President Muhammadu Buhari will depart Abuja to participate in the International Development Association, IDA, for Africa Summit in President Muhammadu Buhari, Senegal.
An institution of the World Bank Group, IDA, is deepening its support to drive a resilient recovery for countries hit by the global crises of climate and Covid-19.
Also in its focus are countries with 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.
At the high-level event slated for Thursday, and hosted by President Macky Sall of the Republic of Senegal, 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.
According to the Presidency, the committee is expected to chart a way forward for the transformation of the economies of the target 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.
The President will be accompanied on the trip by the Ministers of Foreign Affairs, Finance, Budget and National Planning, as well as Industry, Trade and Investment.
Others on the entourage are the Governor of the Central Bank of Nigeria, Director-General, National Intelligence Agency, Director-General, Debt Management Office, and the Managing Director of the Bank of Industry.
President Buhari is expected back to the country at the end of the Summit.
Frcn Abuja / Titilayo Kupoliyi
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