Oyebanji inaugurates boards for Ekiti investment company, agency

The Ekiti State Governor, Biodun Oyebanji has inaugurated Board for Fountain Holding Limited and Ekiti Development and Investment Promotion Agency, urging then to reposition the agencies to become major players in Nigeria investment ecosystem.

Speaking during the inauguration on Monday at the Exco Chamber of the Governor”s Office, 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.

Oyebanji, who explained that his dream is to see the Fountain Holdings become a major player in the country’s investment ecosystem, said the board should diversify the current portfolio of companies under its managements to explore new vista of greener investment pasture across sectors

Oyebanji charged the new chairmen and board members “to 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 his expectation is to see 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, “My ultimate dream is to see the Holdings become 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, the Chairman, Fountain Holdings Limited, Mr. Jide Ogundare, expressed his gratitude to the governor for the trust placed in them, assuring him that the new board members would implement strategic measures that would attract both local and foreign investment to Ekiti State.