Abuja - The Minister of Budget and National
Planning, Udoma Udo Udoma, has expressed the federal government’s desire to build stronger relationships with
the Infrastructure Bank to enhance the diversification of the economy.
He disclosed the interest during a meeting with a delegation
of the management of The Infrastructure Bank (TIB), led by its Chief Executive Officer,
Adekunle Oyinloye, in Abuja.
Udoma said partnering the bank would create an environment
for the private sector to thrive much to the betterment of prospects of
diversifying the economy.
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It is anticipated the bank would support projects in sectors
has earmarked could broaden the country’s horizons from crude oil.
“There is need to put Nigeria back to work. This can only be
achieved by increasing production in agriculture and encouraging small and
medium scale enterprises,” the minister said.
Oyinloye meanwhile said the bank had been a partner with the
former National Planning Commission (NPC) in the last two years and had been a
key stakeholder in the implementation process and supporting the infrastructure
related initiatives in the country.
- CAJ News