The Federal Government on Friday in Abuja signed a €70million financing bilateral agreement with the Republic of Germany.
The agreement was on sustainable economic development, renewable energy, polio eradication, internally-displaced persons and host communities in northern Nigeria, education, peace and security.
At the signing ceremony, Minister of State for Budget and National Planning, Prince Clem Ikanade Agba, explained that the areas of intervention by Germany
“were in line with economic sustainability and inclusive growth contained in Nigeria’s Economic and Recovery Growth Plan”.
Agba said that the agreement had provided “a platform for a coordinated approach to economic cooperation” between the two countries.
He commended the German government for its continuous support and commitment to the development of Nigerian since the 1960s.