Buhari welcomes IDB’s support for infrastructure
President Muhammadu Buhari has in Niamey, Niger Republic, observed that with a growing population and infrastructure deficit, no amount of money is too much to revamp Nigeria’s development challenges.
Speaking with Vice President, Islamic Development Bank (IDB), Dr Mansur Muhtar, during a bilateral meeting on the margins of the AU Summit, he said: ‘‘We need all the support we can get on infrastructure because the oil will not last forever.”
The President thanked the IDB for ongoing interventions in agriculture, trade and investment, rural development and food security in Nigeria, noting that the county will appreciate more support in other critical sectors.
According to a statement issued by Femi Adesina, Special Adviser (Media and Publicity), Dr Muhtar commended Nigeria for signing the African Continental Free Trade Area (AfCFTA) Agreement, saying it was good the country is now on board the trade deal.
While congratulating President Buhari on a successful outing at the AU Summit, the IDB Vice President pledged the Bank’s continued support to development efforts in the country
He said the President of the IDB would like to visit Nigeria to commission the Bank’s new office, adding that Nigeria is a regional hub for the Islamic Development Bank Group.