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

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  • 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.

Suggested Citation

  • International Monetary Fund, 2005. "Nigeria: Poverty Reduction Strategy Paper: National Economic Empowerment and Development Strategy," IMF Staff Country Reports 2005/433, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2005/433
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    Cited by:

    1. Namara, Regassa E. & Barry, Boubacar & Owusu, Eric S. & Ogilvie, A., 2011. "An overview of the development challenges and constraints of the Niger Basin and possible intervention strategies," IWMI Working Papers H044299, International Water Management Institute.
    2. Amaechi Okonkwo, 2012. "The Lower Niger River dredging and indigenous wetland livelihoods in Nigeria: the Anam communities in Ugbolu, Delta State, as a case study," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 14(5), pages 667-689, October.
    3. Nduka, Eleanya K., 2018. "Modeling the Long-Run Relationship Between Exchange Rate-Tourism Pass-Through and Growth: The Case of Nigeria?," MPRA Paper 86584, University Library of Munich, Germany.
    4. Rufus B. Akindola, 2009. "Towards a Definition of Poverty," Journal of Developing Societies, , vol. 25(2), pages 121-150, April.

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