Nigeria: Poverty Reduction Strategy Paper: National Economic Empowerment and Development Strategy

International Monetary Fund

No 2005/433, IMF Staff Country Reports from International Monetary Fund

Abstract: This Poverty Reduction Strategy Paper for Nigeria highlights the National Economic Empowerment and Development Strategy (NEEDS). NEEDS gives special support to agriculture, industry, small and medium-scale enterprises, and oil and gas. Under the plan, the government will seek long-term capital for investment. Trade policy will be modified to unburden business of the red tape and complex procedures that hinder it from flourishing. NEEDS envisages forging stronger links between educational institutions and industry to stimulate rapid industrial growth and efficient exploitation of resources.

Keywords: ISCR; CR; private sector; federal government; permanent secretary; debt service; monetary policy; civil society; trade policy; economic system; public expenditure; West Africa; Global; Africa; Central Africa (search for similar items in EconPapers)
Pages: 139
Date: 2005-12-19
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Citations: View citations in EconPapers (4)

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