Consultancy for the Study on the Federal Capital Project Expenditure in Nigeria
A study supported from the World bank and International Development Association (IDA). The focus of the study was to review the project performance across 10 critical government agencies whose projects together account for the largest amount of contribution to the investment budget/capital expenditure (Over 100 Billion Naira). A study also aimed to streamline resource allocation to projects that have most social and economical impact.
Provided services included the following:
⦁ Reviewed all existing studies of this nature that have been carried out in the past;
⦁ Reviewed various development agenda/ blueprint such as NV20;2020, National Integrated Infrastructure Master Plan (NllMP), 1st NIP, Transformation Agenda, Change Mantra of the present Administration etc that have been produced by Nigerian Government to serve as good reference points;
⦁ Determined the status of the projects vis-a-vis their start date, original expected completed date, original budget, actual costs, stage of implementation, revised completion dates, revised budget;
⦁ Conducted a strategic review of on-going capital projects with a view to streamlining them and allocating resources to the ones that have most social and economic impact.
⦁ Ranked all on-going projects in Federal MDAs portfolio from highest to lowest priority, including their socio-economic returns, such as the number of projects beneficiaries;
⦁ Developed a Public Investment Strategy and Public Investment Management process with the framework of the Medium Term Sector strategies in key MDAs and their incorporation into the budgetary process.
⦁ Developed a report with findings and recommendations.