Implementing Nigeria’s next National Development Plan (2021–2030) will require financing strategies that simultaneously address challenges and deliver reforms across various aspects of public, private, domestic and international financing. The Government of Nigeria is using the INFF approach to prioritise, coordinate and supervise this multidimensional reform agenda, thus supporting both national and international efforts to build back better.
This development finance assessment (DFA) report lays the foundation for the Government of Nigeria to mainstream the Sustainable Development Goals (SDGs) across its planning, budgeting and financing functions. It assesses the current policy framework that the Government uses to manage resources and suggests a number of initiatives to improve the planning and execution of activities related to Nigeria’s development finance.
The DFA process also provides a platform for the systematic involvement of a wide range of stakeholders to inform policymaking in line with the SDG principle of leaving no one behind. Once operational at the federal level, similar assessments could be piloted at the state level to identify and implement state-specific SDG financing solutions.
