NGF, UNDP deepen partnership on subnational investment, financing reform

The Nigeria Governors’ Forum and the United Nations Development Programme have deepened their collaboration to attract sustainable investment and strengthen state-level economies across Nigeria.
The NGF disclosed this in a statement on Thursday. It said that the commitment was made during a visit by a high-level UNDP delegation, led by Ms Elsie Attafuah, UNDP resident representative in Nigeria, to the NGF secretariat in Abuja on Wednesday.
It also said that the focus of the visit was on unlocking innovative financing models to help subnational governments mobilise investments and bridge critical infrastructure and fiscal capacity gaps across the 36 states.
It noted that both institutions agreed to formalise their partnership through a memorandum of understanding. The MoU, according to the statement, would define technical assistance and pilot interventions in select states.
It said that the collaboration would specifically focus on developing a subnational development finance lab, a public-private partnership competency framework, and a state investment readiness index to benchmark competitiveness.
The NGF director-general, Abdulateef Shittu, described the engagement as “a timely step in deepening Nigeria’s subnational development agenda”.
“We value UNDP’s partnership in helping states become more competitive and investment-ready. Our goal is to create a pathway where subnational governments can independently attract, manage, and sustain investments that directly impact lives and livelihoods,” he said
Mr Shittu highlighted the NGF’s recent inauguration of Investopedia, a digital investment intelligence platform that aggregates over 269 investment-ready projects across the states, as proof that states are “ready, willing, and able to lead the country’s transformation”.
Mr Shittu expressed confidence that the partnership would be catalytic, enabling subnational governments to become key drivers of Nigeria’s development narrative.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Economy
Ondo assembly seeks faster C of O processing to boost investment
The committee’s chairman, Abiola Oladapo, said efficient land administration was critical to creating an enabling environment for businesses.

Heading 4
Minister calls for greater involvement of oncology nurses in cancer care
The minister said cancer’s complexity made multidisciplinary collaboration essential.

Education
NOUN matriculates 70 inmates in Enugu custodial centre
Mr Nwakuche said the NCoS was committed to using education as an instrument for reformation.

Agriculture
Gombe inaugurates state-wide livestock vaccination campaign
Mr Yahaya said the exercise was aimed at protecting animal health.

NationWide
Asaba Massacre: Obasanjo urges forgiveness, reconciliation
He described the massacre as one of the most painful and terrible aspects of the Nigerian Civil War.

World
FBI nabs ISIS-linked Sheikhdoon Mohamud for plottting terrorist attack on Mall of America
He was arrested after buying an AK-47-style rifle, magazines and ammunition from an undercover FBI agent.





