Today, July 6, President Muhammadu Buhari will be traveling to Dakar, Senegal to participate in the International Development Association (IDA) for Africa Summit.
Garba Shehu the Senior Special Assistant to the President on Media and Publicity, said President Buhari will be going on the tripe with the Ministers of Foreign Affairs, Geoffery Onyeama; Finance, Budget, and National Planning, Zainab Ahmed; as well as Industry, Trade and Investment, Adeniyi Adebayo.
Others in that company are the Governor of the Central Bank of Nigeria, Godwin Emefiele; Director-General, National Intelligence Agency (NIA), and Amb. Ahmed Rufa’i Abubakar; Director-General, Debt Management Office, Patience Oniha; and the Managing Director of the Bank of Industry, Olukayode Pitan.
The presidential aide said the IDA which is an institution of the World Bank Group, is deepening its support to drive a resilient recovery for countries hit by the global crises of climate and COVID -19, growing levels of insecurity, and more recently, by the impact of the war in Ukraine through its historic $93 billion 20th replenishment cycle (IDA20) which goes into effect between July 1, 2022, and June 30, 2025.
Shehu also revealed that the High-Level event slated for Thursday, July 7 is hosted by President Macky Sall of the Republic of Senegal, and President Buhari is expected to join other African leaders in an open Dialogue on Development Challenges and priorities as well as transformational initiatives that will lead to an outcome document, the Dakar Declaration.
The presidential spokesman said this commitment is expected to chart the way forward for the transformation of the economies of these nations in partnership with the World Bank/IDA.
“Topics slated for discussion include Financing for Recovery and Economic Transformation in Africa; Agriculture, Livestock and Food Security; Human Capital; Digital and Technological Innovation; and Energy Transition and Climate Change,” he added.