The launch of the Nigeria Economic Stability & Transformation (NEST) and the Nigeria Public Finance Facility (NPFF) programmes marks an important step in the UK-Nigeria collaboration to strengthen macroeconomic stability, improve public finances, and create conditions for sustainable private-sector-led growth.
Held at the British High Commissioner’s Residence in Abuja the NEST and NPFF programmes were introduced following the inaugural Joint UK-Nigeria Steering Committee meeting. Senior Nigerian government officials welcomed the NEST and NPFF programmes, recognising the joint overarching framework as a coherent approach to support the country’s macroeconomic fiscal and reform agenda.
Representatives from the Federal Ministry of Finance, the Budget Office, Debt Management Office, Federal Inland Revenue Service (FIRS) and the Central Bank of Nigeria joined the discussion on immediate reform priorities where NEST and NPFF can support early actions.
Our delivery teams left the launch energised and are ramping up to move into full implementation. Over the coming months, both programmes will prioritise concrete delivery that translates this momentum into measurable impact for Nigeria’s economy.
The NEST and NPFF programmes will:
- Strengthen macroeconomic stability in Nigeria
- Improve public finances and public financial management
- Create conditions for sustainable, private-sector-led growth
- Support immediate reform priorities identified by Nigerian government counterparts and translate launch momentum into concrete delivery and early actions
