In a significant push to enhance Nigeria’s business climate, the Federal Government has announced the disbursement of $68.36 million to 28 states under the States Action on Business Enabling Reforms (SABER) Programme. This initiative is part of a larger $750 million World Bank-backed effort aimed at fostering economic growth by streamlining regulations and improving the ease of doing business across the country.
The announcement was made via Nigerian Stories’ official X handle, where the government reiterated its commitment to supporting state-level reforms that will attract investment, drive entrepreneurship, and create job opportunities.
The SABER Programme is designed to remove bureaucratic bottlenecks, enhance transparency, and facilitate a more business-friendly environment nationwide. With this latest disbursement, participating states are expected to implement targeted reforms that will unlock economic potential, boost local enterprises, and strengthen Nigeria’s position in the global business landscape.
This funding marks another step in the government’s broader strategy to enhance economic resilience and empower businesses across the country. As more states access these resources, the impact on Nigeria’s investment climate and overall economic trajectory will be closely watched.
Stay tuned for more updates on how these funds are being utilized to transform Nigeria’s business environment.
PIONEER NEWS 