Nigerian NGOs' Economic Impact Ahead of World NGO Day
The article, authored by Judith-Ann Walker, reviews the contributions of Nigerian NGOs to the economy as World NGO Day approaches on February 27. It notes that the rebasement of the Nigerian economy in 2024 will include NGO contributions, potentially increasing GDP by 6.2 percent.
The article emphasizes the impact of USAID's exit and the closure of local programs, which threaten the sustainability of thousands of local NGOs. It mentions a research project by DRPC aimed at strengthening the NGO sector, with a regrant of N5 million available for registered groups.
The article also outlines the selection of 17 pilot NGOs from a shortlist of 225, which were chosen based on their proposals. It stresses the importance of government support in mobilizing domestic resources and incentivizing private sector involvement to bolster the NGO sector, which is crucial for socio-economic development in Nigeria.
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