Nigeria: Islamic Development Bank Doles Out N310 Billion for the Nation's Transformation
4 April 2012
allAfrica.com - April 3, 2012
The Islamic Development Bank (IDB) has earmarked N310 billion to support the implementation of Nigeria's transformation agenda for a two- year period, between 2012 and 2014.
Vice President Namadi Sambo, who disclosed this yesterday during a special meeting of African Governors' Forum on the Special Programme for the Development of Africa (SPDA) yesterday in Khartoum, the Sudan, said the agenda itself was anchored on five pillars including accelerating and sustaining economic growth, improving and modernizing infrastructure, strengthening human capital stock and enhancing access to social services, improving governance and increasing competitiveness, reinforcing social cohesion and main-streaming cross cutting issues.