Osinbajo hails ECOWAS bank for infrastructure funding, development


Vice President Yemi Osinbajo on Tuesday praised the ECOWAS Bank for Investment and Development (EBID) for being proactive in infrastructure funding and development in the sub-region.

He sated this while declaring open the 15th Ordinary Session of the Board of Governors’ of EBID in Abuja

According to him, a strong, vibrant and creative EBID is a strong pillar in the development of the sub-region.

He said: “So, without question, the challenges today call for greater creativity and foresight in supporting and making investments in our member countries.

“So one of the crucial issues today which will decisively impact the future is how the bank can make a difference in the lives of our young people.

“And there are opportunities for strategic investments in relevant education; especially in the under-served disciplines such as science, education, engineering and mathematics.

‘’Perhaps also the rising scale of foreign investment influence in business start-ups by our young people should be taken by our local finance institutions such as the EBID as a challenge to be just as relevant and invested in the dreams and visions of our local talents.

‘’Here in Nigeria we like to see you become more active in supporting our investments and infrastructure ambitions.’’


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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.


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