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

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

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

FBI charges top NNPC official for taking $2.1 million bribes to help Addax Petroleum escape $2.4 billion liability to Nigeria

A senior Nigerian National Petroleum Corporation official has been slammed with bribery and tax-related charges in the United States, court filings seen by Peoples...

Senegal president pursues talks for new election date

Crisis talks called by Senegal’s President Macky Sall entered their second day Tuesday and aimed at setting a date for a presidential election he...

Don’t engage in unethical conduct or delay cases in court, CJN warns Judges Ariwoola

The Chief Justice of Nigeria, CJN, Justice Olukayode Ariwoola, on Tuesday, warned judicial officers in the country not to engage in unethical conduct that...

Reps to stop implementation of revised guidelines for verification of nurses’ certificates

The House of Representatives has resolved to stop the implementation of the revised guidelines for verifications of certificates of nurses and midwives by the...

Recent Comments