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Big Finance: African Development Bank (AfDB) backs Nigeria’s economic reforms

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October 21, 2025

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The AfDB is set to lend Nigeria US$500 million in 2025 as part of a US$1 billion budget-support programme, following major economic reforms by President Bola Tinubu (fuel subsidy removal, forex unification, tax reform).

Cash-in or cash-out? Nigeria’s economy and the politics of reform funding.

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Big Finance: African Development Bank (AfDB) backs Nigeria’s economic reforms

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support@paulkizitoblog.comOctober 21, 2025

The AfDB is set to lend Nigeria US$500 million in 2025 as part of a US$1 billion budget-support programme, following major economic reforms by President Bola Tinubu (fuel subsidy removal, forex unification, tax reform). Cash-in or cash-out? Nigeria’s economy and the politics of reform funding.

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