Nigeria - Institutional Support for Economic Management and Delivery Project

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.