Livelihood Improvement Family Enterprises Project in the Niger Delta of Nigeria (LIFE-ND)

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Livelihood Improvement Family Enterprises Project in the Niger Delta of Nigeria

In Nigeria, a decline in oil exports, which make up 70 per cent of government revenue, has resulted in a steady decrease in the growth rate of the country’s GDP. Nigeria is now in a financial recession, with 42 per cent of youth either unemployed or underemployed. Agriculture remains underdeveloped but has the potential to provide decent employment to thousands of women and young people.

The Livelihood Improvement Family Enterprises Project in the Niger Delta of Nigeria (LIFE-ND) aims to address the growing numbers of restive youth by sustainably enhancing incomes and food security, and by creating jobs for rural women and youth in the Niger Delta. The project will build on the successes of earlier IFAD-supported projects to develop the supply of skilled youth labour, and it will strengthen the capacity of institutions at the state and community levels to work with private-sector actors.

LIFE-ND will be implemented in the nine Niger Delta states: Abia, Akwa Ibom, Bayelsa, Cross River, Delta, Edo, Imo, Ondo and Rivers. It will engage 25,500 youth and women, as well as 600 established and potential enterprise incubators. The beneficiaries will be youth aged 18 to 35 years and women-headed households with children under the age of 15. Overall, the project aims to have a 50 per cent female participation rate.

 

President's report

Proposed loan to the Federal Republic of Nigeria for the Livelihood Improvement Family Enterprises Project in the Niger Delta

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Status: Ongoing
Country
Nigeria
Approval Date
11 December 2017
Duration
2017 - 2025
Sector
Credit and Financial Services
Total Project Cost
US$ 130.01 million
IFAD Financing
US$ 60 million
Co-financiers (Domestic)
Niger Delta Development Commission US$ 30 million
Local Government US$ 4.88 million
National Government US$ 3.06 million
Financing Gap
US$ 32.08 million
Financing terms
Blend
Project ID
2000001043
Project Contact
Nadine Dominique Ms Gbossa

President's reports

Project design reports

Project design reports

Supervision and implementation support documents

Environmental and social impact assessment

Final environmental and social management framework

Resettlement action framework

Interim (mid-term) review report

Special study

PCR digest

Project list

Audit and Financial Statements

Project completion report

Co-financiers