Critical sectors of the Nigerian economy are set to receive monetary boosts worth N589bn (£272.6m) following the conclusion of eight partnership agreements signed between the Federal Government and the United Kingdom.
This was disclosed in a statement issued by the Ministry of Budget and Economic Planning, Atiku Bagudu, on Thursday in Abuja.
The programme implementation agreements signed by the minister and the UK Charge d’ Affaires, Ms Cynthia Rowe, commit both countries to collaboration in critical sectors, including governance, climate change, education, health, and the economy.
Welcoming Rowe and his team to the signing ceremony at the ministry’s headquarters in Abuja, Bagudu expressed appreciation for the UK government’s support, saying it was a significant show of friendship.
He said the timing of the implementation agreement was significant given the downward trend of world economies.
“Many economies in the world…