Niger State Embarks on Strategic Development Ventures with ECOWAS Bank Partnership
In a significant move towards socio-economic advancement, the Niger State Government has forged a strategic partnership with the ECOWAS Bank for Investment and Development, signing a Memorandum of Understanding (MoU) to finance four priority projects amounting to $114 million.
The MoU, inked during the ECOWAS Investment Forum in Lome, Togo, underscores Niger State’s commitment to infrastructural development and economic growth. Projects earmarked for funding include critical infrastructure such as the Madalla-Suleja-Maje dual carriage road, the Madalla Green Economic Market, the conversion of the old Secretariat Minna to the School of Medical and Health Sciences, and the construction of 8 International Trailer Parks across strategic locations.
This collaboration not only complements ongoing infrastructural endeavors but also creates new avenues for investment and employment, particularly benefiting the youth population. With the ECOWAS Bank’s support, Niger State is poised to harness its potential and propel socio-economic development to greater heights.
The partnership underscores the bank’s mandate to foster cooperation and economic progress across West African nations, positioning Niger State as a beacon of growth within the region.
