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Nigeria - Country partnership strategy progress report (English)

This progress report assesses implementation of the Country Partnership Strategy (CPS) during 2005-2007, and is jointly agreed by the World Bank, Department for International Development (DFID), and Government of Nigeria. The two years of CPS implementation showed uneven achievements across the 3 strategic pillars. There has been a notable increase in non-oil growth, commendable achievements in improving governance at the Federal level, and some successes in human development. Achievements have been made possible in areas where strong government commitment and leadership have enabled the many different institutional actors to work together effectively. Where this leadership is absent, poor coordination and competition among different agencies and tiers of government severely hampers progress. Weak capacity is generally a major challenge across sectors and tiers of government. Carrying forward the reforms initiated in the power sector is critical to improve Nigeria's competitiveness, sustaining economic growth and fostering human development. Progress in recent years includes: (i) enactment of a power sector bill which provides the basis for reforms of the sector, (ii) unbundling of the national power company (NEPA) in preparation for privatization, and (iii) investments in an increased generation. Nigeria maintained macro-economic stability and achieved strong performance of the non-oil sector. Improved fiscal management has been the driver of recent macroeconomic stability improvements. Inflation has declined to single digits in 2006-2007, the parallel and official exchange rates have converged reflecting the unification of foreign exchange market, and international reserves reached USD54 billion by the end of 2007. Continued fiscal discipline at Federal and State levels will be critical to maintaining macro-economic stability.


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    CAS Progress Report

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    Nigeria - Country partnership strategy progress report

  • Keywords

    State Economic Empowerment and Development Strategy;economic and financial crimes commission;sustainable management;access to safe drinking water;community base;Analytical and Advisory Activities;efficient use of resource;Acquired Immune Deficiency Syndrome;economic and sector work;Demand for Good Governance;monitoring and evaluation system;Financial Management and Accountability;Maternal and Child Mortality;development partner;construction and equipment;governance and growth;impact on poverty;constraints to growth;Rule of Law;Portfolio at Risk;civil society partnership;public goods provision;education and health;Public Finance Management;average net income;education sector reform;economic sector work;common external tariff;Human Immunodeficiency Virus;average life expectancy;transmission and distribution;fostering human development;preparation for privatization;area of governance;program of support;degree of autonomy;Natural Resource Management;civil society monitoring;aids prevalence rate;security and development;learning by doing;empowerment of communities;quality of governance;partnership development;community social;federal road;country financing parameters;construction and operation;amount of fund;federal level;disbursement ratio;portfolio performance;



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Nigeria - Country partnership strategy progress report (English). Washington, D.C. : World Bank Group.