“The Islamic Development Bank will support Nigeria’s recovery from COVID-19, including providing the necessary support to the private sector to create jobs and revive economic growth,” he noted.
He cited two key projects – Special Agro-Industrial Processing Zones Program and the Nigeria-Morocco gas pipeline – noting that the bank was aware of Nigeria’s potential and opportunities for the private sector. He appealed to the minister to help the bank get a piece of land where it could build in Abuja as the current office was no longer enough for operations.
He said the bank had three active capacity-building programmes in Nigeria, including one in the National Hajj Commission of Nigeria, to support the country. The Islamic Development Bank is a multilateral development finance institution focusing on infrastructure development. It has 57 shareholding member states , with Nigeria holding a 8.75 per cent equity.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
Masha Allah