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Nigeria To Benefit From over $40trn Global Devt Partners, Humanitarian Organisations

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The Institute of Negotiators, Community, and Social Development Experts (INCOS-DE) has disclosed that Nigeria is set to benefit from over ₦40 trillion set aside by the global development partners and humanitarian organizations especially for the developing nations for the Sustainable Development Goals, SDGs.

Already, INCOS-DE has concluded induction and certification of executive experts and development partners that would ensure that Nigeria has access to global grants for development.

The Executive Secretary and Chief Executive Officer of INCOS-DE, Hon. Kunle Yusuff, who made this disclosure while speaking at the induction ceremony in Abuja, weekend, also added that over $40 trillion in funds are available from global development partners and humanitarian organizations to support the achievement of the SDGs and climate change initiatives.
While warning that many developing countries, including Nigeria, lacked the expertise and capacity needed to access these funds, contributing to ongoing underdevelopment, Yusuf disclosed that more than 345 global organizations hold these funds and are eager to support developing nations in improving the lives of their citizens.

INCOS-DE, backed by the Nigerian Federal Government, has established training partnerships with prestigious institutions such as the Moller Institute Cambridge, Liberty University, USA, the United Nations, and Merited Institute.

He highlighted that between now and 2030, approximately $17.5 trillion is allocated for climate change initiatives, while nearly $15 trillion is available for SDG-related projects.
According to him: “From now until 2030, almost $17.5 trillion is earmarked globally for climate change, about $15 trillion for the SDGs, and close to $20 trillion for strategic partnerships and negotiations—all directed at humanitarian and development efforts.
“And these are on humanitarianism and development. These are the money that will be spent before the completion of sustainable development goal agenda 2030”

Yusuff hammered on he urgent need for Nigerian governments at federal, state, and local levels to build the right expertise to tap into these untapped grant funds from global development partners.

He said the answer on how Nigeria can benefit from the credible grant interventions lies in capacity building and professional training, enabling Nigerians to join the global community in accessing the funds.

“The issue is not just the quantum of funds available but the ability of Nigerians to become certified experts and development practitioners. Certification is key to accessing global support networks, donor agency databases, and philanthropic grants worldwide,” Yusuff stated,

Regarding government interest, Yusuff noted that INCOS-DE has reached out to various federal agencies, states, and local authorities to encourage participation and capacity development.

“We have written to all federal government agencies, including MDAs, and met with some governors to promote this opportunity. Government alone cannot finance all its development programs, but securing grants through these alternative means offers a win-win for everyone involved,” he said.

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