Oyedele and AfDB President Agree to Review Nigeria Development Projects

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Nigeria and African Development Bank (AfDB) don agree to review di bank projects wey dey for Nigeria.

Di review go help identify projects wey delay, improve how dem dey carry out di projects and make sure say di projects wey dey go on match wetin government want achieve for development.

Dem reach dis agreement for meeting between Minister of Finance and Coordinating Minister of di Economy, Taiwo Oyedele, and AfDB President, Sidi Ould Tah, on Monday, October 12.

Di meeting happen during di 2026 IMF and World Bank Group Annual Meetings for Bangkok, Thailand.

Both sides also agree to prepare for di planned visit wey AfDB president wan make come Nigeria.

Oyedele reaffirm say Nigeria still dey committed to remain di bank biggest shareholder and fulfil all di payments wey e suppose make towards di bank capital.

E also show support for Ould Tah Four Cardinal Points agenda.

Di agenda focus on how to close Africa money shortage for development, make African countries get more control over dia finances, use di continent growing population well and build strong infrastructure by processing natural resources inside Africa.

Di two officials also discuss di high interest wey African countries dey pay when dem borrow money.

Ould Tah reveal say di bank dey develop one arrangement wey go help African governments engage credit rating agencies and challenge dia assessments when e necessary.

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