|Approval Date||29 Jan 1991|
|Signature Date||11 Jul 1991|
|Planned Completion Date||31 Dec 1995|
|Last Disbursement Planned Date||31 Dec 1995|
|Sovereign / Non-Sovereign||Sovereign|
|Sector||Industry, Minning & Quarrying|
|DAC Sector Code||32110|
The primary objective of the proposed loan is to give support to Nigeria's industrial reform efforts for enhancing economic and social development as spelt out in the country's Structural Adjustment Programme. These efforts are aimed, inter alia, at encouraging the accelerated development and use of local raw materials and intermediate inputs rather than depend on imported ones ; development and utilization of local technology ; and generating employment through the encouragement of private sector small and medium scale industries.
African Development Bank
THE NATIONAL ECOMNOMIC RECONSTRUCTION "FUND, NICON HOUSE"
|Last Update||24 Sep 2022|