Friday 16 March 2012

Islamic Bank to support govt with $98m

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The Islamic Development Bank Group (IDB) belingual education programme will support the Nigerian government policy with $98million to integrate and modernise Almajiri and Tsangaya schools.

This was disclosed yesterday by the President of the Islamic Development Bank Group, Dr. Ahmad Mohamed Ali.

Dr. Mohamed spoke at the opening ceremony of the Nigeria- IDB Business Forum in Abuja. He said the programme is designed to bridge the gap between the two education systems, Madrassas and Formal schools.

He said: “It is to promote unity, cohesion, encourage peace and harmony, mutual respect and cultural tolerance and understanding, with a positive impact on Millennium Development Goal education goals, and inclusive and value based education.

“It will get the Almajaris out of the street and give them an equal opportunity to compete for jobs and earn a decent living.

“In the agricultural sector, Nigeria is regarded as one of the countries with the highest untapped agricultural potentials in the world. The IDB Group is prepared to support the development in this sector and help attract foreign investment from other countries in order to enhance food security in the sub-region.

“In this regard, through the IDB Group’s flagship initiative of reverse linkages, aimed at proactively enhancing South-South coorperation among member countries, the Bank has made arrangements with the Indonesian government to provide training for a group of Nigerian experts and technicians in the field of water resources management, small scale dams, small hydro power plants and irrigation networks to learn from that countries experience success stories.

“This is an opportunity for Nigerians involved in agriculture, food security and water resources management to benefit from technology adaptation and diffusion.

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