- In 2016, Nigeria’s economy slipped into recession for the first time in more than two decades, reflecting adverse economic shocks, inconsistent economic policies, and security problems in the north east and Delta regions.
- The outlook for 2017 is for a moderate economic recovery with real GDP projected to grow at 2.2% spurred by increased infrastructure spending and restoration of oil production to previous levels.
- The government has initiated a plan for an integrated framework for development programmes in the north east through implementation of targeted social safety initiatives across the country. Private investments are a key policy priority, aimed at driving economic diversification through entrepreneurship and industrialisation in the lead sectors of agribusiness, manufacturing and mining.
|Area:||924,000 sq km|
|Total Population 2017:||191.8 Million|
|Urban Population 2017:||73.50%|
|Female Population 2017:||49.70%|
|GDP:||US$ 581.6 Billion|
|GNI Per Capita 2015:||US$ 2,820|
|Crude Birth Rate (per 1000):||38.10%|
|Human Development Index (rank / 188):||152|
|Human Development Index (scale 0 to 1):||0.527|
|Cumulative Approvals (1967-2016):||UA 6.1 Billion|
|P-GA-C00-001|| APPUI TECHNIQUE AU PROGRAMME NATIONAL D’EVALUATION ENVIRONNEMENTALE DES SITES INDUSTRIELS ET DES S ||ApprovedAPVD|
|P-MG-CZ0-002|| PROJET D’AMELIORATION DE L’EFFICACITE POUR LA REDUCTION DES RISQUES DE CATASTROPHES ||ApprovedAPVD|
- 30/06/2017 - Stakeholders validate Abidjan-Lagos Highway Corridor trade facilitation needs assessment report
- 29/06/2017 - AfDB Senior Director concludes accreditation with Nigerian Government
- 15/06/2017 - AfDB and Export Trading Group (ETG) sign US$ 100 million non-sovereign guarantee corporate loan