Nigeria: Overseas Aid

Foreign, Commonwealth and Development Office written question – answered at on 13 April 2021.

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Photo of Anna McMorrin Anna McMorrin Shadow Minister (International Development)

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what the value is of UK official development assistance investments in the Indorama Eleme petrochemicals plant in Port Harcourt, Nigeria (a) in total and (b) through the (i) CDC Group, (ii) Private Infrastructure Investment Group, (iii) International Finance Corporation and (iv) African Development Bank.

Photo of James Duddridge James Duddridge Parliamentary Under-Secretary (Foreign, Commonwealth and Development Office)

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/.

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