Tag Archives: AfDB

AFDB targeting creation of 400,000 jobs in Nigeria- Official

African Development Bank (AfDB) said it is targeting the creation of 400,000 jobs through the establishment of Special Agro-industrial Processing Zones (SAPZs) across the country. Its Director-General, Nigeria Country Department, Lamin Barrow, who spoke at the Agribusiness & Food Security Summit organised by Vanguard Newspapers in Lagos yesterday, noted that being government-enabled and private sector- led, Phase 1 of the ...

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Osinbajo inaugurates AfDB country office, says $6bn portfolio enhances job creation

Vice-President, Yemi Osinbajo, on Thursday, inaugurated the Country Office of the African Development Bank (AfDB). He praised the banks $6 billion portfolio in Nigeria, which enhanced job creation.  He particularly mention his delighted that the bank has been working closely with the Buhari  administration in addressing the challenges facing the people affected by insurgency in the North East and militancy ...

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Nigeria is largest shareholder in AfDB with portfolio of $6bn – Official

The Nigeria Country Director of African Development Bank (AfDB), Ebrima Faal, has said that Nigeria is the bank’s largest shareholder, with a portfolio of approximately six billion U.S dollars. Faai announced this in a statement issued on Monday and made available in Abuja. Faal said that President Muhammadu Buhari would inaugurate the bank’s new office complex, in Abuja, on January ...

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