Femi Akinruntan Asserts: ‘Yes, We Are Ready To Buy Enterprise Bank’

In the face of keen interests from recognised competitors, face of his family business gradually carving a niche for himself- Femi Akinrutan as made a categorical assertion..’Yes, We are ready to buy Enterprise Bank’

The Akinrutans ( of the famous Olugbo of Ugbo, Oba Obateru Akinruntan clan) along with celebrated institutions such as Heritage, Fidelity, Sterling, Standard Chartered Bank, Obat Oil, Taurus Holdings, Sahara Energy, and a group led by Emeka Onwuka are seeking to acquire Enterprise Bank.

Femi, is spear heading the interest of Obat Oil in the deal. He is the managing Director of Obat Petroleum and in charged of the extensive operations of the family investment with a growing hold in the Aviation sector.

Those familiar with his ways explained his track record as that of ‘ an ambitious entrepreneur that has turned Obat Group into a formidable force inside the Nigerian energy sector…embodies the youth who constitute the rarity of Nigerian society — a young man who excelled…and he advocates hope knowing that things could change in a society permeated for decades with a culture of fear…projects a manic self-confidence in public’

The declaration by the prince of Ugboland signals ‘seriousness of interest backed by extensive preparations to acquire and transformed the ailing bank into another success story’ according to informants.

To succeed, interested parties need to secure all of debt management company- AMCON’s 100% stake in Enterprise Bank and Femi is said to have put his all in all in achieving this- with talks of possibility of achieving this already dogging his steps.