Politics

Senate lauds Okotete's achievements in NEXIM Bank

The Senate has expressed satisfaction over the achievements of the Executive Director in charge of Business Development at the Nigerian Export and Import Bank (NEXIM), Stella Okotete, in growing the non-oil exports and business fortunes of the bank.

The commendation came after the Senator representing Delta Central; Senator Ede Dafinone moved a motion at the ongoing ministerial screening exercise, urging his colleagues to allow Okotete to take a bow and leave.

Okotete, former National Women Leader of the All Progressive Congress (APC) and currently serving as ED Business Development at NEXIM Bank, was President Bola Tinubu’s ministerial nominee from Delta State.

Dafinone, while moving the motion, said he had the opportunity of working with Okotete during his one-year stay as Non-Executive Director with NEXIM Bank, adding that the nominee was the engine room of the international reputable bank.

“What the nominee did not mention was that her position as the Executive Director of Business Development Unit means she was in the engine room of the bank. The Business Development Unit is the operational department of the NEXIM Bank.

“So, she was in charge of the operations of the Bank and in that capacity, she was able to grow the balance sheet of the Bank and she has done exceptionally well.

“I want to add also, that as a young woman, she has also favoured the youth and women in her policies at the bank, aside from the policies she had done at home, encouraging young people in various departments and empowerment programs.

“She has also been instrumental in growing non-oil exports and as of today, the non-oil exports are the key focus of this administration, as we protect the need to grow our economy in the background of dwindling oil reserves and in move globally away from foisting fuel, to more sustainable forms of energy.”

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