Infrastructure Upgrade: AfDB Team Meets Fayemi In Ekiti

Must Read

Jumia is battling with $17 million fraud alongside several US lawsuit

Jumia has revealed some shocking revelations this week, Africa’s largest e-commerce operator has suspended some staff over an $18m...

How ₦50 Entry Strategy impacted Oride Bike Hailing Success in Ibadan

One would have thought that the introduction of ORide, a bike hailing system backed by its specialized application (Opay...

Africa’s fastest train line completely operational

Africa’s fastest train line is fully operational. Railway infrastructure constructor Colas Rail, who built the project announced the reports. Al Boraq...
- Advertisement -
- Advertisement -

…as development bank considers the state’s request for support

The African Development Bank (AfDB)’s team of technical experts on Thursday met with Ekiti State Governor, Dr Kayode Fayemi and his team in Ado-Ekiti in furtherance of ongoing talks between the Bank and the state government on support for the upgrade of its infrastructure.

The meeting which took place at the Governor’s Office, Ado-Ekiti, was a follow up to an earlier one at the AfDB headquarters in Abidjan, Cote d’Ivoire, last month.

Some key areas the Bank is considering technical and financial support for Ekiti State Government include the knowledge zone, agriculture development, transportation, Infrastructure and governance initiatives, SMEs and job creation.

Target projects include Ado Ekiti- Akure road, Agro-allied cargo airport, the Ekiti Knowledge Zone (a smart city to promote a knowledge economy), Agriculture Processing Zone, Power Project, and job creation. AfDB’s Senior Director for Nigeria, Ebrima Faal, who led the Bank’s team to the meeting said it was important for the state to do something about its infrastructure deficit, adding that the state had taken the right step by seeking partnership with the Bank.

Read:  Ozolua Partners with Edo Monarchs to help 271,000 children and women

Faal, who said the AfDB had a good working relationship with Governor Fayemi during his first term in office and when he served as Minister of Mines and Steel Development, described the Governor as a development-focused leader.

He restated the earlier position of AfDB’s President, Dr Akinwumi Adesina, that the development bank would partner with the state in its desire to upgrade its infrastructure.

“We have been working with Dr Kayode Fayemi right from his first tenure and when he served as Minister of Mines and Steel Development. There is no doubt that he is a development-focused leader. We will support Ekiti State as the President of AfDB, Dr Akinwumi Adesina, had earlier assured.”, Faal added.

Read:  Shongai Packaging begins export of plastic pallets to West African markets

In his remarks, Governor Fayemi said the state needed to upgrade its infrastructure and invest in the agric business, which will, in turn, provide jobs for its teeming population of youths, which he put at 75 percent of the state’s total population. He added that setting up a smart city to promote the knowledge economy is also crucial to the administration.

Read:  Nigeria not among top 5 African countries for international tourism in 5 years

“We have aligned our priorities to the AfDB’s priorities and our plan is to make Ekiti a destination of choice for her citizens and all those who will like to live, work and invest in the state.  To achieve this, we need to invest heavily in infrastructure. We want to fix the roads, have our small Agro-allied cargo airport that will aid agriculture and open our landlocked state to domestic and international markets and ultimately create jobs that our state urgently needs for its vibrant and educated youth population”, the Governor added.

The AfDB team which comprised Mr Tom Robert Muhoya, Principal Water Expert; Mr Patrick Musa, Transport Expert; Mr Emmanuel Akinwunmi, Private Sector Expert; Mrs Bola Olaoye, Principal Education Expert and Mr Zock Annong Ahmed, Security Expert; later had strategic sessions with Ekiti state officials.

- Advertisement -

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

Jumia is battling with $17 million fraud alongside several US lawsuit

Jumia has revealed some shocking revelations this week, Africa’s largest e-commerce operator has suspended some staff over an $18m...

Prices Of Tomatoes, Rice, Yam reduce in July – NBS

The average price of major food items in Nigeria, like yam, rice and tomatoes, reduced in July, the National Bureau of Statistics (NBS) has...

Nimbus Media introduces new “in-house” digital screen technology

Nimbus Media, a frontline in-house advertising company has introduced a new look digital screen display technology saying that the new innovation is targeted at...

Kano, Zamfara and Cross River residents paid highest transport fares in July – NBS

Residents of Kano, Zamfara and Cross River paid the highest intra-city bus journey fares in Nigeria in July, the National Bureau of Statistics (NBS)...

More Articles Like This