China grants Nigeria $30m for grassroots development projects
The Federal Government has signed a $30m grant agreement with China to finance community-based development projects across Nigeria as part of efforts to reduce poverty, improve livelihoods and expand economic opportunities at the grassroots. The agreement, valued at RMB200m, was signed on Thursday at the Federal Ministry of Budget and Economic Planning in Abuja, according Read More:…
The Federal Government and China have agreed to a $30 million grant to fund community-based development projects in Nigeria, aimed at reducing poverty and enhancing livelihoods. This agreement, valued at RMB200 million, was signed at the Federal Ministry of Budget and Economic Planning in Abuja. The grant will finance mutually agreed projects under China's "small but beautiful" initiative, which focuses on small-scale interventions to benefit local communities directly.
The Minister of Budget and Economic Planning, Abubakar Bagudu, emphasized the partnership's role in advancing Nigeria's development priorities through targeted investments and knowledge exchange.
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