President Muhammadu Buhari says the offer by the Islamic Development Bank (IDB) to organize a financing roundtable in Abuja to mobilize more funds for investment and development of infrastructure in Nigeria, is highly welcomed by his government.

Buhari said this during his meeting with the President of the IDB, Dr Ahmed Mohammed Ali in Saudi Arabia today February 25th.

A statement by Presidential media aide, Shehu Garba, states that Buhari during the meeting, restated his government's determination to revamp and diversify the Nigerian economy rapidly.

"The days of Nigeria as a big oil producer with plenty of money are gone. We need all the support we can get to diversify our economy as quickly as possible. We also need to rehabilitate our infrastructure, develop the domestic capacity to feed ourselves and export the surplus,".


President Buhari welcomed the plan by the IDB to fast track the take-off of the Bilingual Education Program, aimed at integrating the Almajiri system of education with Western education in Nigeria. IDP President, Dr. Ali assured President Buhari that the IDB will work with its traditional partners such as the Saudi Fund, the Kuwait Fund, Arab Bank for Development in Africa and the Abu Dhabi Fund, to increase the quantum of funding available to Nigeria.

The IDB has already provided US$ 98 million for the Bilingual Education Program in Adamawa, Gombe, Kaduna, Kano, Kwara, Nasarawa, Niger, Osun and Yobe. The bank plans to support similar projects in other states of Nigeria.

Source: http://www.latestamebonaija.com/2016/02/buhari-welcomes-offer-from-islamic.html

See more exclusive pix from the visit

http://www.latestamebonaija.com/2016/02/buhari-welcomes-offer-from-islamic.html

Arab money

Ok

Presido b like:

see dis one dey form humbleness, I hop u no do business with jona?

Hmmmm... This sounds dicy, hope the other end of the bargain wasn't to institute Sharia in Nigeria or Islamize it. I'm scared of deals like these.

Arab/Oyel money!
.
.
.
.
.
Why does it look like that dude is not interested in what bubu is saying

Good one...

uhm.. hope they won't use it to promote terrorism ?

To raise fanatical Muslims who will develop greater convictions about the ethicality of terrorism.

We don't want islam here.

I hate anything Islamic

I hope this is not a Greek gift

They should use their islamic money to develop northern states, we don't need them in the south

It shall be well with my country. I believe!!

God bless the president.

God bless Nigerians.


Ps: For those who'd rush in here to spill their bigoted guts all over the place just to promote hatred for another man's religion, this is for you:

Minister of State for Finance, Alhaji Yerima Ngama, said Thursday that discussions had reached advanced stage between the federal government and the Islamic Development Bank (IDB) to secure a $600 million-loan for infrastructure development in the country.

www.thisdaylive.com/articles/fg-to-borrow-600m-from-islamic-development-bank/108986/

This was in 2012, sanctioned by your gods, GEJ and Okonjo Iweala.

Is this all your gallivanting could produce??
Pure Scam

Humm

ayoola648:
uhm.. hope they won't use it to promote terrorism ?

plz grow up kid.

It is finally here. Our initiation.

today is my birthday. HAPPY BIRTHDAY TO ME



Pls guys shower me with likes

Note it down: Some are still coming to view this from religion angle. This is a welcome development...

Babas travelling has started to yield positive results. Nigeria go soon better

Now that's what we need , some correct Arab money without unnecessary requirements.

IMF and world bank can go jump into a crocodile infested river

As long as it will make life better for everyone.


But caution please! Forget about interest-free. Nothing goes for nothing

He should also welcome an offer for him to stay in one of those foreign countries and leave us alone.
We obviously didn't know we were electing a travelling president

Can the Islamic Development Bank fund anything unislamic? Almajiri, bilingual education, moslem states including Osun etc.
I doubt if the SE and the SS will smell this money.
I'm not a bigot, I'm being realistic. Again, I'll want to be proved wrong .

sugarbelly1:
Arab money

Islamic IMF

I'm not satisfied!

SAY NO TO ISLAMIZATION OF NIGERIA!

Donariok:
BRING BACK OUR CORRUPTION!!!
With Corruption a bag of pure water was N80
Without Corruption a bag of pure water is N150
With Corruption dollar was N180
Without Corruption dollar is N400
With Corruption I have 20hrs electricity at low
tariff
Without Corruption I have 7hrs electricity
with 45% increase in tariff
With Corruption keke to my house takes N50
Without Corruption keke to my house takes
N100
WithCorruption smallest indomie was N40
Without Corruption smallest indomie is N60
The list can go on and on but I just have to end
it
and take a stand......
# IStandWithCorruption
# Bringbackourcorruption
# WakawakaBuhari
# BuharibringbackNigeria
# Bringbacknaira
If with Corruption Dollar was N180 and without
Corruption Dollar is now N425,
Brother and Sisters, you will agree with me that
we need corruption in this country...
Titus Sardine started with 4 fishes, it reduced
to
3. Then now it's 2.
In years to come, you'll open Sardine and see
"Try
Again Later"

See how stupid you sound, whomever you mortgaged your brain to abeg go and collect it back

He never told us wat they will have in return,cos probably dey with ask for something in return.

sweetgala:
Now that's what we need , some correct Arab money without unnecessary requirements.

IMF and world bank can go jump into a crocodile infested river

Dey r d same with different names

Network problem.

clefstone:
They should use their islamic money to develop northern states, we don't need them in the south

I see they are already helping my state Osun, you and your apparent Christian southern brothers can go collect loan from the Godless IMF, I doubt the Chinese want to do business with you lot to be sincere