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- W2776571815 abstract "The objective of the Public/Private Partnership Program Project is to increase private investment in the Nigeria PPP infrastructure market and specifically the core infrastructure sectors. The current project closing date is December 29, 2017. As indicated above, there has been major progress on the three PPP transactions supported by the project in 2017. The PPP transaction process is almost complete for the concessioning of 22 silos, which is a breakthrough. A six-month project closing date extension is required to ensure that the three transactions (supported by transactions advisers financed by the project will be completed by the revised project closing date (June 2018), which involves: the approval by FEC of the concession agreements and the signature of the agreements. In addition, a reallocation between categories is required, as two categories do not have sufficient funds to cover expenses incurred in 2017 and additional expenses required for January to June 2018 (category 1C: project implementation and monitoring and evaluation; and category 2: operating costs). It has been agreed between the Federal Ministry of Finance and the World Bank that this would be the only (and final) project closing date extension (no further extension will be considered). In any case, there will not be sufficient financial resources to further extend the project (with US$0.43 million undisbursed)." @default.
- W2776571815 created "2018-01-05" @default.
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- W2776571815 date "2017-12-20" @default.
- W2776571815 modified "2023-09-23" @default.
- W2776571815 title "Disclosable Restructuring Paper - Nigeria - Public Private Partnership Program - P115386" @default.
- W2776571815 hasPublicationYear "2017" @default.
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