As state-of-the-art Bulwark Vaults and Safes opens in LagosFORMER Minister of Finance, Dr. Kalu Idika Kalu has called for improved public and private investment in keeping properties secured, as an aspect of nation building.Kalu spoke at the official opening of Bulwark Vaults and Safes Deposit Limited in Lagos, noted that while the role of private investors was key in touching all aspects of the economy, the public sector must provide enabling environment that promoted investment opportunities.He noted that amid chaotic state of contemporary society, the need for efficient safekeeping of properties could not be overemphasised.'While we call on private investors to assist government in security provision, we must not forget that government has critical and basic role to play to encourage the nation builders.'Globally, the idea of safekeeping is not necessarily against armed robbers but non-human factors. We must therefore also put in place more punitive sanctions to curb the trend of armed robbery,' he said.Kalu added that Nigerians must have broader view of what investment and partnership was, both within and internationally. He said that this was to tally with the trend of global development, one of which was the creation of Israeli originated state-of-the-art bulwark deposits in Nigeria.Apparently in agreement with Kalu, Mr. Olu Falomo said further that there was no investment that could be too much in the safety of properties, to cope with the challenges of present times.Falomo lauded the joint efforts and investment of the Bulwark group in completing the first of such deposit facility of international standard 'as to be found in any business centre in the world such as New York, London or Tel Aviv,' in Nigeria.Explaining the essence of the facility at Milliner Towers, Ikoyi, Chairman of Bulwark Deposits Limited, Mr. Olusegun Olusanya noted that the menace and variety of attacks on property, either by human or natural channels all over the world, had become immensely alarming and it was now commonplace to seek perfect means of protection for such properties of inestimable value.'As a result, vaults and safe deposits boxes have accounted for respite and hope to those who have a lot to lose in the event of human and natural attack on property.'Recognising that the challenge puts the responsibility and opportunity of investing in security of properties in the hands of Nigerians, he said that there was the need to have trusted and safe environment to attract foreign investors.'We therefore must embrace progressive and contemporary steps that propel us in the direction of sanctity for also securing of our valuables and in the process enhancing our lives,' Olusanya said.Head of technical partner, Mr. Saha Greyhorse explained that in recent times, there was the challenge of keeping not only our dear ones safe but also locating a safe place for valuables and important documents as well as off-site data storage.'Threats such as the Boko Haram in addition to the common street violence are only expected to rise and take a more substantial place in the Nigerian agenda.'We in Bulwark worked hard to design a safe facility allowing you to relax while we are keeping your valuables safe. Be it natural disasters such as sudden storm, flooding, fire or man-made threats be it technological or physical, we have invested serious amounts of money to keep all these in safe distance from your deposits,' he said.
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