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Tuesday, August 23, 2016

Buhari is now in Partnership With Islamic Development Bank



Muhammadu Buhari and Ali Madani OF Islamic Development Bank
hehehehe....President Muhammadu Buhari on Monday in Abuja said the Nigerian government would deepen its partnership with the Islamic Development Bank (IDB) to fund critical projects.At a meeting with the President of the IDB Group Dr. Ali Madani, President Buhari commended the bank for supporting several developmental projects in Nigeria.


He said Nigeria would be looking to partner further with the bank in health, water and the infrastructure development.
The President acknowledged that the bank had funded several people-oriented projects in Osun, Kaduna, Jigawa, Niger, Katsina, Kano and Ebonyi states, demonstrating its “soft spot and robust support” for Nigeria.
“We can’t thank you enough for the height you have achieved for the bank in 41 years.
“Now that you are about to retire, we thank you for the quality leadership which the world has recognised,” the President said.
He further also expressed appreciation to the IDB Group and other countries for extending their assistance to Internally Displaced Persons in the northeast.
The President assured the visiting IDB chief that Nigeria, a major financier of the bank, would meet all its obligations to the development institution within the shortest time possible.
The President highlighted efforts of the current administration at diversifying the economy, with emphasis on agriculture.
He expressed optimism that Nigeria would achieve self-sufficiency in rice and sugar; and export both commodities in the next three years.
The IDB boss congratulated President Buhari on the positive outcomes of the war against corruption and terrorism.
He said the bank was ready to mobilise resources from Arab fund for developmental initiatives of the Nigerian government and the private sector, particularly on agriculture.
The meeting between President Buhari and the IDB officials came hours after the Minister of finance, Mrs Kemi Adeosun, sought the assistance of the IDB in the attainment of the nation’s financial inclusion and economic diversification.
She also asked for contributions from the bank towards the rebuilding of the northeast region that had been devastated by the Boko Haram insurgency.

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