Oyo secures €50 million loan from French government - The Naija Weekly

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Saturday, November 6, 2021

Oyo secures €50 million loan from French government


The Oyo State government will be granted a special treasury loan of €50 million for development of its health sector, French Ambassador to Nigeria, Emanuelle

Blatmann, has said.

Ms Blatmann stated this on Friday when she led a delegation of the French government on a courtesy visit to Governor Seyi Makinde in Ibadan.

She promised to leverage on existing relationship with the Oyo State Government, assuring that France would continue to explore other areas of mutual benefits with the state for more development.

The envoy also commended the administration of Mr Makinde for creating an enabling environment for businesses to thrive in the state.

Responding, the governor appreciated the French government for its interest in state, noting that the partnership with French government had begun to yield positive results for the state’s economic expansion agenda.

According to Mr Makinde, one of the results of such partnership is the plan by french investors to establish a farmers’ market in the state.

He maintained that his administration was doing its best to ensure that the state becomes the number one investment destination in the country.

The governor used the opportunity of the visit to implore French government and the international community as a whole to pay attention to development in Nigeria ahead of the 2023 general election.

He sought the support of France for Nigeria so that it can deepen its fledgling democracy.

He promised that his government would continue working to deepen the relationship with France government.


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