96 Views

Islamic Development Bank Opens Office In Nigeria

The Islamic Development Bank Group (IDBG) on Monday formally opened its Nigeria Country Gateway Office in Abuja with a mission to focus its services on health, agriculture, infrastructure, small and medium-scale enterprise and regional integration.

The group said it was also considering the education sector, particularly bilingual education, among its priority service areas in Nigeria as a key tool to counter extremism.

“These are what we aspire to do as IDB Group and what we stand for,”
its President, Ahmad Ali, said in his statement at the opening ceremony in Abuja.

Reiterating IDBG’s mission to strengthen solidarity and economic relationship among member countries, Mr. Ali said opening the office in Nigeria was to reinforce the cooperation between it and Nigeria as the largest member in Africa.

The group’s presence in Nigeria, he said, would strengthen socio-economic, technical and commercial cooperation between the bank and member countries in Africa.

While expecting Nigeria to play a key role in realizing these objectives, Mr. Ali said this was important with the completion of the last portion of Trans Saharan Road linking Algiers in North Africa and Lagos.

ALSO READ  Only 700,000 Persons Have Access To HIV/AIDS Treatment In Nigeria – NGO

“There is an urgent need to develop and implement an action plan for countries along this road, including Nigeria, to benefit from the infrastructure economically, commercially and financially,” he said.

As host of the Economic Community of West African States (ECOWAS) secretariat, Mr. Ali said it was important for Nigeria to contribute to regional cooperation and integration, assuring the bank would be willing to lend its support.

He pledged the bank’s readiness to support Nigeria’s development priorities and ensure its services complemented the ones by other development partners as they relate to the country’s transformation process.

The Minister of Finance, Kemi Adeosun, who, prior to the opening received Mr. Ali in her office, urged the IDBG to support Nigeria’s effort to reconstruct the North East part of Nigeria devastated by years of militancy by insurgent group, Boko Haram.

Source: Premium Times

Get the best viral stories straight into your inbox!

Don't worry, we don't spam

Leave a Comment

Your email address will not be published.

Latest Posts

What You Should Know About The Shaku Shaku Dance
Entertainment
52 views
Entertainment
52 views

What You Should Know About The Shaku Shaku Dance

PH - January 22, 2018

If you’re familiar with Nigerian music,  you’ll have noticed there is a long history of being able to make a hit musically when you have a good…

“I Can’t Hangout With Someone That Doesn’t Eat Amala” – Dj Cuppy
Entertainment
56 views
Entertainment
56 views

“I Can’t Hangout With Someone That Doesn’t Eat Amala” – Dj Cuppy

PH - January 22, 2018

Billionaire Daughter, DJ Cuppy, who recently went on Social media to complain about how she’s been battling with throat pain, has revealed the kind of people that…

See Inside Ex-President Jonathan’s Sitting Room In Abuja That Can’t Accommodate 10 People
Politics
63 views
Politics
63 views

See Inside Ex-President Jonathan’s Sitting Room In Abuja That Can’t Accommodate 10 People

PH - January 22, 2018

A retired Permanent Secretary and an associate of former President Goodluck Jonathan, Ambassador Godknows Igali, says the immediate past president may be the poorest former leader in…

See How Jim Iyke Rips Apart A Follower Who Urged Him To Marry
Entertainment
61 views
Entertainment
61 views

See How Jim Iyke Rips Apart A Follower Who Urged Him To Marry

PH - January 22, 2018

Nollywood Actor, Jim Iyke has lashed out at one of his followers who flogged him and urged him to marry asap, as age is not on his…

Simi Adeagbo, First African Female Skeleton Competitor in Winter Olympics featured in Nike’s “Forever First”
Featured
71 views
Featured
71 views

Simi Adeagbo, First African Female Skeleton Competitor in Winter Olympics featured in Nike’s “Forever First”

PH - January 22, 2018

Nike’s new short film ‘Forever First’ celebrates the power and mindset of Simidele Adeagbo, who is Africa’s first ever female athlete to compete in the winter sport…

SEE Photo Of Two Men Arrested With Counterfeit N8Million Cash In Niger State.
Shocking
58 views
Shocking
58 views

SEE Photo Of Two Men Arrested With Counterfeit N8Million Cash In Niger State.

