NDDC Partners Afreximbank to Accelerate Economic Growth in Niger Delta


June 20, 2024.

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Azonuchechi Chukwu.

The Niger Delta Development Commission, NDDC, has started discussions with officials of the African Export-Import Bank, Afreximbank, as part of its efforts to collaborate with development partners in the quest for economic growth in the Niger Delta region.

Speaking in an interview with newsmen at the end of the 31st Afreximbank Annual Meeting in Nassau, The Bahamas, the NDDC Managing Director, Dr Samuel Ogbuku, affirmed that the NDDC Board was actively seeking credible partners to aid the process of development.

Ogbuku, who represented the NDDC Board at the Afreximbank meeting, said that one of the major engagements of the Commission was a meeting with the Executive Vice President, Intra-African Trade Bank at the Afreximbank, Mrs. Kanayo Awani.

He said that the Afreximbank top executive provided strategic and operational leadership in implementing the bank’s intra-African and industrialisation objectives, in support of Africa Continental Free Trade Agreement, AFCFTA.

The NDDC boss described the meeting as a crucial gathering for economic decision-makers in Africa and the Caribbean, providing a platform for dialogue, collaboration, and the exploration of opportunities for mutual growth and development.

Ogbuku stressed the need to take initiatives aimed at attracting development partners and collaborating with them to harness the economic potential of the state in order to create jobs and bring about economic growth.

He re-stated the commitment of NDDC to pushing for sustainable development in the Niger Delta region, assuring that the Commission would follow up on the discussions to ensure tangible outcomes for the Niger Delta region.

Ogbuku stated: “It was a worthwhile engagement and we concluded discussions on a wide range of prospects that will yield benefits to the Niger Delta region in no distant time.”

The four-day event attracted over two thousand delegates, including national and sub-national governments from across Africa and the Caribbean, political leaders and institutions from both regions as well as corporate organisations. Among the attendees were the Senate Committee Chairman on NDDC, Senator Asuquo Ekpenyong and the former Managing Director of the NDDC, Mr. Timi Alaibe.(www.naija247news.com).

Chukwu Azochukwu, The Naija247news
Chukwu Azochukwu, The Naija247newshttps://gravatar.com/azonuchechivchukwu
Azonuchechi Chukwu - Business Journalist at Naija247news.com Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at Naija247news.com. With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer Naija247news.com readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among Naija247news.com's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As Naija247news.com's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the Naija247news.com team.

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