WEMA BANK COURTS GOV ENO AS CORPORATE INTEREST IN AKWA IBOM SKYROCKETS
When the top brass of Wema Bank arrived at Government House in Uyo, it wasn’t just a courtesy call—it was a statement. Led by Managing Director Moruf Oseni, the high-level delegation made clear their intent to deepen investments in a state fast becoming Nigeria’s most attractive destination for private capital.
Governor Umo Eno welcomed them with characteristic humility but also laid out a compelling case. “Our government is focused on a private-sector driven economy. We’ve cleaned up the environment, invested in infrastructure, and are reforming the bureaucracy,” he told the executives.
The meeting comes amid growing interest from banks, tech firms, and agro-allied investors eyeing Akwa Ibom’s emerging stability and business-friendly policies. Eno’s administration has shifted the narrative from oil dependence to diversified growth, with agriculture, ICT, and industrialization at the forefront.
For Wema Bank, the visit marks a potential expansion of services into areas such as SME lending, digital banking, and rural financial inclusion. The bank lauded the governor’s push to create a viable subnational economy—one where people are not just employed, but empowered.