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Sokoto To Benefit From Kuwait’s $1bn Devt Fund
Determined to boost educational , cultural and business ties with the Government of Kuwait , the Sokoto State Government yesterday said it was making efforts to benefit from the Arab country ’ s $ 1 billion development fund set aside for intervention in critical social sectors in sub - Sahara Africa .
Making this known when he visited Kuwait Embassy in Abuja , Governor Aminu Tambuwal said since setting aside the fund in 2013 to be expended within a five year circle , significant number of projects had been executed by the Kuwait Government in Africa .
“ We are making presentations to benefit from the fund and use the proceeds to intervene in sectors like health , education , water supply and women development . We are mindful of the fact that a large chunk of it has been accessed by sister African countries , but we are determined to ensure our people are not left behind in this important intervention .
“ In addition to this , we believe we can expand our areas for cooperation with the Kuwaitis and I ’ m here to invite them to explore areas of investment in Sokoto . We have competitive advantage in sectors like agriculture and mining , and I want our two states to benefit from what each other can offer , ” Tambuwal said , according to a statement issued by his spokesman , Malam Imam Imam , in Sokoto yesterday .
The governor added that Kuwait and the Sokoto State Government are also collaborating in the area of management of Zakkat and endowment funds .
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