President says Nigeria will keep faith with ECOWAS Bank

chika ebuzor

September 26, 2016 10:40 PM

Mamma said that EBID was the financing arm of ECOWAS for about 30 years.

President Muhammadu Buhari (Telegraph)

The President said this when he received the President of EBID, Mr. Bashir Mamma, at State House, Abuja, on Monday.

He said: “We may be limping because of fallen oil prices, but we will fulfill our commitments to the bank.

“We may have fallen behind, but we will rise up very soon. We will maintain the objectives of setting up the bank, which is to help our less financially endowed neighbours.’’

He said EBID was initially set up as a fund “to help less developed West African states, but we now cover all parts of the sub-region’’.

According Mamma, the EBID set up Ecobank, and has also established an airline, after the national airlines of most member countries collapsed.

chika ebuzor

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