The President of African Development Bank – (AfDB), Akinwumi Adesina, has pledges the African apex Banks’ readiness to support President Bola Ahmed Tinubu.
Mr. Adesina also hinted on the establishment of entrepreneurship Development Bank in Nigeria, which he stresses is in alignment with President Bola Tinubu’s plan and vision for young people in Nigeria.
The African Development Bank President was in attendance at the new global financial pact summit in France’s Palais Brongniart, spoke after he paid a visit to President Tinubu.
The AfDB president said he is impressed with the president’s plans and vision for Nigeria, pledging his support to the administration to achieve its goals.
“We discussed the special agro-industrial processing zone for which we already have about $520 million dollar for Nigeria and how we are going to make sure that the project gets accelerated to give quick wins to the president.
“We also talked about the power sector and how we will support his effort and vision.
”The president wants to make sure there is an improvement in the access to electricity in Nigeria, and therefore he spoke to us about how we can support him and we gave him the assurance that we’ll support significantly in the power sector in Nigeria.”
Adesina also commended Tinubu’s desire to impact the industrial sector.
“We also discussed about the youth. I have heard him speak quite a lot about young people, his heart for young people and his desire to support them.
“He asked for our support in regard to what we can do about that and I explained to the president that we will support him with the establishment of a youth entrepreneurship investment bank in Nigeria.
“This is going to be new financial institutions that will support the access to financing for the business of young people. He had the desire to grow the wealth for young people which is actually very good.”
