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FG Strengthens Partnership With Islamic Dev’t Bank

LEADERSHIP News by LEADERSHIP News
8 months ago
in News
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The Minister of Works, Engr. David Nweze Umahi has restated the Federal Government’s commitment to strengthening partnerships with international development institutions to fast-track the completion of major road and bridge projects across the country.

Engr. Umahi stated this when he received a delegation from the Islamic Development Bank (IsDB) Regional Hub (RH) in Nigeria, led by its Team Leader, Operations, Mr Ibrahim Chalive, during a courtesy visit to his office in Abuja on 22nd  October 2025.

A statement by the Ministry’s Spokesman, Mohammed Ahmed, said the discussions centred on deepening the collaboration between the Federal Ministries of Works, Finance, and the IsDB to fund and implement key components of the four Renewed Hope Legacy Road Projects under President Bola Ahmed Tinubu’s administration.

The Minister emphasised that infrastructure remained a major driver of economic growth and noted that the Ministry is committed to transparent, innovative, and cost-effective project delivery.

He reaffirmed that President Tinubu’s Renewed Hope Agenda accords high priority to road development as a catalyst for economic emancipation, job creation, and improved mobility of goods and people nationwide.

He also expressed gratitude to the Members of the National Assembly for their support towards infrastructure development, particularly in facilitating funding interventions that align with the Renewed Hope Legacy Projects.

Umahi further commended the Islamic Development Bank for its sustained interest and partnership in Nigeria’s infrastructure sector, describing the visit as a constructive step toward consolidating gains already achieved and expanding the scope of cooperation.

In his remarks, Mr Chalive conveyed the Bank’s satisfaction with the Ministry’s ongoing reforms in engineering design, quality assurance, and project management.

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He assured that the Bank remains committed to providing financial and technical support to strengthen Nigeria’s infrastructure base.

After their discussions, both parties agreed to establish a joint technical team to identify priority areas and develop a framework for collaboration that ensures accountability, transparency, and timely project delivery.

This reinforced collaboration marks another milestone in the Federal Government’s drive to modernise Nigeria’s road network and advance the vision of sustainable national development.

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