FG, AFDB partner to strengthen economy
By Matthew Denis
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.
This was disclosed in a statement signed by Director, Information and Public Relations, Mohammed Manga, on Wednesday.
According to the statement the meeting, which was held in his office in Abuja, explored a range of potential areas for collaboration between the Ministry and the AfDB.
Key topics discussed at the meeting 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.
The Minister highlighted 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, Director General for Nigeria at the AfDB, Dr. Abdul Kamara, commended President Bola Ahmed Tinubu’s economic reforms, emphasising their importance in tackling Nigeria’s pressing economic challenges
Dr. Kamara also expressed deep sympathy on behalf of the AfDB President, Dr. Akinwumi Adesina, for the recent flooding in Maiduguri, assuring the Minister of the Bank’s readiness to provide support in addressing the aftermath of the disaster.
Representatives from both the African Development Bank and the Ministry of Finance attended the meeting, including Linda Amadi, Orison Amu, George N.S, and Onyoh Ajibola.
This courtesy 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.
Thus, the African Development Bank’s endorsement of President Tinubu’s economic reforms marks a significant milestone in Nigeria’s journey towards economic stability and growth.
As the country navigates the challenges of food security and economic development, AfDB’s support and expertise will play a vital role in shaping Nigeria’s economic future.
