The statement said that the AfDB President, Dr. Donald Keberuka, and business mogul, Aliko Dangote, alongside two African leaders had pressed for the initiative at the ongoing World Economic Summit in Abuja
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AFDB inflation analysis is contained in the bank’s bimonthly Economic Review on Nigeria made available to the News Agency of Nigeria on Wednesday in Abuja
According to the report, agriculture and rural development projects accounted for $11.85 billion, representing 12.74 per cent
Maku, stated further that a lot has been achieved in the areas of job creation and poverty alleviation due to fundamental reforms being carried out by President Goodluck Jonathan
Anyanwu said: “West Africa is expected to continue its rapid growth with rates of 6.7 per cent in 2013 and 7.4 per cent in 2014, thereby becoming the fastest-growing region of the continent in the period under review
The project will allow Nigeria, which relies heavily (80 per cent) on imported fertilizer, to progressively become self-sufficient and a major exporter