International records / African Development Bank

Nigeria - Second Phase of Support to National Agricultural Growth Scheme – Agro-Pocket (NAGS 2.0)

Since its inauguration in May 2023, Nigeria’s administration has undertaken bold reforms to address structural macroeconomic imbalances, create a conducive business environment that will attract Foreign Direct Investment (FDI) and restore a growth trajectory. The overarching objective of the National Development Plan (NDP) 2021-2025 and the new administration’s medium term development agenda is to enhance sustainable and inclusive growth by undertaking structural reforms in energy, crowd in Foreign Direct Investment (FDI) and create fiscal space for public investments in productive sectors of …