Fidelity bank banner Bayelsa State banner
FG begs Islamic Bank for assistance

By News Express on 23/08/2016

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 1,147


Nigeria’s Minister of Finance, Mrs Kemi Adeosun, has appealed for support of the Islamic Development Bank (IDB) towards the attainment of financial inclusion and economic diversification.

She also asked for contributions from the bank towards the rebuilding of the northeast region that had been devastated by the Boko Haram insurgency.

The Minister expressed hope that this would enhance the provision of infrastructure for the Nigerian populace, as well as speed up economic development in Nigeria.

She made the appeal on Monday at a meeting with officials of the IDB in Abuja, to flag off the business activities of the bank in Nigeria.

The President of the bank, Mr Ahmad Al-Madani, explained the relationship between Nigeria and the IDB and added that the bank looked forward to a prosperous future together through the provision of basic infrastructure for Nigerians.

The meeting was later followed by the official opening of the IDB office in Nigeria.

The Nigerian government has said it is making efforts to cushion the effect of harsh economic times on Nigerians by ‘pumping money’ into the economy that the Central Bank said was near recession.

On Friday, The Minister of Finance told reporters that the government would allocate 60 billion Naira ($180 million) more spending on capital projects, as part of the 2016 budget.

Mrs Adeosun said that the allocation was an addition to earlier releases, aimed at boosting the economy.

Mrs Adeosun said that so far, the government had spent over 400 billion Naira on capital.

•Sourced from Channels TV. Photo shows Kemi Adeosun.

 

Source News Express

Posted 23/08/2016 04:25:09 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25 minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
Zimbabwe’s ex-finance minister docked for corruption after being...

Senate under fire over moves to amend Code...

Terrorist attacks likely in Lagos: US

Party storms court to seek dissolution of EFCC...

Sadiq Khan sworn in as mayor, promises a...

Rivers PDP condemns Mgboshimili killings, condoles victims’ families...

UTME candidates endorse Remita for purchase of forms...

Solar Lighting: IFC/World Bank target 90 million Nigerians...

Sunshine and cloudy weather to prevail today, says...

Lagos farmers seek sustained enforcement of ban on...

FG issues Ebola alert, trails potential victims

UBA dominates at global banking awards in London,...

 

Latest News Another Okorocha in-law joins Imo governorship race •Refuses to step down for Uche Nwosu Ngige dares Oshiomole, spurns ultimatum APC’s juicy carrots won’t stop our defection ― R-APC Spokesman Tension at Nigerian Law School over alleged blasphemy •Angry Muslim students threaten to lynch suspect PDP summons emergency National Executive Council meeting Islamic clerics, monarchs worship in Kaduna church 2019 elections: Saraki as a big factor 323 FG agencies fail to submit 2016 financial report ―Auditor General of Federation Osun PDP Guber: Ogunbiyi moves to upturn Adeleke’s victory Lagos task force clears container trucks from blocked roads Buhari not worthy of addressing ICC -- IPOB •Flays refusal to release El-Zakzaki, Dasuki despite court orders MOSOP berates Kachikwu over Petrol Service Station offer to Ogoni

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (364,215 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (359,560 views) Shameless Genevieve Nnaji exposes breasts in public (287,969 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (236,257 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (215,731 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (213,167 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (187,332 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (169,321 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (156,718 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (153,534 views) Lagos plane crash: Journalist releases victims’ names (148,321 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (139,336 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (52) Business & Economy (3,365) Business Verdict (48) Columnists (890) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (516) Features (617) Global Business Monitor (286) International (2,163) Interview (159) Live Commentary (28) Love Matters (127) News (37,379) Opinion (1,027) Pidgin (10) Politics (5,662) Religion (790) Sports (1,614) Stock Watch (33) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Nigerian detainees send SOS from Osama prison

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement