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Nigeria To Float Development Bank – Buhari - Politics - Nairaland

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Nigeria To Float Development Bank – Buhari by sarrki(m): 9:27pm On Oct 14, 2016
Olalekan Adetayo, Abuja

President Muhammadu Buhari on Friday disclosed that a new bank, Development Bank of Nigeria, would soon begin operations to strengthen the government’s economic diversification programme.

According to a statement by his Senior Special Assistant on Media and Publicity, Garba Shehu, the President spoke while addressing the German-Nigeria Business Forum in Berlin.

 Buhari was quoted as saying that the bank, when fully operational, would support small and medium enterprises in the country, by improving their access to financing.

“Our ambitions of creating a diversified and inclusive economy in Nigeria can only be achieved by having a mix of small, medium and large businesses.

“This is why we worked with the German development agency, KFW, in designing the Development Bank of Nigeria which will support the small and medium size enterprises both financially and technically to ensure they take their rightful place in the industrialization value chain.

“I am pleased to announce that Development Bank of Nigeria will be taking off soon and should be a game changer in our economic diversification plans,’’ he said.

 Buhari, who described  Foreign Direct Investment into Nigeria from Germany as modest, urged prospective investors at the gathering to go beyond the expressions of interest and make binding commitments for trade, investments and industry in the key priority sectors of Agriculture, infrastructure, solid minerals and digital economy.

He said Nigeria which recorded a trade volume of 2.96 billion Dollars with Germany in 2015, still had a great deal of unexploited potential and room to diversify its exports to Germany and increase overall trade volumes



http://punchng.com/nigeria-float-development-bank-buhari/

1 Like

Re: Nigeria To Float Development Bank – Buhari by madridguy(m): 9:33pm On Oct 14, 2016
Good development.

8 Likes 1 Share

Re: Nigeria To Float Development Bank – Buhari by Nateben(m): 9:44pm On Oct 14, 2016
undecided

6 Likes

Re: Nigeria To Float Development Bank – Buhari by Nobody: 9:34am On Oct 15, 2016
To be headed and controlled by the born to rule.

6 Likes

Re: Nigeria To Float Development Bank – Buhari by abokibuhari: 9:34am On Oct 15, 2016
Use less president

4 Likes

Re: Nigeria To Float Development Bank – Buhari by Donshemzy1234: 9:35am On Oct 15, 2016
2018 is fast approaching

3 Likes 1 Share

Re: Nigeria To Float Development Bank – Buhari by veekid(m): 9:35am On Oct 15, 2016
E b like yeye dey worry this man

4 Likes

Re: Nigeria To Float Development Bank – Buhari by DickDastardly(m): 9:35am On Oct 15, 2016
Maths = F9
U still want float bank? On top water? Illiterate daura dullington grin cheesy

9 Likes

Re: Nigeria To Float Development Bank – Buhari by lastmessenger: 9:37am On Oct 15, 2016
First good news today.thanks to jah.

5 Likes

Re: Nigeria To Float Development Bank – Buhari by SaintzPeter(m): 9:39am On Oct 15, 2016
.
Re: Nigeria To Float Development Bank – Buhari by EbukaLive(m): 9:42am On Oct 15, 2016
To: This is the most used word since Buhari came to power. FG set to do this. FG set to do that...



In other news; I just went into the other room...

7 Likes

Re: Nigeria To Float Development Bank – Buhari by omowolewa: 9:43am On Oct 15, 2016
Thatz good, that will work hand-in-hand with the Mortgage bank, Agric Bank, Bank of Industry and NEXIM banks which are on ground.

6 Likes

Re: Nigeria To Float Development Bank – Buhari by Boyoorisha: 9:46am On Oct 15, 2016
DickDastardly:
Maths = F9
U still want float bank? On top water? Illiterate daura dullington grin cheesy

You sound like the real illiterate here

14 Likes 1 Share

Re: Nigeria To Float Development Bank – Buhari by greatiyk4u(m): 9:48am On Oct 15, 2016
This man truly has a destination...... A reason he hardly listen to distractors including his own "Aisha"

I am proud to be alive to witness the rebirth of a brand new nigeria
Truly nothing good comes easy

Kudos PMB

11 Likes 1 Share

Re: Nigeria To Float Development Bank – Buhari by Redoil: 9:50am On Oct 15, 2016
Why not strengten the development bank in existence why do you want to create more problem you can not solve. The dullness of Buhari and his team is becoming something else
If you agree with me that Buhari is too dull to rule a complex nation like nigeria click like
If you disagree click share.

11 Likes 1 Share

Re: Nigeria To Float Development Bank – Buhari by uchelouis45(m): 9:51am On Oct 15, 2016
'To'. 'Will Soon'. Its all we hear these days.

4 Likes

Re: Nigeria To Float Development Bank – Buhari by Marcus992000(m): 9:52am On Oct 15, 2016
Hmmm....atimes, I wonder how we reason atimes. We allow how reasoning be maneuvered by hate and dislike. Whatever is said, we complain. If the government does anything, we complain, faulting the policy behind it. At the same time if nothing. Is done, we complain that the government is ineffectuve and just dull.

This is a welcome development, alot of people will get employment, skilled labour, unskilled labour across the various branches that would be sited. President travelling to developed countries, attending various programs to attract enough FDI. Question be told, If you were a foreign body, would you invest in an ustable Boko Haram stricken Nigeria as at 2014-15? I know there is alot of things wrong with this government , but lets applaud it too when it does something right. Atimes, the best way to correct a child that keeps doing alot of things wrong is to appreciate the little he does right and motivate him to do more of such, celebrating his success while constructively critizing him for his wrongs.

Peace out

11 Likes 2 Shares

Re: Nigeria To Float Development Bank – Buhari by DLondonboiy: 9:54am On Oct 15, 2016
Seems Nobody is interested in this news..

Eeya

2 Likes 1 Share

Re: Nigeria To Float Development Bank – Buhari by joinnow: 9:55am On Oct 15, 2016
When they float the development bank
Hope they won't ask you to bring your great grandma and grandpa to be able to access loan
Hope they will give loan to start up biz

2 Likes

Re: Nigeria To Float Development Bank – Buhari by mu2sa2: 9:56am On Oct 15, 2016
In six years Gej destroyed the economy . Sadly, it is more difficult to re/build than to destroy. This is the dilemma nigeria is facing.

5 Likes

Re: Nigeria To Float Development Bank – Buhari by muhammed10: 9:57am On Oct 15, 2016
The float need life vext
Re: Nigeria To Float Development Bank – Buhari by Progressive01(m): 9:59am On Oct 15, 2016
It is well with my beloved country. smiley

Ride on Baba, we are solidly behind you and are super confident you won't disappoint us. smiley

4 Likes

Re: Nigeria To Float Development Bank – Buhari by richidinho(m): 10:01am On Oct 15, 2016
Collateral is always the issue
Re: Nigeria To Float Development Bank – Buhari by richidinho(m): 10:03am On Oct 15, 2016
omowolewa:
That good, that will work hand-in-hand with the Mortgage bank, Agric Bank, Bank of Industry and NEXIM banks which are on ground.

Which of them is active if i may ask?

1 Like

Re: Nigeria To Float Development Bank – Buhari by ephi123(f): 10:13am On Oct 15, 2016
EbukaLive:
To: This is the most used word since Buhari came to power. FG set to do this. FG set to do that...



In other news; I just went into the other room...
Re: Nigeria To Float Development Bank – Buhari by azimibraun: 10:14am On Oct 15, 2016
richidinho:


Which of them is active if i may ask?
All of them... Bad Belle.
Re: Nigeria To Float Development Bank – Buhari by friimarket01: 10:34am On Oct 15, 2016
as if that is not what we have been clamouring for. let us create a development bank where we can grant small businesses access to facilities that they need

2 Likes

Re: Nigeria To Float Development Bank – Buhari by Earth2Metahuman: 10:41am On Oct 15, 2016
Sai buhari

1 Like

Re: Nigeria To Float Development Bank – Buhari by Alexsmith20(m): 10:51am On Oct 15, 2016
I hope it takes us out of this recession.
Re: Nigeria To Float Development Bank – Buhari by simpleseyi: 11:01am On Oct 15, 2016
DickDastardly:
Maths = F9
U still want float bank? On top water? Illiterate daura dullington grin cheesy

Your PhD holder the ineffectual buffoon husband of the cantankerous sheppopo Mama Piss shared all our oyel money with his gang of looters lead by ATM-Dasuki and the puff-puff cheeked world bank fraudster called Okonjo-Iwealla.

3 Likes

Re: Nigeria To Float Development Bank – Buhari by Caseless: 11:30am On Oct 15, 2016
lastmessenger:
First good news today.thanks to jah.
a very good news.

1 Like

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