Abuja, Dec. 5, 2025 — The British Government has announced the rollout of £12.4 million (approx. ₦24 billion) in development programmes designed to back Nigeria’s economic reform agenda under President Bola Tinubu.
According to the UK’s Minister for Development and Africa, Andrew Mitchell, the funding will be channelled into initiatives that strengthen governance, improve trade relations, and promote inclusive economic growth.
Programme Focus
Governance & Transparency: Supporting Nigeria’s institutions to deliver reforms more effectively and curb corruption.
Trade & Investment: Enhancing Nigeria’s ability to attract foreign investment and expand export opportunities.
Inclusive Growth: Targeting programmes that benefit women, youth, and vulnerable communities, ensuring reforms translate into broad-based prosperity.
Mitchell emphasised that the UK remains committed to partnering with Nigeria as it navigates tough reforms aimed at stabilising the economy, tackling inflation, and boosting productivity.
The announcement was made during the UK-Nigeria Economic Development Forum (EDF) in Abuja, where both governments reaffirmed their commitment to deepening bilateral trade and investment ties.
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, welcomed the support, noting that the programmes will complement ongoing fiscal and monetary reforms designed to restore investor confidence and drive sustainable growth.
Analysts say the UK’s intervention signals strong international backing for Nigeria’s reform agenda, which has faced challenges including rising living costs and resistance from vested interests.
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