The United Kingdom has launched a new £15 million Growth Programme aimed at helping Nigeria attract more investment, strengthen economic reforms and accelerate long-term growth.
The announcement was made during a two-day visit to Nigeria by Baroness Jenny Chapman, the UK minister for Africa and International Development, who met with key government officials in Abuja and Kaduna.
The new programme, unveiled alongside Taiwo Oyedele, Nigeria’s minister of Finance and coordinating minister of the Economy, is expected to run for three years. It is designed to support Nigeria’s transition from economic stabilisation to sustainable growth driven by reforms, private sector investment and improved business conditions.
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The initiative is one of the strongest signals yet that the UK is deepening its economic engagement with Nigeria at a time when the country is pursuing major fiscal, tax and investment reforms.
