|Approval Date||03 Dec 2018|
|Signature Date||14 Feb 2019|
|Planned Completion Date||30 Jun 2022|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||15110|
The Institutional Support for Economic Management and Delivery Project is an institutional support operation designed to complement and build on the previous and ongoing operations (e.g. Debt Management Capacity Building Project; and Economic Governance, Diversification and Competitiveness Support Program), and other partners’ interventions. The Project also supplements the Federal Republic of Nigeria (FRN)’s interventions - the effort to accelerate ERGP implementation through the provision of technical assistance and developing critical skills in Government. It will thus play a role in building institutional capability critical for Nigeria’s macroeconomic stability, and economic recovery. The Project consists of four key components: (a) enhancing economic management, (b) enhancing performance management and delivery, (c) strengthening domestic revenue mobilization and effectiveness in public procurement, and (d) project management support.
The project’s goal is to strengthen economic and financial governance for achieving a stable macroeconomic environment, inclusive and sustained growth, and effective implementation and delivery of the national development plan. The specific objective of the project is to develop institutional capacity in macroeconomic management, revenue mobilization, procurement, monitoring and evaluation, and performance and portfolio management and delivery.
The main beneficiaries are senior management and technical staff of key central government institutions responsible for policy making, development planning, budgeting, procurement, performance management and reporting, monitoring and evaluation. The direct project beneficiaries include the Ministry of Budget and National Planning, Federal Ministry of Finance, and Bureau of Public Procurement. Overall, the private sector and the Nigerian population will benefit from the improved capacity for implementation and delivery of the ERGP whose main objective is to address institutional bottlenecks for private sector investment, create jobs, and reduce poverty and inequality.
African Development Fund
Government Of Nigeria
|Last Update||16 Jan 2020|