Stella Dimoko Korkus.com: Nigerian Govt Reportedly Secures €300m Development Finance Deal With France

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Saturday, November 30, 2024

Nigerian Govt Reportedly Secures €300m Development Finance Deal With France

The Nigerian government has announced that it has secured a €300 million worth of development financing partnership with the French government.
Nigeria’s Ministry of Finance disclosed in a statement on Friday through its official X account.


According to the statement, the Minister of Finance, Wale Edun, led the Nigerian government to the partnership with the French government.
The ministry noted that the partnership will strengthen key sectors of Nigeria’s economy and drive sustainable development, including healthcare, transportation, agricultural value chains, and renewable energy.

“The Letter of Intent [was] co-signed by Mr. Edun and France’s Minister of Economy, Finance, and Industry, Mr. Antoine Armand.”
In Edun’s remarks, he said: “This partnership goes beyond financial support. It is about building robust, sustainable systems that foster development and empower Nigerians. It reflects the confidence of international partners in the progress of Nigeria’s economic reforms.”

8 comments:

  1. They are done with china,now it’s France
    I knew it e no go pass debt
    Borrow borrow no pay
    When I saw his picture I was literally screaming
    France no give an money oh…
    Chai

    ReplyDelete
  2. Hope and pray it translates to ....

    ReplyDelete
  3. Straight into pockets- naa so dem dey run am since 1960

    ReplyDelete
  4. So this is what they went to do. Borrow borrow govt.

    ReplyDelete
  5. What's the collateral for the loan? Our natural resources ba? Continue...

    ReplyDelete
  6. Naija dey sink everyday. More money to loot, na una the masses go pay back!

    ReplyDelete

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