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Unlocking Potential: FirstBank CEO Sees Promising Investment Avenues In 2024 Budget
The Chief Executive Officer of First Bank of Nigeria, Adesola Adeduntan, has said that there are opportunities in the 2024 budget for serious players in the Nigerian economy….CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

Adeduntan said this in his welcome address at the Nigeria Economic Outlook for 2024 organised by First Bank of Nigeria Holding, themed, ‘Current Realities and Prospects’.
The bank boss stated that the New Year provided a reprieve from the many challenges that dogged 2023 and said, “Offers us both in our private and business capacities opportunities to refresh, rethink and recalibrate our businesses to align with the opportunities available in the current environment.
“2023 is history but when you move forward now that we are in 2024, what you will realise is if you don’t quickly understand the direction of travel as far as it relates to government policies, priorities and how we as private sector can be an integral part of that and use it to aid the further growth of our business, then we have missed an opportunity.
“For us as Nigerians, I think the year has started on a strong footing with the president, Bola Tinubu, signing the 2024 appropriate bill into law with record proposed spending of N28.7tn which is the highest in the history of the country in nominal terms.”
Adeduntan added that there was significant spending in the budget which should excite serious players in the economy looking to tap into the policy directions of government.
He said, “More exciting is the amount specifically budgeted for capital expenditure. By implication, there will be significant spending that is planned that will create enough stimulus in the economy that allow significant and serious players to tap into the growth and aspirations of the government.
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