France gave Nigeria N150 billion in 2017

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The Ambassador of the Federal Republic of Nigeria to France, Dr Modupe Irele, on Tuesday reported that France contributed about N150 billion(350 million euros) to Nigeria in 2017.

Irele told newsmen in Lagos that the sum was dispensed as delicate advances to the Federal and State Governments, and additionally the private segment.

“It is assessed that in 2017 alone, France contributed around 350 million Euros (about N150 billion) in Nigeria, for the most part through delicate credits to both the Federal and State governments and the private area.

“Accessible records likewise express that toward the finish of the primary quarter of 2017, the exchange volume amongst France and Nigeria remained at N668 .75 billion (1.9 billion euros). “What’s more, in 2016, the volume of exchange executed amongst Nigeria and France was ₦339.77 billion,” she said.

Irele said that France and Nigeria’s monetary relations had in the course of recent years been commanded by organizations in oil and gas, development and different undertakings. As per her, Nigeria remains France’s first exchanging accomplice in sub-Saharan Africa.