AfDB President Faults Food Import Tax Suspension President of the African Development Bank, AfBD, Mr. Akinwumi Adesina, has said the Federal Government’s decision to suspend duties and taxes on imported food commodities was depressing. Adesina stated this at a retreat organised by the African Primates of...

Debt Servicing, Greatest Risk To Nigeria’s Economy – AfDB         The African Development Bank has projected a growth rate of 1.5 per cent for Nigeria in 2021, and a 2.9 per cent growth in 2022. The President, AfDB, Dr Akinwumi Adesina, disclosed this while delivering a speech...

The Federal Executive Council has approved a US$150 million soft loan from African Development Bank (AfDB) and US$100 million from African Development Finance (ADF) for Rural Water Supply and Sanitation Initiative (RWSSI) as well as a Grant of five million Euro to finance Inclusive...