The Nigeria Economic Stability and Transformation Programme aims to assist the government in stabilizing the economy, promoting growth and diversification away from oil and gas, while contributing to the UK's global economic objectives.
Nigeria Economic Stability & Transformation (NEST). The Nigeria Economic Stability and Transformation Programme (NEST) aims to increase the chances that the Nigerian government creates the conditions for higher, sustained growth. This programme will have three main themes: 1. Assisting the government to stabilise the economy, mitigating negative impacts on poor and vulnerable people; 2. Support Nigerian policy making to engender growth and economic transformation including diversification away from oil and gas; and 3. Contributing to UK’s global growth, trade and investment objectives. NEST will do this by working primarily with Federal Government institutions responsible for economic strategy, policy, its implementation and communication. It will operate as a demand-led facility, working closely with government clients to identify and shape a portfolio of activities. In addition, the programme will help to ensure Nigeria benefits from the UK’s wider economic development offer, such as British Investment Partnerships (BIP) and Centres of Excellence (CoEs). The programme may also partner with Nigerian organisations (think tanks etc) to promote a positive debate on Nigeria’s economy.
A Technical Assistance Facility supporting Economic Reform in Nigeria