From Yakubu Mustapha Minna
Niger State Government has signed a Memorandum Of Understanding with the ECOWAS Bank for Investment and Development to finance 4 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 to include; Construction of the Madalla-Suleja -Maje dual carriage road at $30m, Construction of Madalla Green Economic Market at $11m.
Others are; Construction/conversion of the former Secretariat into School of Medical and Health Sciences at S40 m and Construction of 8 International Trailer Rarks in Mokwa, Tafa, Lambata, Bida, Makera, Dikko, Tagina and Kontagora at sum of $43m respectively.
The Niger State government was represented by the Commissioner of Finance, Lawal Adamu Maikano, and Sammy Adigun, Chairman of Niger Foods while 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 state by opening up new opportunities for investment promotion in the region, accelerate the infrastructure advancement which will create much job opportunities, improve the health sector and bring the “New Niger” agenda of Governor Mohammed Umaru Bago to fruition.
The state has taken advantage of the
EBID Bank established to promote cooperation, integration and economic development of West African countries that currently comprises 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 Leane and Toge.