Capacity building of Nigeria Debt Management Office

The aim of the project is to build the capacity of the Debt Management Office so that it becomes fully effective, fully integrated into Nigeria's public financial management framework and can soundly manage Nigeria's public debt portfolio. Crown Agents is providing services in:

• Debt management technical assistance
• Debt management training
• Achieving debt sustainability
• Human resource development, management and organisational development
• Financial control and management information systems
• Information and communication technology systems.

We are assisting the Government of Nigeria to achieve a track record of debt service, voluntary debt negotiations and the completion of outstanding Paris Club bilateral negotiations and buyback deal. We are also developing a debt strategy which contributed to a meaningful debt relief, enabling Nigeria to return to international capital markets and attract foreign direct investment. By so doing, we have contributed to the development and implementation of Nigeria's Poverty Reduction Strategy through the reduction of debt service and increased resource allocation to the social sectors.