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African Energy Bank ready for APPPO, Afreximbank opening

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Arising from the inspection of the furnishing of the African Energy Bank (AEB) corporate head office in Abuja yesterday, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has expressed satisfaction at the completion, noting that the bank is now ready for commissioning by the African Petroleum Producers Association (APPO) and the Afrexim Bank.

He described the promoters as the drivers of the AEB, insisting that Nigeria has fulfilled its obligations as the host country, furnishing the bank to taste in the best location.

His words: “I came to inspect the headquarters furnishing of the Africa Energy Bank and I am happy to disclose to the world and Nigerians and Africans that Nigeria has delivered on all the obligations made for us to fulfill as host country.

“The headquarters is ready, tastefully furnished in the best location and so we are ready for the bank to take off. So, we are waiting for, you know, APPO and African Exim Bank that are the drivers of this process, you know, to facilitate the takeoff.”

He reiterated that it is noteworthy to say that the building is set and the next thing is to invite the promoters: Afrexim and APPO to declare it open.

He said, “But what Nigerians, you know, and the world need to know today is that as a host country we have met all our obligations and the building is ready. The bank is ready to go.

“But we’re trying to invite, you know, the APPO, you know, ministers, you know, to come to Nigeria so that we can show to them and say, look, this is what we promised. We fulfilled it. The building is ready.”

Continuing, Lokpobiri said, “The important point is that we have met our obligation.

“As a host country, we provided, you know, everything that is expected of us as host country, you know, to provide. So, is this an indication that the bank is well on its way? Yes, absolutely.”


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