• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, May 22, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

AfDB, Enugu state in partnership to drive investment, infrastructure

AfDB

The Matters Press by The Matters Press
January 27, 2024
Reading Time: 2 mins read
0
Nigeria gets AfDB’s $14m as member of ATI

AfDB

Enugu, Jan. 27, 2024: The African Development Bank (AfDB) says it is committed to partnering Enugu State Government on investment, infrastructure and other projects to attract development and transform the lives of citizens.

RELATED POSTS

IN DEFENCE OF PRESIDENT TINUBU’S DEBTS-FOR-INFRASTRUCTURE POLICY

Tinubu’s economic reforms grow Nigeria’s export earnings by 38.68% – TMV

Tinubu engages global investors in Paris

The Director-General of AfDB, Nigeria Country Department, Lamin Barrow, made this known during a courtesy visit to the Gov. Peter Mbah, at the Government House, Enugu.

According to him, Nigeria is strategic to the bank’s programmes.

He said that the phase one of some of the programmes, especially in the area of Special Agro-Processing Zone (SAPZ), which was about 18 million dollars, had been approved.

Barrow explained that AfDB, being Africa’s foremost development and financial bank, was in the process of rolling out the second phase, which would integrate Enugu State into the programme.

“I am here to discuss with the Governor of Enugu State on the programme for the state,” he said.

Barrow said that phase two of the programme would support the implementation of the SAPZ project–which the state had already undertaken–covering agro-allied crops like cassava, maize, that it had competitive advantage.

He said that SAPZ was helping to develop value chains for the crops and adding value to primary crops, as well as reducing post-harvest losses.

Barrow said that the bank was also developing strong linkages with stakeholder farmers, training and creating financial support for the farmers’ activities.

He also said the bank would assist the state in de-risking investment flow in its efforts to strengthen and enhance production.

According to him, AfDB will also enhance high yielding income, and drive agricultural produce beyond food security to exportation for the state and Nigeria in general.

On his part, Skipper Group President, Jitender Sachdeva, said that his company had already concluded with the governor to construct the green special agro-allied industry zone, which also fell within the AfDB’s programme.

He said that the infrastructure, which they were collaborating with AfDB to step up would facilitate the ease of doing business in the state and ensure self-sustained green electricity for each factory operating in the state.

“We are here for you in terms of infrastructure, power, agro-processing zones, among other projects; the kind of energy, positivity and simplicity I have seen in you, I can assure you we are going to start immediately,” he said.

Responding, Mbah expressed excitement over the choice of Enugu State by AfDB and other development partners for the second phase of the Special Agro-Processing Zone.

He said that his administration had already committed considerable amount of financial resources in the sector and would be ready to explore the opportunities which AfDB was presenting to the state.

The governor assured the AfDB boss that Enugu had fulfilled all the pre-conditions for the project to take off.

“I want to inform you that Enugu State is ready and we have prepared all the prerequisite documentations and all the surveys you need to be able to get started with this project.

“We have done the environmental and social impact assessments; we have identified a sizeable land that will host a Special Agro-Processing Zone, and put aside over 1000 hectares very close to the city that would be used for the Special Agro-Processing Zone.

“We have also done the feasibility studies,” the governor said.

Mbah added that the state already had a fertile land and was performing better than other states in the cultivation and production of soya beans, cassava, rice, maize, cashew nuts, pineapple, among other food crops.

Tags: AfDB
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Nigeria’s  Transparent Civil Service Recruitment exciting
Economy/Technology

IN DEFENCE OF PRESIDENT TINUBU’S DEBTS-FOR-INFRASTRUCTURE POLICY

May 18, 2026
Council seeks incentives to boost indigenous ship operations
Economy/Technology

Tinubu’s economic reforms grow Nigeria’s export earnings by 38.68% – TMV

May 7, 2026
Tinubu engages global investors in Paris
Economy/Technology

Tinubu engages global investors in Paris

May 6, 2026
TMSG to ADC: You are a motley crew of power mongers, palace jesters
Economy/Technology

Tinubu vindicated as opposition coalition collapsed under the weight of Atiku, Obi’s lust for power-Group

May 6, 2026
Tinubu explains mission as he marks second year in office
Economy/Technology

IMPI faults opposition, rates Tinubu’s policies successful, as Naira succeeds as Africa’s second-best-performing currency against dollar

April 29, 2026
NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

ANALYSIS: HOW TINUBU’S REFORMS TRIGGER HIGH REVENUE EARNINGS IN NIGERIA’S REAL SECTOR

April 29, 2026
Next Post
FIRS deploys tech platform for tax collection

Expanding tax dragnet to increase revenue, reduce debt

3,000 manufacturers to attend global fair on industrial solution in Lagos

150 Indian companies invest $27b in Nigeria

Recommended Stories

Buhari attends Jumat service

Buhari attends Jumat service

June 5, 2020
Egypt’s economic strides excite AfDB

Nigeria needs an industrial revolution – Adesina

July 13, 2023
Nigeria moves to roll out plan to boost livestock

Feed constitutes 70% of cost of livestock production

May 9, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • IN DEFENCE OF PRESIDENT TINUBU’S DEBTS-FOR-INFRASTRUCTURE POLICY
  • Tinubu’s economic reforms grow Nigeria’s export earnings by 38.68% – TMV
  • Tinubu engages global investors in Paris

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

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
Call Us