The bank disclosed this in a statement issued on Friday in Abuja.
It will expand Nigeria’s fibre backbone from about 30,000 kilometres to approximately 120,000 kilometres, connecting all 774 Local Government Areas, the bank said.
AfDB said the new agreement would particularly improve technological development, strengthen seed systems, and broaden partnerships.
The board of directors of the African Development Bank Group has approved a $200 million loan to scale up priority agricultural investments in Nigeria.
As of 31 October 2025, the active portfolio of the African Development Bank Group in Nigeria comprised 52 projects with a total commitment of $5.1 billion.
She explained that Maiduguri’s water system is under immense strain due to rapid urban expansion.
The report noted that Nigeria’s tax-to-GDP ratio remains among the lowest in the region.
Mr Kamara said that as part of the Borno State Development Plan, WFP delivers food and nutrition assistance to one million people in Borno State each month.”
Mr Kamara, in a statement, said this at the groundbreaking ceremony of the Eruwa Agribusiness Industrial Hub in Oyo on Thursday
The African Development Bank (AfDB) says it has set a target to produce an additional 120 million tonnes of food by 2025.
