The federal government of Nigeria has reached a 30 billion US dollar export-financing deal with investment partners, local media reports.
It is reported that among the partners are the African Export-Import Bank, Africa Finance Corp., the African Development Bank, the Bank of Industry and the Nigerian Sovereign Investment Authority.
Nigeria hopes to generate $30 billion in annual export earnings and create 1.5 million jobs in the next six years. Lagos-based ‘‘This Day’‘ newspaper quoted President Muhammadu Buhari being at a signing ceremony where he delivered a speech at the Council Chambers of State House in Abuja.