TABLE 3.

Analysis of TCI’s Challenge Fund Co-Investment With 13 Nigerian States Based on Commitment Versus Releases, by Year

Partnership Year
Cofinancing CategoryFunding Amount, N (US$)Proportion Accessed/Released, %Year 1, %Year 2, %Year 3, %Year 4, %
TCI Challenge Fund available3,109,227,343 (8,636,743)65.213.162.865.873.7
 Total TCI Challenge Fund accessed2,028,107,728 (5,633,633)

Government committed fund

1,515,261,026 (4,209,058)78.715.471.197.775.7
 Total government cofunding released1,193,229,506 (3,314,526)
  • Abbreviations: N, Nigerian naira; TCI, The Challenge Initiative.