The development objective of the Ogun State Economic Transformation Project for Nigeria is to increase the participation of the private sector in the economy of Ogun state with a focus on improving the business-enabling environment (BBE), strengthening agri-food value-chains, and upgrading skills. The project comprises of two components. The first component, results-based financing to improve the business-enabling environment and foster private sector participation in the agri-food and skills sectors will support the Ogun state government’s reform efforts to increase private sector investment through the following three results areas: (i) improving the BEE; (ii) strengthening agri-food value chains; and (iii) upgrading skills. The second component, strengthening the capacity of the government to implement the state’s economic transformation agenda will finance technical assistance (TA) and investments to support the implementation of the results-based component. It consists of following sub-components: (i) improving the business environment; (ii) strengthening agri-food value-chains; (iii) upgrading skills development; (iv) improving public sector management; and (v) project implementation support.
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