The governments of the United Kingdom and Nigeria have unveiled a new £15 million growth programme aimed at unlocking private-sector investment, strengthening economic reforms, and accelerating sustainable development across Nigeria.
The initiative was announced during a two-day visit to Nigeria by Jenny Chapman, the UK’s Minister for Africa and International Development, according to a statement issued by the British High Commission in Abuja on Friday.
The programme is designed to support economic transformation by improving access to investment opportunities, strengthening capital markets, promoting technology-driven growth, and providing technical assistance to key sectors of the Nigerian economy.
The British High Commission said the launch of the growth programme reflects the expanding strategic partnership between both countries and aligns with their shared commitment to economic growth and prosperity.
In addition to the investment initiative, the UK announced enhanced cooperation in Nigeria’s digital economy through the SPRIRET project, which is being implemented under the UK’s Digital Access Programme.
SPRIRET Project
According to the commission, the SPRIRET initiative will support digital governance reforms across five Nigerian states by reducing regulatory barriers and creating an enabling environment for investment in broadband infrastructure, digital services, and emerging technologies.
Speaking on the development, Chapman said her visit reinforced the strength of the UK-Nigeria relationship.
“From launching our new growth programme with Minister Taiwo Oyedele, to meeting frontline health workers in Kaduna, every conversation this week has shown me a country full of ambition and a partnership that is genuinely delivering for both sides,” she said.
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, described the partnership as one focused on growth, development, and mutual prosperity.
“The UK–Nigeria Growth Programme helps bring this partnership to life. It will support capital market development, technology investment, small businesses, and technical assistance.
“We look forward to seeing how these opportunities deliver lasting benefits and drive progress for both countries,” Oyedele said.
During the visit, Chapman also held talks with Nigeria’s Minister of Industry, Trade and Investment, Jumoke Oduwole, to review progress under the Enhanced Trade and Investment Partnership between the two countries.
The latest initiative is expected to strengthen economic ties between Nigeria and the UK while supporting investment-led growth, digital transformation, and private-sector development.SEO Title: UK, Nigeria Launch £15m Growth Programme to Boost Investment and Economic Reforms
