Directory of Economic, Commodity and Development Organizations - table of contents

Nigeria Trust Fund (NTF)

Fonds Special du Nigeria

The Nigeria Trust Fund (NTF) was established by the Government of Nigeria in 1976, with an initial capital of US$80 million which was subsequently replenished with US$71 million in 1981. The purpose of the NTF is to assist in the development efforts of the poorer AfDB members.

The NTF is required by its Agreement to use its resources to provide financing for projects of national or regional importance which further the economic and social development of the low-income RMCs whose economic and social conditions and prospects require financing on non-conventional terms. The NTF is under AfDB management.

UPDATED:  April 24, 2001