Nigeria launched Africa’s first Integrated National Financing Strategy (INFS) in 2022, covering 22 financing sources and 115 initiatives to mobilize public, private, domestic, and international resources for sustainable development goals. Despite challenges like the COVID-19 pandemic and economic downturns, progress has been steady due to high-level political commitment and technical leadership from the Office of the Senior Special Assistant to the President on SDGs. Subnational efforts in six states focus on boosting revenue through digital tax platforms and gender-responsive measures, with Gombe state issuing a $19 million green bond in 2024.
Reforms include strengthened tax policies that have generated $30 million in additional revenue and the development of a $175 million investment pipeline for women- and youth-led ventures, securing $15 million so far. Future plans include establishing a catalytic INFF fund and updating the roadmap to align with national priorities. This integrated approach positions Nigeria to effectively scale sustainable financing and achieve its development goals.