USA Provides $116,000 Grant To Preserve Nigeria’s Cultural Heritage

The United States of America (U.S.A) Embassy in Abuja has announced  a grant of $116,000 (about 36.6 million Naira) through the Ambassadors Fund for Cultural Preservation programme, for the preservation of cultural heritage in Nigeria.

cultural heritage

The grant would enable Nigerian cultural institutions to improve the storage areas for collections in 10 Nigerian museums.

The Memorandum of Understanding (MoU) for the grant was signed between the International Center for the Study of the Preservation and Restoration of Cultural Property (ICCROM), the National Commission for Museums and Monuments (NCMM), with Ahmadu Bello University (ABU) Zaria.

The U.S. Ambassadors Fund for Cultural Preservation supports projects in more than 100 developing countries around the world.

Projects include the restoration of ancient and historic buildings, assessment and conservation of rare manuscripts and museum collections, preservation.

It also include protection of important archaeological sites, and the documentation of vanishing traditional craft techniques and indigenous languages.

AfDB Approves $155 Million Loan For Nigeria’s EPSERP

According to Fatimah Alkali, Senior Communications Officer of the Africa Development Bank (AfDB), Bank has approved a loan of $155 million for Economic and Power Sector Reform Programme (EPSERP) in Nigeria.

The loan is aimed at improving power systems, business environment and sustaining growth through sound macroeconomic policies and budget priorities.

The programme was designed to benefit the entire population of Nigeria in terms of extended access to more reliable supply of electricity at reduced rate.

Nigeria & South Africa Agree On Mining Sector Cooperation

Nigeria and South Africa have concluded an agreement on mining sector cooperation.