Public Management

Nigeria: ACBF signs $1million grant agreement with NILS, National Assembly to develop skills of lawmakers

Tuesday, 11 July 2017 16:17

The African Capacity Building Foundation (ACBF) has signed a $1.1million grant with the National Institute for Legislative Studies (NILS) and the National Assembly for the NILS-CAP II Project. This is aimed at developing the capacity of lawmakers in the West African sub-region.

The project for which we are signing the grant agreement today is a regional program that will build capacity of parliamentarians in Nigeria and ECOWAS countries in the areas of financial oversight and governance. It is thus exciting to me that implementation of this project will further enhance the status of NILS as a national institution with regional outlook,” Emmanuel Nnadozie (photo), the Executive Secretary of ACBF, said at the signing ceremony in Abuja on Monday.

According to him, the foundation has since 2004 invested a total of $30 million in Nigeria and supported the training of about 15,000 public officials in the country. Nnadozie, however, lauded the Nigerian government for being the biggest financial sponsor among African member countries in the organization’s Strategic Plan of 2017-2022.

For his part, Senate President, Bukola Saraki, who signed the grant on behalf of the National Assembly, noted that the Phase 1 of the project had covered a two-year period from 2014-2016. He reiterated the support and commitment of the leadership of the National Assembly and the NILS Governing Council to efforts by ACBF in facilitating development in Africa.

Anita Fatunji

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
CEMAC non-performing loans fall to 16.0% in 2025, BEAC says Lending rises 10.7% despite tighter liquidity and higher borrowing costs Growth,...
Investec secures $200 million IFC loan for green housing finance Funds to support eco-buildings, affordable green home loans in South...
“Keur Samba” securitization bonds begin trading on the BRVM Operation backed by NSIA Banque CI and Orabank CI totals CFA52 billion Move aims...
Witti Finances Holding acquired a majority stake in Kajas Microfinance, entering the Senegalese market. The firm rebranded the entity as Witti...
Most Read
01

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
02

Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...

Flutterwave Secures Banking License in Nigeria, Joining Push by Fintechs Like Revolut, Wise
03

BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...

BCEAO Imposes June 30 Deadline to Complete Instant Payments Integration
04

M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...

In Africa, Banks Face a New Rival: Telecom Operators
05

This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...

Weekly Health Update | Africa Faces Health Supply Risks; DRC Ends Mpox Emergency
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.