Heritage Bank MD, others urge govt to develop infrastructure

By Eyo Nsima

The Managing Director, Heritage Bank Plc, Ifie Sekibo, has tasked all levels of governments to provide enabling policy environment for infrastructural development in Nigeria.

He made this known at the Finance Correspondents Association of Nigeria’s (FICAN) 30th-anniversary conference and award, which had, “Financing Infrastructure & SMEs for inclusive growth in the post-COVID-19 economy,” its theme in Lagos.

The Divisional Head, Strategy and Business Solutions at the bank, Olusegun Akanji, who represented him, said: “We need the global private sector intervention to help us achieve a vision of infrastructural development.”

Similarly, the Managing Director of FMDQ Group, Bola Koko, who was represented by the Head Private Market, Yomi  Osinubi, said this was the only way that they could pluck the infrastructure rewards.

However, an Executive Commissioner at the Securities and Exchange Commission (SEC), Temidayo  Obisan who represented the Director-General of SEC, Lamido Yuguda, added Nigeria should source for long-term funds.