AfDB, Nigeria strengthen ties to drive growth in critical sectors
Nigeria and African Development Bank Group (AfDB) have strengthened ties to further boost economic growth in critical areas such as agriculture, infrastructure, and youth development.
A delegation from the AfDB, led by Dr Abdul Kamara, Director General, Nigeria Country Department, met with Coordinating Minister for Finance, Mr. Wale Edun.
Dr Kamara announced the launch of a new Country Strategy Paper and reaffirmed the AfDB’s commitment to transformative projects, including the second phase of the National Agricultural Growth Scheme (NAGS), a key initiative for food security and rural development.
He also reported progress in the Special Agro-Industrial Processing Zones (SAPZ), with infrastructure advances in Sokoto and planned expansions in Cross River and Kaduna States.
The AfDB further emphasised support for youth entrepreneurship through initiatives such as the Youth Enterprise Investment Fund, aimed at job creation and economic inclusion.
The Minister lauded the AfDB’s contributions, underscoring the Bank’s role as a critical partner in Nigeria’s economic revitalisation through agriculture, infrastructure, and youth empowerment.
