Nigeria - Kaduna State Economic Transformation Program-for-Results (WB-P161998)

Countries
  • Nigeria
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jun 20, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Federal Ministry of Finance
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 350.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 350.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Sep 18, 2017

Disclosed by Bank Mar 21, 2017


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Project Description
The development objective of Kaduna State Economic Transformation Program-for-Results Project for Nigeria is to improve the business enabling environment and strengthen fiscal management and accountability in Kaduna State. This operation is fully aligned with the World Bank Group’s Country Partnership Strategy (CPS) for the Federal Republic of Nigeria for FY14–FY17. The CPS has three objectives: (a) promoting diversified growth and job creation by reforming the power sector, enhancing agricultural productivity, and increasing access to finance; (b) improving the quality and efficiency of social service delivery at the state level to promote social inclusion; and (c) strengthening governance and public sector management, with gender equity and conflict sensitivity as essential elements of governance. This Program-for-Results (PforR) focuses on increasing the number of jobs in the modern private sector and boosting the productivity of traditional economic sectors. Another important and complementary focus of the PforR is to support Kaduna State to increase its fiscal space and enhance expenditure effectiveness to boost investments in human capital and physical assets sustainably.
Investment Description
  • World Bank (WB)
Contact Information
Contact: Mohammed Hayatuddeen Title: Head Project Financial Management Unit, Office of the Accountant General, Kaduna State Tel: +234 8037005094 Email: hayatudeen11@yahoo.com ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.