Nigeria TV Info 

UK Launches £15 Million Growth Programme to Boost Investments in Nigeria

The United Kingdom has unveiled a new £15 million economic growth programme aimed at strengthening trade and investment ties with Nigeria, Africa’s largest economy. The initiative is designed to support private sector development, attract foreign direct investment, create jobs, and promote sustainable economic growth across key sectors of the Nigerian economy.

According to UK officials, the programme will focus on improving the business environment, supporting small and medium-sized enterprises (SMEs), enhancing access to finance, and encouraging innovation in sectors such as agriculture, technology, renewable energy, manufacturing, and infrastructure. The initiative is expected to help Nigerian businesses become more competitive while creating new opportunities for British investors seeking to expand operations in West Africa.

The programme aligns with ongoing efforts by both countries to deepen economic cooperation and unlock new areas of commercial partnership. It will also provide technical assistance, policy support, and capacity-building programmes aimed at addressing barriers to investment and fostering long-term economic resilience.

Stakeholders have welcomed the development, noting that increased investment inflows could contribute significantly to job creation, economic diversification, and improved living standards. The initiative comes at a time when Nigeria is pursuing reforms to attract more foreign investment and stimulate economic growth.

Economic analysts believe the UK-backed programme could strengthen investor confidence and reinforce Nigeria’s position as a leading destination for business and investment in Africa.