By Dare Akogun
The Kwara State Government, has signed a partnership deal with the Nigerian Export Import Bank towards facilitating export-related industrialisation and investment promotions around local resources in the state.
The signing of the deal occurred in Cairo, Egypt, on the sidelines of the Intra-African Trade Fair (IATF) following briefings on the various economic projects of the state government, especially the under-construction industrial park, the IsDB-backed agroprocessing zone, sugar film factory, garment and Shea butter factories, solid minerals, and the visual arts centre, which is unique in West Africa subregion.
Governor AbdulRahman AbdulRazaq signed the deal for the state government while NEXIM was represented by its Managing Director Abba Bello.
The deal will qualify Kwara and private exporters of non-oil commodities operating in it for State Export Development Funds and other supports upon fulfilment of relevant terms.
The state government’s team also held a brief meeting with the AfriEximBank during which Governor AbdulRazaq pitched the industrial park and other state-funded projects, saying the state is open to public private partnership arrangement to make the projects viable and sustainable for the interest of the people.
