Minister of State, Budget and National Planning, Mrs. Zainab Ahmed has stated that Nigeria and Korea Republic are committed to working together to achieve sustainable economic development in Nigeria.
The Minister stated this in Abuja, during the signing of the Framework Agreement for Grant Aid Projects between the Federal Government of Nigeria and the Republic of Korea.
Mrs. Ahmed signed on behalf of the Nigerian Government, while the Korean Ambassador to Nigeria, Major General In-Tac-Lee (Rtd) signed for the Korean Government.
The Minister explained that, the Framework Agreement captures projects that are in line with Nigeria’s development priorities as encapsulated in the Economic Recovery and Growth Plan (ERGP).
Accordingly, she said that the Korean Government, through the Korea International Corporation Agency (KOICA), has executed several projects in Nigeria in various sectors of the economy, cutting across Information and Communication Technology (ICT), health, education and agriculture.
She said “Some of these projects include the establishment of a modern Integrated Rice milling complex in Niger state, cassava processing centres in Enugu, Ogun and Kogi states, donation of rice milling machines to Benue, Bayelsa and Kogi states, equipment and tool kits for HIV/AIDS to Kogi state as well as the establishment of a Model school for Primary and Junior Secondary School Education in Abuja at the cost of US$15m”
Mrs. Ahmed added that the Korean Government had played a key role in the development of the e-Government Master plan, a working document for e-government policies and project implementation in Nigeria which is being implemented by the Federal Ministry of Communication Technology.
In his remarks, the Korean Ambassador, Major General In-Tac- Lee (rtd), said Korea is committed to keeping the Agreement and will continue to support Nigeria to improve economic development as well as fast tracking the achievement of common goals.