--Advertisement--
Advertisement

We’re limping but we’ll help our poor neighbours, says Buhari

President Muhammadu Buhari says Nigeria will help its less financially endowed neighbours despite its own economic cirisis.

He said this while receiving Bashir Mamma, president of the ECOWAS Bank of Investment and Development (EBID), at the state house in Abuja on Monday.

Buhari said Nigeria would fulfill its financial obligations to the bank.

“We may be limping because of fallen oil prices, but we will fulfill our commitments to the bank. We may have fallen behind, but we will live up very soon. We will maintain the objectives of setting up the bank, which is to help our less financially endowed neighbours,” he said.

Advertisement

Mamma explained that EBID is the financing arm of ECOWAS, which has been around for about 30 years, and was initially set up as a fund “to help less-developed West African states, but we now cover all parts of the sub-region”.

He added that EBID set up Ecobank, and has also established an airline, after the national airlines of most member countries collapsed.

Advertisement
Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected from copying.