Minister of State for Budget and Economic Planning, Dr Doris Uzoka-Anite, has called for the establishment of clear guidelines and accessible mechanisms for catalytic funding, as Nigeria deepens its development collaboration with the United Kingdom (UK).
Speaking during a courtesy visit by officials of the UK Foreign, Commonwealth and Development Office (FCDO), led by Head of Development Cooperation, Cynthia Rowe, the Minister underscored the need for stronger coordination with government Ministries and enhanced technical support from international partners to unlock growth-driven financing.
She noted that Nigeria’s National Development Plan already incorporates key instruments such as public-private partnerships, blended finance, and guarantees designed to de-risk investments, stressing that effective implementation now requires well-defined frameworks and sustained collaboration.
“The shift from aid and grants toward investment and catalytic funding is a welcome development that aligns with global trends and Nigeria’s long-standing push for growth-driven financing,” she said.
Dr Uzoka-Anite also highlighted that while investment-focused financing is critical, grants and aid remain essential for sectors such as education and for vulnerable populations that are yet to attract private investment.
In her remarks, Cynthia Rowe reaffirmed the UK’s enduring commitment to Nigeria despite evolving global pressures, noting that the country remains a priority partner in Africa.
She explained that future cooperation will increasingly focus on investment, institutional strengthening, and knowledge-sharing, including partnerships between UK and Nigerian financial and regulatory institutions to build resilient systems.
She added that while humanitarian support will continue, there will be a gradual transition towards greater local ownership, with Nigerian institutions taking on increased responsibility over time, as both countries pivot towards a more sustainable, investment-led development partnership.
The Foreign, Commonwealth and Development Office (FCDO) of the United Kingdom has been actively engaged in development partnerships with Nigeria, focusing on key sectors that align with Nigeria’s development priorities and the UK’s international development goals.
FCDO is actively engaged in various sectors, namely: Governance, Human Development, the Lake Chad Basin Conflict, UK-Nigeria People-to-People Links, Economic Transformation, counter terrorism, health, education and security.
