Federal Ministry of Finance meets African Development Delegation – Breaking News

By | February 6, 2024

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1. “Federal Ministry of Finance delegation”
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**Reputable Institutions Praise Progress of Ebonyi State Abakaliki Ring Road Projects**

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Earlier today, an esteemed delegation from the Federal Ministry of Finance, African Development Bank, and Islamic Development Bank visited my office to oversee the progress of the 199km Ebonyi State Abakaliki Ring Road Projects. I am immensely grateful for the support and guidance provided by these renowned institutions in our state’s development.

We are pleased to report that the Ring Road Projects are advancing remarkably well. The contractors have demonstrated unwavering commitment and dedication to their work, and we anticipate that they will complete the projects within the stipulated timeframe. This achievement is particularly significant as it helps us avoid any complications arising from fluctuating FOREX rates.

As the Governor, I am resolute in my decision not to borrow a single naira during my tenure. Instead, I firmly believe that by efficiently managing our resources, we can effectively address the needs of our people. The ongoing progress of the Ring Road Projects is a testament to this principle, as it showcases our ability to undertake substantial infrastructure projects independently.

The Ebonyi State Abakaliki Ring Road Projects hold immense importance for our community. Once completed, this extensive road network will significantly enhance connectivity within the state, fostering economic growth and facilitating easier access to essential services. Moreover, it will improve transportation for residents and support various industries, such as agriculture, commerce, and tourism.

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The delegation from the Federal Ministry of Finance, African Development Bank, and Islamic Development Bank lauded the efforts made by the contractors and the state government. They commended the transparency and accountability demonstrated throughout the project’s execution, highlighting it as a benchmark for future collaborations.

During their visit, the delegation also engaged with local stakeholders and community representatives to gain a comprehensive understanding of the project’s impact on the ground. This inclusive approach ensures that the needs and concerns of the people are duly considered, fostering a sense of ownership and pride in this transformative endeavor.

The Ebonyi State Abakaliki Ring Road Projects exemplify our commitment to sustainable development and inclusive growth. By investing in robust infrastructure and fostering partnerships with reputable institutions, we are laying the foundation for a prosperous future for our state.

As we progress further, we will continue to prioritize the welfare of our people, ensuring that their voices are heard and their aspirations are met. The successful implementation of the Ring Road Projects serves as a testament to our collective efforts and reaffirms our dedication to the development and progress of Ebonyi State.

In conclusion, the visit from the delegation of the Federal Ministry of Finance, African Development Bank, and Islamic Development Bank has provided valuable insights and commendations for the ongoing Ebonyi State Abakaliki Ring Road Projects. We remain steadfast in our commitment to delivering these vital infrastructure projects promptly and efficiently, bringing lasting benefits to our state and its people..

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