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FG signs 70M


FG signs 70M Euro Bilateral deal with German
Government

The Federal Government on Friday in Abuja signed a
70M Euros additional financing bilateral agreement with the
Republic of Germany on sustainable economic development, renewable
energy, polio eradication, strengthening resilience of
internally-displaced persons and host communities in northern
Nigeria, education, peace and Security, amongst others.

At
the signing ceremony, Minister of state for Budget and National
Planning, Prince Clem Ikanade Agba explained that the areas of
intervention by the Government of Germany were in line with
economic sustainability and inclusive growth espoused by the
Government of Nigeria in the Economic and Recovery Growth
Plan.

Praising the efforts of the consultative meeting, which
produced the agreement, Prince Agba said that it had provided a
platform for a coordinated approach to economic cooperation between
the two countries. The forum also reviewed and strengthened the
existing cooperation as well as discussed further on expansion of
the cooperation between Nigeria and Germany.

The
Minister therefore commended the German Government for its
continuous support and commitment to the development of the
Nigerian nation since the 1960s.

Speaking on behalf of the Government of Germany, leader of
the delegation and head of the German Ministry of Economic
Cooperation and Development (BMZ), Mr. Christoph Raul maintained
that Germany is pleased with efforts of the present government at
growing the economy.

He
further stated that the Republic of Germany had partnered the
country in her march towards polio eradication which had led to 3
years of absence of the white polio virus, and further expressed
the commitment of the German government to achieve its economic
policies.

 

Ifeanyi Okereke

For: Director Press, MBNP

October 4th, 2019.

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