The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has met with a high-level delegation from the African Development Ba
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has met with a high-level delegation from the African Development Bank (AfDB) led by Dr. Abdul Kamara, Director General for Nigeria at the AfDB.
Both parties at the meeting explored a range of potential areas for collaboration that included initiatives to strengthen food security, the Special Agro-Industrial Processing Zones (SAPZ) project, and other strategic engagements aimed at promoting sustainable economic growth and development in Nigeria.
Mr Edun pointed out the critical role of AfDB’s funding and technical expertise as Nigeria approaches a pivotal harvest season, which is essential for the country’s food security and economic stability.
Speaking earlier, the leader of the delegation, Dr. Abdul Kamara, Director General for Nigeria at the AfDB, commended President Bola Ahmed Tinubu’s economic reforms, emphasizing their importance in tackling Nigeria’s pressing economic challenges
Dr. Kamara also expressed deep sympathy on behalf of the AfDB President, Dr. Akinwumi Adesina, over the recent flooding in Maiduguri, assuring the Minister of the Bank’s readiness to provide support in addressing the aftermath of the disaster.
The ministry In a statement pointed out that the visit underscores the African Development Bank’s commitment to supporting Nigeria’s economic development and reinforces the importance of international cooperation in driving sustainable growth.
As the country navigates the challenges of food security and economic development,Mohammed Manga, Director, Information and Public Relations stated that the AfDB’s support and expertise will play a vital role in shaping Nigeria’s economic future.
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