{"id":76944,"date":"2023-10-31T21:54:39","date_gmt":"2023-10-31T20:54:39","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=76944"},"modified":"2023-10-31T21:54:39","modified_gmt":"2023-10-31T20:54:39","slug":"access-bank-pledges-sustainable-growth-economic-resilience-in-lagos-through-landmark-trade-enabling-projects","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/access-bank-pledges-sustainable-growth-economic-resilience-in-lagos-through-landmark-trade-enabling-projects\/","title":{"rendered":"Access Bank Pledges Sustainable Growth, Economic Resilience In Lagos Through Landmark Trade-Enabling Projects"},"content":{"rendered":"

Leading financial institution, Access Bank Plc has entered into an agreement with the African Export-Import Bank (Afreximbank) to support and finance key trade-enabling projects in Lagos State to the tune of $1.352 Billion.<\/p>\n

The signing ceremony, which took place on the sidelines of the 2023 AfriCaribbean Trade and Investment Forum in Georgetown, Guyana, had in attendance key delegates including the Governor of Lagos State, Babajide Sanwo-Olu; Group Chief Executive Officer of Access Bank PLC, Herbert Wigwe; Benedict Oramah, President and Chairman of the Board of Directors, Afreximbank, and more.<\/p>\n

\"\"Commenting on the agreement, Herbert Wigwe, Group Chief Executive Officer of Access Holdings PLC, said, \u201cThis landmark agreement underscores our commitment to fostering economic growth in Lagos, with a broader view to increase the continent\u2019s trade potential. Through our strategic collaboration with Afreximbank, we are poised to drive more inter-African and intra-African trade and investment, creating a brighter future for all.<\/p>\n

\u201cIn addition to supporting infrastructure, we will also be aiming to improve the levels of food sufficiency in Lagos as well as upscaling the volume of the State\u2019s Internally Generated Revenue (IGR) in order to spur the growth in its GDP and achieve wide scale economic resilience. Across the Access Group, we will continue to make deliberate effort towards championing sustainable initiatives that will change the global narrative about Africa and Africans,\u201d Wigwe added.<\/p>

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Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

\"\"Some of the legacy projects highlighted in the collaboration include the Fourth Mainland Bridge, the second phase of the Blue Line Rail, the Omu Creek Project, Lekki-Epe International Airport, and the Lagos Food Systems and Logistics Hub in Epe.<\/p>\n

Speaking at the signing ceremony, Dr. Benedict Oramah, President and Chairman of the Board of Directors, Afreximbank, said \u201cAfreximbank\u2019s partnership with Access Bank to support Lagos State in executing these critical projects is part of our strategy for the African Sub-Sovereign Governments\u00a0 Network. The Network serves as yet another ingenious strategic initiative aimed at firmly establishing an intra-continental trade investment development frontier as it is only through supporting and strengthening trade and investment initiatives at such deeper levels of citizen administration, that Africa be able to fully realize the potential value of its much vaunted 1.3 billion population as a captivating common market for goods and services under AfCFTA.\u201d<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Leading financial institution, Access Bank Plc has entered into an agreement with the African Export-Import Bank (Afreximbank) to support and finance key trade-enabling projects in Lagos State to the tune of $1.352 Billion<\/p>\n","protected":false},"author":6,"featured_media":76945,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[793],"coauthors":[2391],"class_list":["post-76944","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-access-bank"],"yoast_head":"\nAccess Bank Pledges Sustainable Growth, Economic Resilience In Lagos Through Landmark Trade-Enabling Projects - National Wire<\/title>\n<meta name=\"description\" content=\"Leading financial institution, Access Bank Plc has entered into an agreement with the African Export-Import Bank (\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/access-bank-pledges-sustainable-growth-economic-resilience-in-lagos-through-landmark-trade-enabling-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Access Bank Pledges Sustainable Growth, Economic Resilience In Lagos Through Landmark Trade-Enabling Projects - 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