Business, News

Fidelity Bank CEO Commiserates With Victims Of Lagos Explosion

The Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mr. Nnamdi Okonkwo on Monday, March 16th, 2020 commiserated with traders and other victims of Sunday’s tragic explosion in Abule Ado, Amuwo Odofin Local Government Area (LGA) of Lagos State.

L-R: Eric Ilechukwu, President, Association of Progressive Traders (APT); Nnamdi Okonkwo, Managing Director/Chief Executive Officer, Fidelity Bank Plc; Nneka Onyeali-Ikpe, Executive Director, Lagos & South-West, Fidelity Bank Plc and Daniel Oforkansi, President, Auto Spare Parts and Machinery Dealers Association (ASPAMDA), during the visit to the markets to commiserate with the victims of the Lagos explosion on Monday

Accompanied by other Executive Management staff, Okonkwo who visited the affected market areas was received by the leaders of the Balogun Business Association (BBA), Auto Spare Parts and Machinery Dealers Association (ASPAMDA) and Association of Progressive Traders (APT).

See also  Fitch Upgrades Fidelity Bank’s Issuer Default Rating From ‘B-’ To ‘B’
L-R: Ezenwa Oguadinma, Treasurer, Balogun Business Association (BBA); Nnamdi Okonkwo, Managing Director/Chief Executive Officer, Fidelity Bank Plc; Tony Obih, President, BBA; Emeka Igbosupolu, Vice President, BBA during the visit to the markets at BBA, ASPAMDA and APT to commiserate with the victims of the Lagos explosion

He prayed for the repose of the souls of those who died in the explosion and disclosed the bank’s readiness to make some token contributions to members of the traders’ associations whose shops and properties were destroyed.

See also  Why Gov. Ayade Is Afraid – Florence Ita-Giwa

He said; “We thought to come this morning to commiserate with you and see first-hand the damages caused by effects of the explosions.”

Responding, the market leaders thanked the bank for the gesture, noting that Fidelity Bank has been a true supporter and remains the most responsive of all financial institutions in the market.

“Fidelity is not the only bank in this market. Coming here barely 24 hours after this incidence and offering financial support in addition, is quite commendable. We are still evaluating the extent of damages and the number of our members affected” said President BBA, Chief Anthony Obih.

Presidents of ASPAMDA, Chief Daniel Oforkansi, said;

“You have indeed demonstrated to us that we are indeed partners. We will reciprocate this kindness and will continue to do everything within our powers to support the bank”

On his part the APT Market Association President, Chief Eric Ilechukwu called on other corporate entities to emulate Fidelity Bank saying;

“It is people and organizations like you that we want. If others are like you, things will be better for it”.

Several residential and commercial buildings, as well as cars, were destroyed in the explosion that rocked Abule Ado to its core. The resulting fire, from the explosion, later spread to the Nigerian National Petroleum Corporation (NNPC) oil pipeline passing through the area, although the pipeline was shut down as a precautionary measure.

The explosion caused widespread panic among Lagos residents after it shook many houses in Ijegun, Festac Town and other communities outside Amuwo Odofin.