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Infrastructure Development To Receive A Boost In Ogun State As Polaris Bank Pledges Support

The Oasis Reporters

November 8, 2023








L-R: Chinwe Iloghalu, Polaris Bank’s Executive Director, Lagos & Corporate Banking; Adekunle Sonola, Polaris Bank’s Managing Director/CEO, Governor Dapo Abiodun of Ogun State and Tokunbo Talabi, Secretary to Ogun State Government when Polaris Bank Executive Management team paid a visit to Ogun State Governor in his office in Abeokuta recently.

.. emphasis to be on housing, education, healthcare, agriculture

Polaris Bank, Nigeria’s leading digital retail Bank has pledged to support the development of high-impact sectors including road infrastructure, housing, education, healthcare and agro processing in Ogun State.

The Managing Director/CEO of Polaris Bank, Mr. Adekunle Sonola, stated this while speaking with journalists after he led the Bank’s management team on a courtesy visit to the Ogun State Governor, Prince Dapo Abiodun, in his office at Oke-Mosan, Abeokuta, on Wednesday.

Recognizing the notable achievements of the state administration in infrastructure, education, and agro-processing, Mr. Sonola emphasized Polaris Bank’s willingness to provide support, particularly in financing, to expedite socio-economic development. The meeting focused on various collaborative opportunities in infrastructure, housing, healthcare, education, and agriculture, showcasing the bank’s commitment to complement the government’s efforts in delivering services to the Ogun state people.


Expressing readiness to offer counterpart funding support, Mr. Sonola highlighted Polaris Bank’s innovative products, such as the e-hospital platform, deployed in 11 states, enhancing revenue collection through technology. Describing Ogun State as one of Nigeria’s most progressive states with robust infrastructure, he commended the state’s conducive business environment.

“Governor Abiodun is running one of the most progressive states in the country with a lot of laudable objectives and achievements in the last four years. As Bankers to the community, we are here to show our support and to also see for ourselves the achievements on ground, as well as offer our services for the progress and development of the state,” he stated.

The Polaris Bank CEO noted that the management identified opportunities and areas of collaboration with the Ogun State Government, assuring that in a few months, the people would begin to see the delivery of the projects agreed on at the meeting.


He stated that the meeting with Governor Abiodun centered on a wide range of areas, including infrastructure, housing delivery, healthcare improvement programmes, education, agriculture and other sectors that the bank could be of assistance, as well as the complementary relationship to deliver services to the people.

He said further that Polaris Bank has a long-term presence in the state, including having one of the vibrant and modern bank branches in the state capital, and affirmed that the people of the state would continue to enjoy robust personal banking experience at all times.

Sonola called on investors to take advantage of the enormous potential and the conducive business environment provided by the state government to open their businesses in the Gateway State.

Polaris Bank was adjudged Digital Bank of the Year in 2021 and 2022, 2023 by BusinessDay’s Banks and Other Financial Institutions (BAFI) Awards. And as a digital-forward Bank dedicated to forging a customer-focused future through innovative partnership that reshape both businesses and communities.

Greg Abolo

Blogger at The Oasis Reporters.

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