Adeyinka Adeniji 
In its bid to enhance and improve the quality of life for Lagos residents, as well as improve the socio-economic situation in the country, Lagos State Governor Babajide Sanwo-Olu yesterday said his administration would sustain deep mutually beneficial transformative relationships with financial institutions, to meet the needs and yearnings of Lagosians.
In a statement signed by his Special Adviser, Media and Publicity, Gboyega Akọsile, the governor said the relationship Lagos State is creating with First Bank signifies his administration’s resolve to maintain a mutually beneficial relationship that will not only lessen the burden of hardship on Lagosians.
He said collaborations with Banks and other financial institutions are also geared towards reinforcing the states position as financial and economic capital of Nigeria and West Africa at larger Sanwo-Olu spoke during a courtesy visit by the Executive Management of First Bank of Nigeria Limited, led by its new Managing Director/ Chief Executive Officer, Mr. Olusegun Alebiosu, at Lagos House Marina.
Sanwo-Olu, who congratulated Alebiosu on his new appointment as Managing Director/Chief Executive Officer, charged him to create value for shareholders and other stakeholders of the bank. He said: “Part of the consequences of our position in Lagos State is that we are home to many people. “And since we are the commercial, economic, and financial nerve centre of our country, there will always be a need for the Lagos State Government to be pulled here and there by different stakeholders.
“We have a special space for First Bank because we have identified relationships that have been mutually beneficial. We have had banking relationships over the years, and both the state government and your institution have seen value created. We have seen extreme economic movement. “We are building deep, mutually beneficial, transformative relationships. “We will continue to nurture the relationship. We will continue to give it its rightful place, and we will continue to ensure that, as fair as we can be, First Bank truly receives a decent amount of our business.
“We have enjoyed a very cordial and forward-looking relationship with First Bank, and we believe that during your (Alebiosu) tenure, the relationship will be further enhanced and improved upon.” Speaking earlier, Alebiosu said First Bank of Nigeria Limited is ready to partner with the Lagos State Government on infrastructural development.
He said: “Power infrastructure is important, and we know what happens in Lagos is what everybody in Nigeria copies. So, we look forward to the framework that the Lagos State Government will set up. “We are sure that there are so many people in Lagos who want to provide power.”
