{"id":302065,"date":"2017-03-16T06:00:16","date_gmt":"2017-03-16T06:00:16","guid":{"rendered":"http:\/\/citifmonline.com\/?p=302065"},"modified":"2017-03-16T06:00:16","modified_gmt":"2017-03-16T06:00:16","slug":"uba-chairman-pledges-support-for-ghanas-real-sectors","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/03\/uba-chairman-pledges-support-for-ghanas-real-sectors\/","title":{"rendered":"UBA Chairman pledges support for Ghana\u2019s real sectors"},"content":{"rendered":"
The Chairman of United Bank for Africa (UBA), Tony Elumelu, has assured President \u00a0Nana Addo Dankwa Akufo-Addo, of his bank\u2019s support for the growth and development of the critical sectors of Ghana\u2019s economy, as government seeks to return the nation back onto the path of progress and prosperity.<\/p>\n
According to Tonly Elumelu, investor confidence in Ghana is rising, following the pro-business and pro-private approach taking by the government of President Akufo-Addo. This, coupled with policy initiatives announced in the 2017 budget, is making Ghana the investment destination in the region.<\/p>\n
\u201cWe are very happy about all of this, and we would like to associate ourselves with your government and support you to succeed, both in banking and in other sectors of the economy,\u201d he said.<\/p>\n
The UBA Chairman made these known on Monday, March 13, 2017, when he paid a courtesy call on President Akufo-Addo, at the Presidency, to congratulate him on his victory in the December 2016 elections.<\/p>\n
With UBA engaged in other ventures such as real estate, hospitality, oil and gas, and the generation of power, and with 30 branches in Ghana, Tony Elumelu noted that the bank is the biggest generator of electricity in Nigeria today. He also recounted how, during the era of the Mahama administration, UBA supported government to the tune of $1.1 billion<\/p>\n