By Mohammed Baba Busu
Niger Government has signed a Memorandum Of Understanding with the ECOWAS Bank for Investment and Development to finance four major projects to the sum of $114 million in various socio-economic sectors.
The MoU was reached at the ECOWAS Investment Forum (EIF) that took place in Lome, Togo.
The projects to be financed include; the construction of the Madalla-Suleja -Maje dual carriage road at $30m and the construction of the Madalla Green Economic Market at $11m.
Others are; the construction/conversion of the former Secretariat into the School of Medical and Health Sciences at S40 m and the construction of right International Trailer Parks in Mokwa, Tafa, Lambata, Bida, Makera, Dikko, Tagina and Kontagora at the sum of $43m.
The Niger Government was represented by the Commissioner for Finance, Lawal Adamu Maikano and Sammy Adigun, Chairman of Niger Foods.
On the other hand, ECOWAS Bank of Development and Investment was represented by Dr. Olagunju M. Olalekan Ashimolowo, Vice-President of Operations, Dr. George Agyekum Donkor, DBA, President and Chairman of the Board of Directors, among others.
This is a deliberate plan to streamline the ongoing transformation of Niger by opening up new opportunities for investment promotion in the region and accelerating the infrastructure advancement.
This will create more job opportunities, improve the health sector and bring the “New Niger” agenda of Gov. Umaru Bago to fruition.
The state has taken advantage of the
EBID Bank was established to promote cooperation, integration and economic development of West African countries.
They comprise fifteen (15) Member States including Benin, Burkina Faso, Cape Verde, Cote d’Ivoire, The Gambia, Ghana, Guinea, Guinea Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo
