Nigeria Directs AFREXIM To Align Lending With Agric

President Buhari of Nigeria

Abuja, Nigeria, June 7, 2018// – Nigerian President Muhammadu Buhari on Thursday directed the African Export – Import Bank (AFREXIM) to align its lending schemes with the agricultural priorities of the present administration.

He gave the directive while receiving the President of the Bank, Dr. Okey Oramah, at the State House, Abuja.

Buhari acknowledged that Nigeria was the biggest beneficiary of AFREXIM’s loans and facilities.

He, however, observed that despite the impressive array of lending to institutions and industries in Nigeria, agriculture didn’t feature well in the bank’s programmes and should be taken on board.

In a statement issued by his Senior Special Assistant on Media and Publicity, Garba Shehu, the President said: “Many do not appreciate how much we are doing in agriculture.  The Minister of Agriculture and the Central Bank are doing so much.

“We have almost achieved complete food security coupled with the massive employment of able-bodied Nigerians, both the educated and the not – so-educated.  You must take interest in our agriculture.”

He also directed the Secretary to the Government of the Federation, Boss Mustapha, to take up the Minister of the Federal Capital Territory on the provision without delay, land for the bank’s regional headquarters and a proposed Centre for Medical Excellence in Abuja.


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