomes a fat cow from which the state can milk profitably through taxable income for the prosperity of our dear state.
He said he expected to see the agencies expand their current portfolio and use it as weapon of socioeconomic empowerment in line with the local content agenda of his administration.
The governor added that the agencies should invest and promote businesses that could solve housing, capital, credit access, technological, infrastructural, and knowledge needs of Ekiti people.
“My ultimate dream is to see the Holdings becomes a major player, not only in the Ekiti business arena, but in the Nigeria’s investment ecosystem.
“There are enormous opportunities for the Holdings to delve into, to diversify the current portfolio of companies under its managements, and to explore new vista of greener investment pastures across sectors.
Responding on behalf of the board members, the Chairman, Fountain Holdings Ltd., Mr Jide Ogundare, thanked the governor for inaugurating them as members of the board.
He assured the governor that the new board members would implement strategic measures that would attract both local and foreign investment to Ekiti.
He pledged that the board would work diligently to promote investment opportunities and improve investment climate in the state through efficient service delivery in alignment with the vision of the Oyebanji led-administration.
