AfDB approves $700m to tackle Nigeria’s unemployment

AfDB approves $700m to tackle Nigeria’s unemployment
Hauwa Noroh Ali, Abuja

The African Development Bank (AfDB) has approved 700 million dollars (about 105 billion Naira) to tackle unemployment challenges in Nigeria.

An Acting Director of the World Bank, Professor Fulasho Ogumadewa, announced this in Abuja when he led delegations from the AfDB, British government and DFID on  a visit to the Minister of Youth, Mallam Bolaji Abdullahi.

Ogumadewa said they were in the country on the request of the ministry for dialogue to assist in the area of unemployment and other related areas.

He added that the “World Bank was in a strategic partnership with the Nigerian government, which will run till 2013”.

In his remarks, the Minister of Youth, Mallam Bolaji Abdullahi solicited more support and partnership from the World Bank in the area of creating employment for Nigeria’s teeming unemployed youths.

Iheanacho