Nigeria Integrated National Financing Framework

Nigeria Integrated National Financing Framework

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Nigeria Integrated National Financing Framework

October 1, 2022

The Integrated National Financing Framework (INFF) is an approach to help countries strengthen their planning and financing processes and overcome existing impediments to financing sustainable development at the national level.

In integrating the INFF approach into Nigeria’s planning and financing processes, the government recognised the value in articulating a clear overarching Integrated Financing Strategy (INFS) that includes a Medium-Term Revenue Strategy (MTRS) and Medium-Term Expenditure Framework (MTEF), a robust INFF road map and Monitoring & Evaluation (M&E) Framework, an effective Governance and Coordination mechanism, and a refined Fiscal Federalism Framework.

Therefore, this report is the Integrated National Financing Framework (INFF) developed for Nigeria to adopt in financing its Sustainable Development Goals (SDGs).

The INFS particularly aligns itself with the policy objectives of the current 2021–2025 National Development Plan (NDP) and the 2021 National Poverty Reduction with Growth Strategy (NPRGS), whose priorities are centred around SDG 1 (no poverty), SDG 3 (good health and wellbeing), SDG 4 (quality education), SDG 8 (decent work and economic growth), SDG 9 (industry, innovation, and infrastructure), SDG 10 (reduced inequalities, particularly among states), and SDG 16 (peace, justice, and strong institutions), with elements of gender mainstreaming (SDG 5) and climate change (SDG 13) embedded into many of the policy priorities.