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Sokoto seeks to benefit from Kuwait's $1b devt fund

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As part of efforts to boost educational, cultural and business ties with

the State of Kuwait, Sokoto government said it is making concerted efforts

to benefit from the Arab country's $1billion development fund set aside for

intervention in critical social sectors in Sub Saharan Africa.

Making this known when he visited the Kuwait Embassy in Abuja, Governor

Aminu Waziri Tambuwal said since setting aside the fund in 2013 to be

expended within a five year circle, significant number of projects have

been executed by the Kuwait government in Africa.
“We are making presentations to benefit from the fund and use the proceeds

to intervene in sectors like health, education, water supply and women

development. We are mindful of the fact that large chunk of it has been

accessed by sister African countries, but we are determined to ensure our

people are not left behind in this important intervention.

“In addition to this, we believe we can expand our areas for cooperation

with the Kuwaitis and I'm here to invite them to explore areas of

investment in Sokoto. We have competitive advantage in sectors like

agriculture and mining, and I want our two states to benefit from what each

other can offer,” Tambuwal said, according to a statement issued by his

spokesman, Malam Imam Imam, in Sokoto Sunday.
The Governor added that Kuwait and Sokoto government are also collaborating

in area of management of Zakkat and endowment funds.

In his remarks, Kuwait Ambassador to Nigeria, Dr. Abdulaziz Ahmad

Al-Sharrah, commended the Sokoto government for showing interest in

benefitting from the fund, saying his country is keen to deepen areas of

cooperation with Nigeria and other African countries.

Other areas of cooperation discussed between the Governor and the

Ambassador include cultural exchanges, increased infrastructure development

and greater economic integration between their two states.

The post Sokoto seeks to benefit from Kuwait's $1b devt fund appeared first on Pointblank News .