“The Big, Long, Snake…”…Picture of the Week – “…Aiyam coming”…Soludo underscores Akulueuno in Lagos…Much ado about cropping or no cropping…plus South East Digest…
Tinubu welcomes AfDB’s $520m investment on Nigeria’s Agro-Processing Zones African Development Bank (AFDB) President, Dr. Akinwumi Adesina said the bold initiatives of President Bola Tinubu have repositioned Nigerian economy in three weeks. Akinwumi, who met the president in Paris, said the bold initiatives which include removal of fuel subsidy and harmonisation of exchange rates stimulated appetite of investors from different parts of the world. “I commend the President’s foresight, boldness and determination for macroeconomic policy direction by removing the fuel subsidy,’’ he said, “No bird can fly with its wings tied behind. All those steps are signals investors like.’’ He said the bank would support the economic policies of the new administration in Nigeria, that had placed the people first in development targets. Speaking to Dr. Adesina, President Tinubu said he welcomes with great joy the investment of $520 million in specialised agro-processing zones by the Afri