Jalingo
The Taraba state government weekend signed a US$268.63 million investment and development deal for the implementation of strategic development projects in the state.
The government, in a statement signed by the Commissioner for Information and Re-orientation, Barr. Zainab Usman Jalingo, and issued to journalists in Jalingo, highlighted that the agreement was signed at the headquarters of ECOWAS in Lomé, Togo.
“This agreement represents one of the largest single development financing packages ever secured by Taraba state.
It marks a new era of strategic investment in critical infrastructure, agriculture, renewable energy, and industrial development.
The financing package was approved during the 93rd Ordinary Session of the EBID Board of Directors, held at the bank’s headquarters in Lomé under the chairmanship of EBID President, Dr. George Agyekum Donkor.
The approval formed part of EBID’s US$308.63 million regional investment package for high-impact development projects across ECOWAS member states,” the statement said.
The statement added that Taraba state secured the largest share of the funding, reflecting the confidence of regional development finance institutions in the state’s strategic vision, fiscal discipline, and reform-driven leadership under Governor Kefas.