President Muhammadu Buhari has said that there can be no development without peace as the two are complementary to each other.
The president spoke Thursday at State House, Abuja, while granting audience to the Director General of the Arab Bank for Economic Development, Dr Sid Ould Tah.
Buhari said the work of the Arab Bank for Economic Development “is very critical, and, indeed, a major catalyst and tool for achieving our overall objective as leaders on the continent.”
The president while commending the bank for its investment in Nigeria pointed at strides in the agricultural sector regarding food security systems, capacity building, and integrated infrastructure projects.
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He said the key focus of the current administration had been Security, Economy, and Anti-Corruption (SEA), adding the three were critical “towards achieving our overall development objective not just as a country, but more importantly as a continent.”
The president, in a statement issued by his spokesman, Femi Adesina, said the issues that affected one nation also affected others.
“This has been clearly demonstrated in our fight against the tyranny of terrorists that have spread across the entire West African sub-region, and beginning to emerge in our sister countries in some parts of East and Central Africa,” he said.
The president, who said the focus on agriculture and infrastructure allowed Nigeria to be resilient during the last two global economic and public health crises, urged the Arab Bank for Economic Development to review the amount of capital it can inject into various economies, “as this would lead to greater impact as we stare at the various issues that would confront our economies.”
Borno State Governor, Prof Babagana Umara Zulum, who had interfaced with the Bank at its headquarters, thanked the president for ensuring the improvement of security in the North East, “as we now get grants for livestock farming, gum Arabic production, infrastructure, and I believe Nigeria will still have more opportunities from the Arab Bank for Economic Development.”
Ould Tah congratulated President Buhari for his award on peace strengthening, saying it was a testimony to his efforts in promoting amity in Nigeria and Africa.
He said the Bank has a strong relationship with Nigeria and would love to do more in the areas of wheat cultivation, gum Arabic, veterinary support services, and women and youth development, among others.
