BY TONY EDIKE

ENUGU—Governor Sullivan Chime of Enugu State has said that the collapse of flourishing industries in the South Eastern part of the country over the years was largely attributable to the lack of access to funds, mismanagement and other ancillary support necessary for their growth and stability.

  The Governor who was speaking yesterday at the official opening of the South-East zonal office of the Bank of Industry, BOI, in Enugu, observed that in Nigeria, as in other nations, businesses needed access to funds and other services rendered by each country’s Bank of Industry to boost their overall productive capacities and consequently create employment opportunities.

   He however noted that the presence of the bank in Enugu was a bold step not only to revive dead or ailing industries in the South East but also to promote new businesses and encourage existing ones.

  “We are quite optimistic that business concerns in our zone will benefit from these services and that clearly underscores our enthusiasm over today’s event.” 

 He stated that the state Government has continued to provide the enabling environment that will attract prospective investors and keep existing ones in Enugu State adding that “we shall remain faithful to our vow to create the platform that will make it possible for businesses to thrive.”