President Muhammadu Buhari on Thursday welcomed an offer by the Islamic Development Bank to organise a financing round-table in Abuja to mobilise more funds for investment and development of infrastructure in Nigeria.
According to a statement by his Senior Special Assistant on Media and Publicity, Garba Shehu, the President expressed his delight at the offer at a meeting he had with the IDB President, Dr. Ahmed Mohammed Ali, in Mecca, Saudi Arabia.
The President is currently on an official visit to Saudi Arabia.
Ali was said to have assured Buhari that the IDB will work with its traditional partners such as the Saudi Fund, the Kuwait Fund, Arab Bank for Development in Africa and the Abu Dhabi Fund, to increase the quantum of funding available to Nigeria.
Welcoming the offer, Buhari restated his government’s determination to revamp and diversify the Nigerian economy rapidly.
He said, “The days of Nigeria as a big oil producer with plenty of money are gone. We need all the support we can get to diversify our economy as quickly as possible.
“We also need to rehabilitate our infrastructure, develop the domestic capacity to feed ourselves and export the surplus.”
The President welcomed the plan by the IDB to fast track the take-off of the Bilingual Education Program, aimed at integrating the Almajiri system of education with Western education in Nigeria.
The IDB has already provided $98m for the Bilingual Education Program in Adamawa, Gombe, Kaduna, Kano, Kwara, Nasarawa, Niger, Osun and Yobe.
The bank plans to support similar projects in other states of Nigeria.

www.punchng.com/islamic-bank-offer-to-nigeria-excites-buhari/

at least dose travelings Wia nt in vain

ISLAMIC BANK, ALMAJIRI, BUHARI......And nobody is seeing the hand writting on our wall...

DDeliverer:
ISLAMIC BANK, ALMAJIRI, BUHARI......And nobody is seeing the hand writting on our wall...

. FYI, GeJ/Okonjo took loan from Islamic bank to fund 2014 budget

DDeliverer:
ISLAMIC BANK, ALMAJIRI, BUHARI......And nobody is seeing the hand writting on our wall...

I can see the writing but i dont understand y its not for whole nigeria but northen nigeria. This one pass politics. Just dont mention his travels here

DDeliverer:
ISLAMIC BANK, ALMAJIRI, BUHARI......And nobody is seeing the hand writting on our wall...

Did you have conscience at all? I Pity your low life level you guys not even have a dem respect for mr president? or you think insult will cure the problem and economy downturn jonathan put us to?

johnmartus:
Did you have conscience at all? I Pity your low life level you guys not even have a dem respect for mr president? or you think insult will cure the problem and economy downturn jonathan put us to?

Its either you are in primary5 or you have stupidity encoded in your DNA.
Don't ever quote me again, for your own good!

buhari should get money to develop nigeria whether na from israeli,christian or islamic bank, substance over form

DDeliverer:


Its either you are in primary5 or you have stupidity encoded in your DNA.
Don't ever quote me again, for your own good!

Shut up. You are the one acting like someone in primary 2.

Minister of State for Finance, Alhaji Yerima Ngama, said Thursday that discussions had reached advanced stage between the federal government and the Islamic Development Bank (IDB) to secure a $600 million-loan for infrastructure development in the country.

www.thisdaylive.com/articles/fg-to-borrow-600m-from-islamic-development-bank/108986/

This was in 2012, sanctioned by your gods, GEJ and Okonjo Iweala.

Your desperate intent to promote ethnoreligious intolerance here will always be rendered useless by recorded history.

Rid yourselves of hate man. It does no one no good.

DDeliverer:
ISLAMIC BANK, ALMAJIRI, BUHARI......And nobody is seeing the hand writting on our wall...

Stop being a religious bigot. We need as much money as we can get to develop our infrastructure. I don't care where the money is coming from, all I want to see is massive development

DDeliverer:


Its either you are in primary5 or you have stupidity encoded in your DNA.
Don't ever quote me again, for your own good!

I can see how useless and unconscious you are.

DDeliverer:

Its either you are in primary5 or you have stupidity encoded in your DNA. Don't ever quote me again, for your own good!

A Chronic Chest Beater Spotted! Abeg wetin u go do if the guy quote you again?
No need of even asking you, I know the Answer, You Can do NOTHING!

98m USD . I hope to see the money spent judiciouly

Abeg wake the wailing wailers food is ready.

johnmartus:
Did you have conscience at all? I Pity your low life level you guys not even have a dem respect for mr president? or you think insult will cure the problem and economy downturn jonathan put us to?

What is this one saying again? I'm tired of reading your half baked comments here

Buhari should even invite Mohammed to donate funds for his programmes but it won't fly because he has a deficient economic team