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Development Finance Institutions Not Putting Development First: Nigeria’s FM Says

Development Finance Institutions Not Putting Development First: Nigeria’s FM Says

Sputnik Africa

Development Finance Institutions Not Putting Development First: Nigeria’s FM Says“When there is a bit of panic, the first thing they do is take funds out of... 12.02.2026, Sputnik Africa

2026-02-12T19:32+0100

2026-02-12T19:32+0100

2026-02-12T19:54+0100

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Development Finance Institutions Not Putting Development First: Nigeria’s FM Says“When there is a bit of panic, the first thing they do is take funds out of Africa to settle,” Yusuf Maitama Tuggar told Sputnik Africa on the sidelines of the 48th Ordinary Session of the AU Executive Council, criticizing development finance institutions.He also encouraged Africa to strengthen global partnerships with groups like ASEAN and regions such as Latin America to build greater economic resilience.

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