The African Development Bank (AfDB) has invested $1.44 billion to support the development of energy and power, transport, water, and other infrastructural projects in Nigeria.
The AfDB President, Akinwunmi Adesina, disclosed this at the Nasarawa Investment Summit 2024 held recently in Lafia.
Adesina, who was represented at the event by the Bank’s Country Department Director in Nigeria, Gen. Lamin Barrow, noted that Nasarawa State, and the country as a whole face a huge infrastructure deficit inhibiting the country’s efforts to diversify its non-oil production and achieve international competitiveness for exports.
