Nigeria welcomes support from Islamic Development Bank

Timothy Choji, Niamey 

Nigeria's President, Muhammadu Buhari

Nigerian Government has welcomed the support the country has been receiving from the Islamic Development Bank.

President Muhammadu Buhari stated that with a growing population and infrastructure deficit, no amount of money is too much to revamp Nigeria’s development challenges.

Speaking in Niamey, Niger Republic on Sunday night, the President said: ‘‘We need all the support we can get on infrastructure because the oil will not last forever,” President Buhari told Dr. Mansur Muhtar, Vice President, Islamic Development Bank (IDB), during a bilateral meeting on the margins of the AU Summit.

He 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.

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.