Kogi State Governor Captain Idris Wada has charged the Kogi Savings and loan to be prudent and fair in discharge of their duty.
Wada who gave the charge in Lokoja while inaugurating the newly appointed board members of the financial institution urged the six members of the board to be above board.
He said, the bank in recent years had witnessed crisis arising from conflicts of interest between both the board and management of the bank, charging the two body to initiate policies that will benefit the bank.
Wada said as part of effort of the state government to strengthen the bank’s financial base, the Lokoja branch of Central market was leased to the savings and loan to manage while necessary contacts had been made with the Central Bank of Nigeria, CBN to facilitate its operations.
He however cautioned against any internal squabble that would truncate the objectives for which the bank was established assuring that the board would be given free-hand to operate.
Responding, the chairman of the board, Alhaji Danjuma Ocholi assured that the board would do their best to make the bank viable, saying that the board would partner with other organizations of like mind in and out the state in its bid to make the bank strong, virile and viable.
Other members of the new board include; Rev Paul Audu (State Accountant-General), Barrister S.S Akoh, Barrister Suleiman Amodu, Chief S.K Adedoyin, and Mallam Ibrahim Aseni.
