HomeBusinessUK, Nigeria unveil £15m growth initiative to boost investment

UK, Nigeria unveil £15m growth initiative to boost investment

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The United Kingdom and Nigeria have launched a £15m Growth Programme aimed at unlocking private investment, accelerating economic transformation and supporting Nigeria’s transition to sustained, reform-driven growth.

The initiative was announced during a two-day visit to Nigeria by Jenny Chapman, who held engagements in Abuja and Kaduna as part of efforts to strengthen the UK-Nigeria Strategic Partnership.

According to a statement issued on Friday by the British High Commission, “The UK Minister for Africa and International Development, Baroness Jenny Chapman, has concluded a two-day visit to Nigeria, during which she announced a new £15m Growth Programme, deepened cooperation on digital transformation and health, and visited communities benefiting directly from UK investment on the ground.”

The statement disclosed that a major highlight of the visit was Chapman’s meeting with the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, where both sides discussed the new programme.

The three-year initiative

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