The Federal Government has appealed to the Islamic Development Bank (IDB) to help it implement the 2016 Buhari Plan for the revitalisation of the Northeast ravaged by insurgents.
Finance Minister, Mrs Kemi Adeosun made the appeal yesterday in Abuja at the official inauguration of the Nigeria Country Gateway Office of IDB.
She described the current economic challenges facing the country and other developing countries as potential opportunity to be harnessed by the people.
“With the situation in the Northeast region in Nigeria, I call on the IDB Group to work with Developing Partners in operationalising the recovery and peace building assessment and the implementation of the recently constituted June 2016 Buhari Plan for the Revitilisation of the Northeast Region,” Mrs Adeosun said, adding that this “entails addressing aspects of interventions relating to peace building, stability and social cohesion; support critical productive infrastructure and service delivery, and provide capacity building and programme management support in national, state and local government institutions.”
Mrs Adeosun acknowledged earlier supports, which the IDB had rendered to Nigeria but appealed that “more resources be provided as Nigeria requires far more resources to enable it address the challenges to enable it address the numerous challenges.”
The Federal Government, she said “wish to propose the scaling up of IDB’s concessional resource and increasing overall financing to Nigeria and other parts of Africa member countries.”