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Developmental Projects: AfDB Earmarks $220m For Nigeria


The African Development Bank, AfDB has earmarked 220 million dollars for various intervention projects in the country.

The Bank’s President Akinwumi Adesina, said this at the official launch of Inclusive Basic Service Delivery and Livelihood Empowerment Integrated Programme in Abuja.

Akinwumi Adesina, President African Development Bank, AfDB

Adesina was represented by the Senior Director of the bank, Ebrima Faal.

He explained that 20 million dollars would be approved soon by the management of the bank, for its programme designed as `say no to famine’ by addressing food insecurity and malnutrition.

He said that 200 million dollars which had been approved by the management would be used for rural electrification projects across the country.

The Bank noted that the Nigeria electrification project is countrywide and aimed at delivering energy access to unserved and underserved communities in the country.

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