The Federal Government has signed an agreement with the African Export-Import Bank (Afrexim Bank) for Nigeria to host the bank’s 32nd Annual Meetings (AAM).
The agreement was signed on Tuesday at the Federal Ministry of Finance Headquarters Auditorium in Abuja, with the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, representing the Nigerian government.
Also present at the ceremony was Afreximbank President, Prof. Benedict Oramah, the Minister of Information and National Orientation, Alhaji Mohammed Idris and the Permanent Secretary in the Federal Ministry of Finance, Mrs Lydia Shehu Jafiya
In his address Edun confirmed that President Bola Tinubu approved Nigeria as the host nation.
He said: “We are, therefore, delighted to work with Afreximbank management and give them our full support.”
He commended Afreximbank’s commitment to supporting Africa and Nigeria’s economic growth and improving their healthcare infrastructure in particular.
“We are all aware of the range of innovative financing programmes and solutions offered by Afreximbank over the years.
“It is indeed a factory of financial innovation, imagination, creativity, and delivery, and I think in the financial sector that is the most important.
“The president of Afreximbank has positioned the bank among its peers as one of the most respected and valued banks in the continent with a passion for uplifting the continent’s economy.
“Under the leadership of the Afreximbank president, they have significantly contributed to the country’s development in key projects. Nigeria appreciates the support the country gets from Afreximbank,” the minister added.
By: Babajide Okeowo