Home PMB Buhari Commends AfDB, Others For $538m Agric Programme In Nigeria

Buhari Commends AfDB, Others For $538m Agric Programme In Nigeria

President Muhammadu Buhari, on Wednesday, in Senegal, commended the African Development Bank, AfDB, the Islamic Development Bank, and the International Fund for Agricultural Development for the provision of $538.05m to implement the first phase of the Nigerian Special Agro-Industrial Processing Zones programme.

This was contained in a statement on Wednesday by the special adviser (Media and Publicity) to the President, Mr Femi Adesina.

In his remarks at the Feed Africa Summit of Heads of State and Government, Buhari urged countries to make provision for at least 10 per cent of their nations’ agricultural budgets as agreed in the Malabo Declaration of the African Heads of State and Government.

He maintained that nations should work to reduce the risks of lending.

I am delighted with the multilateral financing institutions’ partnership method used for Nigeria, with African Development Bank providing $210m, the Islamic Development Bank and the International Fund for Agricultural Development providing $310m, and the Government of Nigeria providing $18.05m, he stated.

For Publication of your news content, essays, tapes, or any other newsworthy materials, please send them to cdanews9@gmail.com
For more inquiries and Advert, please call or WhatsApp. +234-805-410-9484.
Follow us on Twitter @anewsreporters
Visit our website,
www. cdanewsonline.com

Chinweuba Anyaragbuhttps://cdanewsonline.com
BEST SELLING BLOG THEME OF ALL TIMES. Follow us for more breaking news . Share,, like and Comment on our contents


Please enter your comment!
Please enter your name here

Most Popular

Nigeria’s Public Debt Stands At N46.25trn

The nation’s public debt stood at N46. 25 trillion, as at the end of December 2022. According to the Debt Management Office (DMO), which released...

Labour Party Suspends 11 Executive Members For Anti-Party Activities

The Labour Party (LP) in Nasarawa State has suspended 11 executive members for engaging in anti-party activities at the just-concluded governorship and House of...

DSS’ Interim Govt Alarm Ploy To Arrest Obi, Atiku Before May 29 – Timi Frank Alleges

A former Deputy National Publicity Secretary of the All Progressives Congress (APC), Timi Frank has described the alarm over an alleged plot to foist...

Invest N12trn In Nigeria’s Fuel Refining Capacity – PETROAN Boss, Gillis-Harry

Dr Billy Gillis-Harry, the national president of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), has asked the federal government to invest...

Recent Comments