By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: AfDB Approves $300m Loan For Nigeria
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

AfDB Approves $300m Loan For Nigeria

Farouk Mohammed
By Farouk Mohammed
Published: March 15, 2018
Share
1 Min Read
SHARE

The African Development Bank (AfDB) has approved Nigeria’s $300m loan for employment creation, food security and rural development.

Secretary to the Government of the Federation (SGF) Boss Mustapha said this in Abuja on Thursday at a round-table on curbing raising youth unemployment in Nigeria.

Mustapha also reaffirmed the Federal Government’s resolve to tame youth unemployment in the country.

According to him, the government through the bank of Industry had launched a N10bn Youth Entrepreneurship Support program to empower youths with loans to start businesses.

- Advertisement -

He added that it is aimed at preparing young entrepreneurs with the right skills and knowledge to be self employed by starting and managing their own businesses.

“The Federal Government has accorded agriculture priority in order to create job opportunities for the youth,” the SGF added.

“We owe the youth in Nigeria today and tomorrow to work with determination and to do everything possible to win this battle.

“And am confident that with the commitment and strong resolve, we will have the results we are striving in the not too distant future.”

- Advertisement -

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:AfDBNigeria
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
Previous Article Zungeru Power Plant Is 45% Completed – FG
Next Article Chelsea Football Club vow to drag FC Barcelona to UEFA

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 4 days ago (June 3, 2025 2:33 pm)

Displayed rates are for informational purposes only and are subject to change.

USD/NGN Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Egbe Bobakeye Okunrin Akile Ijebu Refutes False Claims About Queen Elizabeth II’s 1956 Visit
News
NRC Managing Director Warns Against Railway Vandalism: “We Don’t Have Scraps, We Have National Assets”
News
Tragic Head-On Collision in Jigawa Claims Nine Lives, Dozens Injured
News
Victor Osimhen Returns to Nigeria as Al Hilal Transfer Hangs in Balance Ahead of FIFA Club World Cup
Sport
Tinubu Urged by PDP to Cut Fuel and Electricity Costs Amid Eid-el-Kabir Festivities
News
- Advertisement -
Ad imageAd image

You May Also Like

Mike Ejeagha
News

Mike Ejeagha, Nigerian Highlife Maestro, Dies at 95

Muhammad A. Aliyu
Muhammad A. Aliyu
June 7, 2025
PoliticsTop stories

Tinubu Welcomes Gov Eno to APC as Political Realignments Intensify Across States

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 7, 2025
Sport

Super Eagles Rally to Draw Against Russia in International Friendly

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 6, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?