• About
  • Advertise
  • Contact
Friday, May 9, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Economy

Ogun, 3 Other States To Benefit From N500bln Afreximbank Support Fund

Vital News by Vital News
November 18, 2023
in Economy, News
0
As Ogun Moves To Preserve Abeokuta-Sagamu Road  by Funmi Branco
Share on FacebookShare on Twitter

Ogun State is among three states in the country that will benefit from a N500 billion financial support being packaged by the African Export-Import Bank (Afreximbank) in conjunction with Access Bank.

Governor Dapo Abiodun of Ogun State disclosed this in Cairo, Egypt while speaking at the end of the Intra-African Trade Fair, put together by Afreximbank.

Abiodun , said the fund would be helpful in financing and accelerating infrastructural development in the state, noting that the state government has already signed the framework agreement.

He said : “The highlight of our participation at the IATF was the signing of a significant framework agreement with Afreximbank and Access Bank Limited.

“This agreement grants us access to a substantial amount of N500 billion in conjunction with three other Nigerian states.

RelatedStories

NASCON Records100% Growth In Dividend Payout, Attributes Higher Profitability To Massive Expansion Drive

President Tinubu In Anambra, Promises To Tackle Erosion, Reactivate Gas Plan, Integrate State Into National Rail Systems

Police Arrest Ekiti Female University Student For Faking Kidnap To Spend Night With Boyfriend

Gov. Mutfwang Flags Off Distribution Of Dangote Food Palliative In Plateau

“This financial support will play a pivotal role in financing the creation of trade and trade-enabling infrastructure.

“Its purpose is to accelerate economic diversification through infrastructure development, in line with the Africa Sub-Sovereign Network Initiative.”

Abiodun disclosed that the Ogun State team met with the President of Zimbabwe, Emmerson Mnangagwa, and the Malawian President, Lazarus McCarthy Chakwera, during which issues of mutual benefits were discussed with the two leaders.

The governor noted that discussions with the Zimbabwean president centred around collaboration in the agricultural sector, adding that the groundwork for the establishment of a partnership between the two governments was laid.

According to the governor, discussions with President Chakwera focused on fostering a mutually beneficial socio-economic relationship.

“We firmly believe that this collaboration will contribute significantly to the growth and development of our state, paving the way for a brighter economic future.

“By harnessing the potential of the agricultural sector and fostering strategic partnerships, we are confident that we can make significant advancements towards achieving our goals,” he added.  (vitalnewsngr.com)

Tags: AfreximbankAgricEgyptOgun
Previous Post

No Single Tribe Can Decide Who Becomes Governor Of Kogi – Bello

Next Post

Ex – Ondo Military Governor , Ekundayo Opaleye Is Dead, Abiodun Mourns

Vital News

Vital News

RelatedStories

NASCON Records100% Growth In Dividend Payout, Attributes Higher Profitability To Massive Expansion Drive
Business

NASCON Records100% Growth In Dividend Payout, Attributes Higher Profitability To Massive Expansion Drive

May 8, 2025
President Tinubu In Anambra, Promises To Tackle Erosion, Reactivate Gas Plan, Integrate State Into National Rail Systems
National

President Tinubu In Anambra, Promises To Tackle Erosion, Reactivate Gas Plan, Integrate State Into National Rail Systems

May 8, 2025
Police Arrest Ekiti Female University Student For Faking Kidnap To Spend Night With Boyfriend
Crime

Police Arrest Ekiti Female University Student For Faking Kidnap To Spend Night With Boyfriend

May 7, 2025
Gov. Mutfwang Flags Off Distribution Of Dangote Food Palliative In Plateau
News

Gov. Mutfwang Flags Off Distribution Of Dangote Food Palliative In Plateau

May 7, 2025
18-Year Old Boy Goes On Rampage, Impregnates 10 Girls In Anambra Village
Gender

18-Year Old Boy Goes On Rampage, Impregnates 10 Girls In Anambra Village

May 7, 2025
Next Post
Ex – Ondo Military Governor , Ekundayo Opaleye Is Dead, Abiodun Mourns

Ex - Ondo Military Governor , Ekundayo Opaleye Is Dead, Abiodun Mourns

NIS Clears 55,000 Passport Backlogs Out Of 200,000, Says Minister

Prison Decongestion : FG Flags Off Release Of 4,068 Indigent Inmates, Mobilises N585mln For Their Release

Tinubu Arrives In Germany To Attend G20 Compact With Africa Conference

Tinubu Arrives In Germany To Attend G20 Compact With Africa Conference

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Kogi Guber Election : Bello Receives More PDP Decampees Into APC

Kogi Guber Election : Bello Receives More PDP Decampees Into APC

2 years ago
Gov. Ododo Commends Troops For Restoring Peace To Bagana Community

Gov. Ododo Commends Troops For Restoring Peace To Bagana Community

5 months ago

2023 Election Is A Fight For Nigeria’s Soul, Tinubu Says As APC Flags Off Campaign In Jos

2 years ago
Abiodun Promises To Release 100 CNG Buses, Warns Transporters Against Exploitation

Hardship : Ogun Workers Now To Enjoy Two Days Off Duty

8 months ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN Court Dangote death drugs Economy EFCC Election elections FG Fraud gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power rescue road Security Senate students Tinubu US
No Result
View All Result

Highlights

New Pope Is Chosen As White Smoke Popped Up From Sistine Chapel

2027 : APGA Adopts President Bola Tinubu As Presidential Candidate

Gov. Radda, APC Chairman Present As Three PDP House Of Reps Members Defect To APC

Police Arrest Ekiti Female University Student For Faking Kidnap To Spend Night With Boyfriend

Gov. Mutfwang Flags Off Distribution Of Dangote Food Palliative In Plateau

Labour Party Suspends Abia Governor, Otti, Nwokocha, Ireti Kingibe For Anti – party

Trending

NASCON Records100% Growth In Dividend Payout, Attributes Higher Profitability To Massive Expansion Drive
Business

NASCON Records100% Growth In Dividend Payout, Attributes Higher Profitability To Massive Expansion Drive

by Vital News
May 8, 2025
0

The Management of NASCON Allied Industries Plc, has attributed significant growth in the dividend payout by 100...

President Tinubu In Anambra, Promises To Tackle Erosion, Reactivate Gas Plan, Integrate State Into National Rail Systems

President Tinubu In Anambra, Promises To Tackle Erosion, Reactivate Gas Plan, Integrate State Into National Rail Systems

May 8, 2025
Robert Prevost Is The New Pope

Robert Prevost Is The New Pope

May 8, 2025

New Pope Is Chosen As White Smoke Popped Up From Sistine Chapel

May 8, 2025
Tinubu, Dangote Refinery And Mele Kyari’s Sack

2027 : APGA Adopts President Bola Tinubu As Presidential Candidate

May 8, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • NASCON Records100% Growth In Dividend Payout, Attributes Higher Profitability To Massive Expansion Drive May 8, 2025
  • President Tinubu In Anambra, Promises To Tackle Erosion, Reactivate Gas Plan, Integrate State Into National Rail Systems May 8, 2025
  • Robert Prevost Is The New Pope May 8, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

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