PARLIAMENTARY WRITTEN QUESTION
Nigeria: Development Aid (25 March 2021)
Question Asked
Asked by:
Anna McMorrin (Labour)
Answer
While CDC Group (CDC), Private Infrastructure Investment Group (PIDG), International Finance Corporation (IFC), African Development Bank (AfDB) are funded by UK ODA, their investments are not solely funded by the UK. Details of CDC, PIDG, IFC and African Development Bank investments in Indorama are available from their websites. Investment into Indorama has helped Nigeria meet its domestic needs for urea fertiliser and plastics as well as shifting the country to be a net exporter.
Further details can be accessed on the respective data portals at www.cdcgroup.com/en/our-impact/search-results/, http://data.pidg.org/, https://disclosures.ifc.org/ and https://mapafrica.afdb.org/en/.
Answered by:
Sir James Duddridge (Conservative)
13 April 2021
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