The Minister of Finance,Mrs. Kemi Adeosun,along with the President of the Islamic Development Bank (IsDB) Dr. Ahmad Mohamed Ali will today formally inaugurate the Country Gateway Office (CGO) of IsDB in Abuja today. According to a statement by Mr. Abdullah Kiliaki, the Director of the CGO, the ceremony will take place at the CGO premises, Central Business District (CBD), Abuja. The president of the IDB has since arrived for the event. The statement quoted the president of the IsDB Group as saying: “One of the goals of IsDB’s 10 year strategy is to increase its operations in its member countries. The inauguration of the CGO is an important milestone in forging stronger partnership with the government and people of Nigeria.” The statement also said the IsDBank has approved several projects for Nigeria, such as the National Food Security Programme for Anambra, Gombe and Yobe States, as well as the Illesha Water Supply and Sanitation Project in Osun State. IsDB has also approved the Bilingual Education Programme which will benefit nine states; Adamawa, Borno, Kaduna, Kano, Gombe, Niger, Nasarawa, Osun, Kwara and Borno States. Nigeria is one of the major shareholders of the bank, having formally joined in 2005, during President Olusegun Obasanjo’s administration with the sum of $3.4 million paid to the bank as its initial membership subscription.