South Korea executes $50m projects in Nigeria


South Korean government is currently executing projects worth $50 million in Nigeria with no counterpart funding from the Federal Government.
This was disclosed by the country’s ambassador to Nigeria, Noh Kyu-duk. According to him, the gesture is part of his government’s effort to help Nigeria out of recession. The envoy assured that his country would always assist Nigeria the same way the international community once assisted it. 
Kyu-duk who spoke during the 2017 Korean International Cooperation Agency (KOICA) Alumni Gathering, said the objectives of development cooperation which has made the Korea-Nigeria relationship stronger than ever, cannot be undermined.
He noted that Korean companies were delivering services, building schools and opening centers to help local people while Korean professors and experts were sharing their experience and expertise in order to strengthen the capacity of government officials in fields such as health, education, vocational training and agriculture.
Kyu-duk said: “It is a matter of fact that the projects are focused upon four areas: agriculture, information and communication technology, education and vocational training.  “As you know, for the development of Nigeria’s economy, it is very important to diversify your industries. Now, it is too much focused on oil and gas industry.
Speaking in the same vein, KOICA Country Director for Nigeria, Sook Hyun Park, said the money was already being utilised. Park said: “Currently, we are implementing a project in education which we built, a brand new school in the Federal Capital Territory (FCT), which is around $50 million. Also, we are currently implementing the e-governance programme which is $8.5 million since 2013 and recently, we finished our vocational training project and handed it over to Nigeria. “

“Right now, there are 44 students who are graduating from the vocational training center. Also, we are collaborating with the United Nations Population Fund (UNFPA) in Borno state, to have some moments with the Internally Displaced Persons’ (IDPs) in the camps . . . we are executing health project which is about $5 million.”

Comments

Post a Comment

Popular posts from this blog

10 World Most Eloquent People

Image
Only the eloquent can adequately describe eloquence. It includes articulation, a mellifluous tone of voice and poise under pressure. To be eloquent is to speak well in a persuasive and deeply thoughtful way. Though it appears to come easily, eloquence does not often come naturally. The most talented speakers often have training in rhetoric and behavioral psychology. Here are 10 great examples of eloquent speakers who have made their mark on the world. 1. Martin Luther King, Jr “I Have a Dream” is perhaps the most powerful speech in American history. In poetic, unequivocal language, he explains how people can live up to their ideals for the sake of their children. 2. Abraham Lincoln In a speech only two minutes long, Lincoln explained the moral justification for the Civil War in his Gettysburg Address. 3. Winston Churchill In a few short years Churchill transformed himself from a burly, unemployed, failed novelist to a leader of the free world with ...
Read more

St. Finbaar’s College, Akoka wins the annual Helmbridge Science Challenge for secondary schools in Lagos State.

St. Finbarr’s College Akoka, Lagos at the weekend won the annual Helmbridge Science Challenge for secondary schools in Lagos State. The school in a six-week-long competition defeated May Day College and Topgrade Secondary School, Surulere in the preliminaries to qualify for the final. The Akoka boys who walked-over Penny International College Coker, the defending champions, for late coming, went into sporadic jubilation on their victory. The News Agency of Nigeria, NAN reports that 16 schools participated in the competition, including Yaba College of Technology Secondary School, St. Finbaar’s College, Penny Internatinal College, Shining Lord’s Secondary and Technical School. Others are St. Michael’s Anglican College, Jubilee Model Grammar school, Fountain Heights Secondary School, St. Gregory’s College and St. Jude’s Private Secondary School. Also in the competition are Methodist Boys’ High School, Birch Freeman High School, Community Senior Grammar School and ABS College. ...
Read more

BIAFRA: IPOB, MASSOB shut down markets, Uwazuruike expelled

Image
  Visit Late Odumegwu Ojukwu’s house to seek his blessing Uwazuruike expelled, Madu takes over as MASSOB leader Forget Biafra, secession —Nwabueze Over seven thousands members of the Indigenous People of Biafra, IPOB, yesterday,   shut   down markets and all commercial activities in Nnewi, Anambra State in solidarity protest for the release of the Director of Radio Biafra, Mr. Nnamdi Kanu, who has been incarcerated by  the Directorate of State Services, DSS, for over one month. Members of the IPOB mobilized from Onitsha, Asaba, Awka, Ekwulobia, Awka-Etiti, Enugu, Imo, Ebonyi and Abia states, converged at  Nnewi from where they marched to the house of the late Ikemba Nnewi, Dim Chukwuemeka Odumegwu Ojukwu to ask for his blessing even in death. This came as constitutional lawyer and leader of eminent group of Nigerians, The Patriots , Professor Ben Nwabueze (SAN),  admonished  the  groups to have a re-think over th...
Read more