ECONOMIC GROWTH AND TRADE

Nigeria’s economic potential is constrained by many structural issues, including inadequate infrastructure, tariff and non-tariff barriers to trade, obstacles to investment, lack of confidence in currency valuation, and limited foreign exchange capacity.

Sustained broad-based economic growth and poverty reduction are critical to its economic stability. USAID supports the Government's poverty alleviation efforts to improve agricultural productivity and expand jobs in rural areas. It also works to improve market access, increase the country's energy supply, reduce obstacles to trade, and expand access to clean water. We help develop a policy environment for small businesses and expand access to market-driven vocational and technical training linked with private sector employment opportunities. U.S. assistance also focuses on expanding access to commercial financial services, including micro-finance.