| Approval Date | 03 Dec 2018 |
| Signature Date | 14 Feb 2019 |
| Planned Completion Date | 30 Jun 2022 |
| Last Disbursement Planned Date | 30 Jun 2022 |
| Sovereign / Non-Sovereign | Sovereign |
| Sector | Multi-Sector |
| DAC Sector Code | 15124 |
| Commitment | U.A 10,000,000 |
| Status | Approved |
The Institutional Support for Economic Management and Delivery (ISEMD) Project is aligned with the overall thrust of Nigeria’s development strategy - the Economic Recovery and Growth Plan (ERGP) for 2017-2020. The ERGP calls for macroeconomic and structural reforms, infrastructure investments and social sector programs to diversify the economy and set it on a path of high and sustained inclusive growth. The three broad strategic objectives are restoring growth, investing in people, and building a competitive economy. The Project thus supplements the Federal Government of Nigeria (FGN)’s interventions – the effort to accelerate ERGP implementation through the provision of technical assistance and developing critical skills in Government. It will also complement and enhance the effectiveness of the Bank’s ongoing projects by focusing on the effective delivery of the strategic objectives of the ERGP of unlocking private sector capital. 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 will be implemented over a period of three years from January 2019 to December 2021 with an estimated total cost of UA 11.17 million.
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 direct Project beneficiaries are officials and technical staff of the Federal Ministry of Finance (FMF), Ministry of Budget and National Planning (MBNP), and Bureau of Public Procurement (BPP) as well as planning, and monitoring and evaluation officers in the selected sector ministries responsible for the ERGP implementation. The benefits accrue to them through improved working systems and tools, skills training, and better access to information management systems. Private sector, training institutions and the population will benefit from the planned capacity building support for effective implementation of the national development plan (e.g. ERGP Focal Lab will unblock the private sector investment and participation).
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Funding
African Development Fund
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Extending
Government Of Nigeria
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| IATI identifier | 46002-P-NG-KA0-005 |
| Last Update | 24 Sep 2020 |
| Name | GEBRE-SELASSIE Kalayu |
| k.gebre-selassie@afdb.org |
| Country | Nigeria |