FG, Islamic Bank strengthen partnership to fast-track road development

The Honourable Minister of Works, His Excellency, Sen. Engr. Nweze David Umahi, CON has reiterated the commitment of Federal Government to strengthening partnerships with international development institutions to fast-track the completion of major road and bridge projects across the country.

Engr. Umahi disclosed this in Abuja, when he received a delegation from the Islamic Development Bank (IsDB) Regional Hub (RH) in Nigeria, led by its Team Leader, Operations, Mr. Ibrahim Chalive, during a courtesy visit.

The discussions centred on deepening the collaboration between the Federal Ministries of Works, Finance, and the IsDB, to fund and implement key components of the Four (4) Renewed Hope Legacy Road Projects under the administration of His Excellency, President Bola Ahmed Tinubu, GCFR.

The Minister disclosed that infrastructure remains a major driver of economic growth, noting that the Ministry is committed to transparent, innovative, and cost-effective project delivery.

He reiterated that President Tinubu’s Renewed Hope Agenda accords high priority to road development as a catalyst for economic emancipation, job creation, and improved mobility of goods and people nationwide.

He also expressed a profound gratitude and appreciation to the Honourable Members of the National Assembly for their support towards infrastructure development, particularly in facilitating funding interventions that align with the Renewed Hope Legacy Projects.

Umahi also commended the Islamic Development Bank for its sustained interest and partnership in Nigeria’s infrastructure sector, describing the visit as a constructive step toward consolidating gains already achieved and expanding the scope of cooperation.

In his remarks, IsDB Team Leader Operations, Ibrahim Chalive expressed the Bank’s satisfaction with the Ministry’s ongoing reforms in engineering design, quality assurance, and project management.

He assured that the Bank remains committed to providing both financial and technical support to strengthen Nigeria’s infrastructure base.

Both parties agreed after their discussions to establish a joint technical team to identify priority areas and develop a framework for collaboration that ensures accountability, transparency, and timely project delivery.

This reinforced collaboration marks another milestone in the Federal Government’s drive to modernise Nigeria’s road network and advance the vision of sustainable national development.

In attendance at the meeting was the Special Assistant to the President Stakeholders Engagement, South East, Barr. Chioma Nweze.