MT - January 22, 2018

Following intelligence at the disposal of the Niger State Police Command in connection with the circulation of money suspected to be counterfeit, the operatives of the Command…

Goodluck Jonathan Is Broke, In Debts Over 2015 Election – Ex Diplomat, Boladei Igali Reveals
Politics
51 views
Politics
51 views

Goodluck Jonathan Is Broke, In Debts Over 2015 Election – Ex Diplomat, Boladei Igali Reveals

MT - January 22, 2018

While speaking during an interactive session with some journalists over the weekend in Abuja, former Career Diplomat and retired Permanent Secretary, Ambassador Godknows Boladei Igali, has said…

Relationship Expert, Joro Olumofin Shares 24 Qualities Of A Wife Material That Got Ladies Talking
Entertainment
58 views
Entertainment
58 views

Relationship Expert, Joro Olumofin Shares 24 Qualities Of A Wife Material That Got Ladies Talking

MT - January 22, 2018

Popular relationship expert, Joro Olumofi, has shared qualities of a wife material on his Instagram page. According to him, for men looking for wives, a lady must…

“Today Is A Very Special Day My Daughter”- Peter Okoye Celebrates Daughter, Aliona As She Turns 5
Entertainment
56 views
Entertainment
56 views

“Today Is A Very Special Day My Daughter”- Peter Okoye Celebrates Daughter, Aliona As She Turns 5

MT - January 22, 2018

Peter Okoye aka Mr. P and Lola Omotayo's daughter, Aliona turned 5-year-old today and the musician celebrated her via his Instagram page. "Today is a very special…

Meet The Soldier Who Ladies Love To Be Around With In Borno State. Photo
Inspiring
58 views
Inspiring
58 views

Meet The Soldier Who Ladies Love To Be Around With In Borno State. Photo

MT - January 22, 2018

An average Nigerian is always scared to come close to a soldier but this down-to-earth soldier who serves in Ngala of Borno – has won the hearts…

Why Rivers People Will Vote For Me In 2019 – Governor Wike
Politics
43 views
Politics
43 views

Why Rivers People Will Vote For Me In 2019 – Governor Wike

PH - January 22, 2018

Nyesom Wike, Governor of Rivers State, has said he would never ask people of the state to rig election in his favour. Speaking during a Thanksgiving service…

Inspiring: Meet The Lady Who Makes Furniture With Used Tyres Gotten From Dumpsites. [Photos]
Best of Nigeria
66 views
Best of Nigeria
66 views

Inspiring: Meet The Lady Who Makes Furniture With Used Tyres Gotten From Dumpsites. [Photos]

MT - January 22, 2018

This is really encouraging. Here’s an inspiring photo-story featuring a young entrepreneur who started making waves for herself during her teenage years. The young graduate of the…

Man Who Proposed To His Girl Friend At SARS Headquarters Finally Weds. [Photos]
Best of Nigeria
45 views
Best of Nigeria
45 views

Man Who Proposed To His Girl Friend At SARS Headquarters Finally Weds. [Photos]

MT - January 22, 2018

Last year December, A man proposed to his girlfriend of many years at the Special Anti-Robbery Squad SARS headquarters in Port Harcourt, Rivers state. The man proposed…

How Okada Rider Dumped His Wife And Got Married To Police Woman Who Helped Him
Romance and Love
56 views
Romance and Love
56 views

How Okada Rider Dumped His Wife And Got Married To Police Woman Who Helped Him

MT - January 22, 2018

A motorcycle operator identified as Essien has dumped Grace his wife of many years, and married a police woman who showed him love during his travail in…

Herdsmen Killings: ‘Why I’ll Hold Fulani Leaders Responsible For Any Attack’ – Gov. Fayose Sounds Warnings
Politics
82 views
Politics
82 views

Herdsmen Killings: ‘Why I’ll Hold Fulani Leaders Responsible For Any Attack’ – Gov. Fayose Sounds Warnings

MT - January 22, 2018

The outspoken Governor of Ekiti State, Ayodele Fayose, has sounded a warning to Serikin Fulani in the state, Muhammed Abashe, that he will be held responsible for…

Seven Banking Ideas For Students
Business
51 views
Business
51 views

Seven Banking Ideas For Students

MT - January 22, 2018

College season is near, which means that millions of freshmen from around the country will leave the snug confines of their childhood home for a room with…

Watch Banky W and Adesua Etomi at their Special Thanksgiving in England
Entertainment
52 views
Entertainment
52 views

Watch Banky W and Adesua Etomi at their Special Thanksgiving in England

PH - January 22, 2018

Arguably one of the biggest events last year, Banky W and Adesua Etomi‘s wedding, #BAAD2017, grabbed headlined for weeks on end in 2017 as the whole nation was practically watching in awe.…

“My Song ‘Science Student’ Is Not Encouraging Drug Abuse” – Olamide Responds To Critics
Entertainment
52 views
Entertainment
52 views

“My Song ‘Science Student’ Is Not Encouraging Drug Abuse” – Olamide Responds To Critics

MT - January 22, 2018

  Following thereactions that his recently released song, “ Science Student,” has sparked; Olamide has made a counter-reaction on Instagram. The musician took to Instagram to correct…

Loading...