Minister of Finance, Mrs Zainab Shamsuna Ahmed has revealed that she has signed a $523,823 Technical Assistant Agreement grant with the Islamic Development Bank (ISDB) Group.
A statement from the ministry on Monday disclosed that the Minister signed on behalf of the Federal Government while President of the ISDB Group, Dr. Bandar M. H. Hajjar, signed on behalf of the Group, at the 44th ISDB Group Annual Meeting held in Marrakesh, Morrocco.
Usman said the TA agreement grants would be used to address capacity building and logistics upgrade in the Hajj Commission and for the improvement of cotton, textile and garment value chain in the Federal Ministry of Industry, Trade and Investment.
She added that the National Hajj Commission of Nigeria (NAHCON) gets $243,823.0, and the Federal Ministry of Industry, Trade and Investment gets $280,000 respectively.
Meanwhile, the Minister told participants at the conference that state governments in Nigeria are doing their best to boost agriculture and food production by adopting cluster farming and giving loans to farmers without collateral.
