Nigeria aims to fund social investment programs with doubled oil revenue and reforms, targeting poverty reduction and job creation.

Nigeria's government plans to use its doubled revenue from oil and macroeconomic reforms to fund social investment programs aimed at improving living standards for 20 million citizens, targeting 60% of the poorest population. The initiatives will enhance agriculture, manufacturing, oil, and housing, with grants and loans available for small enterprises. The strategy aims to reduce inflation, create jobs, and improve the country's revenue-to-GDP ratio while addressing poverty.

October 15, 2024
81 Articles

Further Reading