Fayemi
Ekiti
State Governor, Dr Kayode Fayemi has lifted the embargo placed on
some banks by the immediate past administration.
The
Fayose-led administration had in May 2016 placed a “non-patronage”
ban on three banks- Ecobank, GTbank and Zenith Bank Plc and forbade
government Ministries, Departments and Agencies (MDAs) as well as
workers from transacting business with them.
Governor
Fayemi in quashing the directive on the embargo, earlier in the
month, also directed that all MDAs should resume patronage of all the
banks immediately.
Consequently,
the office of the State’s Accountant General has issued a memo to
all heads of MDAs to give effect to the Governor’s directive
lifting the ban.
According
to a statement by the Chief Press Secretary to the Governor, Mr Yinka
Oyebode, the embargo was lifted in a bid to rekindle and strengthen
the age- long relationship between the affected banks and the State
Government.
Government
took the decision after a careful review of the developments that led
to the purported embargo by the immediate past administration.
The
Fayemi administration is committed to the infrastructural and
industrial development of the state. In achieving this, it will
create a conducive atmosphere for business to thrive in the state by
partnering with the private sector and encouraging private
initiatives, among others, the statement added.
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