• Contact
  • Jobs
Friday, July 18, 2025
  • Login
No Result
View All Result
Diplomatic Watch
  • About Us
    • Editorial
    • Opinion
    • Interview
    • Contact
  • Diplomacy
    • Appointments
  • Economy
  • Regions
    • Africa
    • Americas
    • Asia
    • Europe
    • Oceania
  • Business
  • Politics & Policy
  • Opinion
  • Events
  • News Update
    • Fashion & Lifestyle
    • Health
    • Sports
    • Technology
  • About Us
    • Editorial
    • Opinion
    • Interview
    • Contact
  • Diplomacy
    • Appointments
  • Economy
  • Regions
    • Africa
    • Americas
    • Asia
    • Europe
    • Oceania
  • Business
  • Politics & Policy
  • Opinion
  • Events
  • News Update
    • Fashion & Lifestyle
    • Health
    • Sports
    • Technology
No Result
View All Result
Diplomatic Watch
No Result
View All Result
Home Economy

EU Bank Investment Plan Complements Economic Recovery Plan Program – FG

Victor Gotevbe by Victor Gotevbe
June 27, 2018
Reading Time: 2 mins read
0
Share on FacebookShare on Twitter
Mrs Zainab Ahmed, Nigeria’s Minister of State, Ministry of Budget and National Planning

By: Fiona Freddy

The Federal Government on Tuesday commended the European Investment Bank (EIB) plan to invest between 800 million euros and one billion euros in the Nigerian economy.

Minister of State, Ministry of Budget and National Planning, Mrs Zainab Ahmed stated this at the EIB interactive meeting with its clients and other stakeholders in Abuja said the plan would complement the Federal Government Economic Recovery and Growth Plan.

ALSO READ

AfDB, Asian Bank Renew MoU On Economic Development For Africa

AfDB, Asian Bank Renew MoU On Economic Development For Africa

July 3, 2025
Uzbekistan, U.S. Business Forum 2025: Driving Investment & Trade in Tashkent

Uzbekistan, U.S. Business Forum 2025: Driving Investment & Trade in Tashkent

June 16, 2025

She said, “Over the past 20 years, EIB had facilitated numerous public private sector driven projects totaling about 1.60 billion euros in Nigeria in the areas of agriculture, power transportation, Small and Medium Scale Enterprises (SMEs).

“All of these have significant impact on the employment and has significantly contributed to the turn- around of the industrialization efforts of the government.

“The Bank’s recent commitment to make available between 800 million and one billion euros for public sector investment, demonstrates the growing the EU-Nigeria ties and EU confidence in the Nigeria economy,” she said.

“As the EIB celebrates its 60 years of establishment and service to humanity, we wish to congratulate you and to see that the work you do is actually directly complimenting the Nigeria Economic Recovery and Growth Plan (ERGP).

“The ERGP is a short medium term that seeks to economy and to assist to grow the Nigeria economy in manner that is both sustainable and inclusive.

“The ERGP was designed to leverage the power of the private sector and you are directly contributing through that.”

ADVERTISEMENT

“We had the plan and in our budget to gracious provide fund to crowd in more fund, we appreciate the various instrumentality of the various packages that you have,” she said.

The minister urged the bank to make its presence stronger in Nigeria by having Nigeria branch.

She said: “with all that you have done in our country with the largest investment Africa being Nigeria we want you to have your presence in Nigeria, and open in Nigeria EIB Nigeria office.

“We urged the EIB to continue with the good work that it has been doing. I wish to assure its management of the conducive business environment and market in the Nigerian economy to guarantee decent returns on investments.

“In this regard, I urge the bank to key in to the bright outlook in our economy as we look forward to commissioning its business office in our country very soon,” she said

Victor Gotevbe

Victor Gotevbe

Related Posts

AfDB, Asian Bank Renew MoU On Economic Development For Africa
Africa

AfDB, Asian Bank Renew MoU On Economic Development For Africa

July 3, 2025
Uzbekistan, U.S. Business Forum 2025: Driving Investment & Trade in Tashkent
Americas

Uzbekistan, U.S. Business Forum 2025: Driving Investment & Trade in Tashkent

June 16, 2025

Women In Diplomacy Event

Diplomatic Watch Youtube

https://www.youtube.com/watch?v=XsPKAllVewE

Subscribe To Newsletter

Young Diplomats Forum

Young Diplomats Forum
ADVERTISEMENT

About us

Diplomatic Watch Magazine is a premium publication that covers news, analysis, and opinion on global diplomacy, international relations, and foreign policy.

Category

  • Business & Investment (137)
  • Culture & Tourism (134)
  • Diplomacy (1,122)
    • Appointments (35)
  • Economy (97)
  • Editorial (5)
  • Events (202)
  • Interview (56)
  • News Update (319)
    • Fashion & Lifestyle (15)
      • Look Your Best With Jane Pennewell (7)
    • Health (12)
    • Sports (22)
    • Technology (55)
  • Opinion (47)
  • Photo Gallery (10)
  • Politics & Policy (91)
  • Regions (264)
    • Africa (55)
    • Americas (59)
    • Asia (96)
    • Europe (87)
    • Middle East (28)
    • Oceania (23)

Contact Us

Diplomatic Watch HQ

  • – 1218 16th St NW, (5th Floor) Washington, DC 20036, USA
  • – Maryland
  • – Lagos
  • – Abuja

Contact Information

  • Tel: +12407979135
  • Email: info@diplomaticwatch.com
  • About Us
  • Careers
  • Contact

© 2024 Diplomatic Watch Magazine - All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • About Us
    • Editorial
    • Opinion
    • Interview
    • Contact
  • Diplomacy
    • Appointments
  • Economy
  • Regions
    • Africa
    • Americas
    • Asia
    • Europe
    • Oceania
  • Business
  • Politics & Policy
  • Opinion
  • Events
  • News Update
    • Fashion & Lifestyle
    • Health
    • Sports
    • Technology