Nigeria

Nigeria
Nigeria

Official Name: Federal Republic of Nigeria
Capital: Abuja
Independence Day: 1 October 1960
Currency: Nigerian naira and Kobo (NGN)

Key Results

  • Nigeria is among five countries that have set up a financing facility to support innovative vocational training initiatives.
  • Nigeria has domesticated an adapted version of the African Union Model Law on Medical Products with the aim of improving access to quality and safe drugs and to fight the circulation of fake medical products in the country.
  • Nigeria is also part of the West Africa Medicines Regulatory Harmonisation (MRH) programme which was launched in 2015 in Accra, Ghana. Nigeria participated in the establishment of the joint MRH Project Steering Committee and formation of seven Technical Working Groups (TWGs).
  • The government of Nigeria has readjusted the scope of a 4,400-km-long gas pipeline project from Nigeria to Algeria, which has been integrated into the National Infrastructure Development Program. In 2009, the Nigeria National Petroleum Company (NNPC) and Sonatrach agreed to proceed with the MoU and Joint Venture Agreement between the three countries involved in this project. The inter-governmental agreement was also signed in the same year.
  • Nigeria is expected to benefit from the Gas – West African Power Pool – Domunli Regional Power Project which entails the construction of a 450 MW combined cycle thermal power plant. The project is intended to make use of the Jubilee gas fields. This is a Government of Ghana/Volta River Authority (VRA) sponsored project and other countries expected to benefit from this project include Benin and Togo.
  • Nigeria is leading the Abidjan-Lagos Coastal Corridor project which seeks to modernise the most heavily travelled ARTIN corridor in West Africa to facilitate trade and movement of people and goods. The project includes the establishment of a One-Stop Border Post and the enhancement of Government capacities for PPP development and management. of PPPs. NEPAD facilitated this project through provision of technical support to ECOWAS in the areas of Project Cycle Management and experts deployed. The support enabled the countries to sign the Project treaty in February 2014 which provides for a supranational corridor management authority and seed fund contribution of US$50 million agreed.
  • Nigeria is also among five countries that have developed an integrated sub-regional management system for the Iullemeden Aquifer System. The feasilibilility studies for improved use of the aquifer system are underway.
  • Nigeria is also among countries that are involved in the 4500 km Algeria to Nigeria Optic Fibre project. The Algeria to Niger border segment has been completed and is operational but awaiting reinforcements carrying loop systems to ensure high network availability. The feasibility study focusing on the Chad, Niger and Nigeria segment are underway.
  • 85 million hectares of degraded and deforested land on the continent have been committed for restoration through the application of the restoration opportunities assessment methodology. To date, Nigeria has committed 4.0 million ha.