First Bank Presents Investment Proposals to Speaker of Parliament

First Bank has presented a series of investment proposals aimed at supporting Sierra Leone's economic growth during a high-level meeting with the Speaker of Parliament, Rt. Hon. Segepoh Solomon Thomas.

The delegation, led by the Bank's Chief Executive Officer, Olusegun Alebiosu, met with the Speaker on Tuesday, 2nd June 2026, to discuss planned projects and explore areas of collaboration with the Government of Sierra Leone.

Speaking during the meeting, Alebiosu thanked the Speaker for receiving the delegation and described Sierra Leone as a country known for its hospitality and welcoming people.

He disclosed that First Bank intends to implement several investment projects designed to complement the government's development agenda and contribute to economic expansion.

According to him, the proposed initiatives are intended to strengthen private sector participation in national development while creating opportunities for growth and investment.

Alebiosu revealed that discussions had already taken place with President Julius Maada Bio, the Governor of the Bank of Sierra Leone, and the Minister of Finance regarding the proposed projects.

He appealed for Parliament's support when the relevant agreements are eventually brought before the House for consideration.

"It is in the collective interest of both the private sector and government to ensure economic growth in Sierra Leone," he stated.

The First Bank CEO also emphasized the institution's commitment to partnering with the government to help build a stronger and more resilient economy.

Responding, Speaker Thomas welcomed the delegation to Parliament and commended First Bank for its continued interest in investing in Sierra Leone.

The Speaker highlighted the longstanding relationship between Sierra Leone and Nigeria, describing the ties between the two countries as deep and enduring.

"We are the same people," Speaker Thomas remarked while reflecting on the historical and cultural connections between the two nations.

He expressed satisfaction with the Bank's investment plans and assured the delegation of Parliament's support for initiatives aimed at promoting economic development and job creation.

Speaker Thomas further noted that President Julius Maada Bio remains committed to regional cooperation and development across West Africa, adding that Sierra Leone continues to welcome credible investments that can contribute to national progress.

"You have our full support," the Speaker assured the delegation.

The visit forms part of ongoing engagements between government institutions and private sector stakeholders aimed at attracting investment, boosting economic activity, and supporting Sierra Leone's development priorities.