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Nigeria SFTAS Additional Financing for Covid-19 Response PforR

Development Objective

Strengthen the fiscal transparency, accountability and sustainability in the participating states, including in the context of the COVID-19 response.

Key Details

Project Details

  • P174042

  • Closed

  • Deborah Isser , Samer Matta

  • Federal Republic of Nigeria

  • Nigeria

  • May 16, 2020

  • (as of board presentation)

    December 14, 2020

  • N/A

  • US$ 1965.00 million

  • Federal Ministry of Finance

  • Western and Central Africa

  • 2021

  • US$ 750.00 million

  • N/A

  • Not Applicable

  • April 30, 2024

  • TBD

  • BANK APPROVED

  • P162009

  • July 12, 2022

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
National Government 1215.00
IDA Credit 750.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 750.00
IBRD + IDA Commitment 750.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 1965.00

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • States with total debt stock as a share of total revenue for the preceding 12 months being less than 100 percentValue5.0018.0016.00
    DateJune 27, 2018April 8, 2020December 30, 2022
    Comment
  • State Budget Transparency Survey score between 2018 and 2021 – improvement in aggregated score for States participating in the PforRValueMedian aggregate score for all : 28/100Average fNot measured yet. To be measured in 2021 through Improvement in average 2021 score compared to 2018
    DateJune 27, 2018August 14, 2020December 30, 2021
    Comment
  • States that increased internally generated revenue collection by more than 20 percent annually (in nominal terms)Value15.007.0022.00
    DateJune 27, 2018April 8, 2020December 30, 2022
    Comment
  • Average citizens access to procurement information in States publishing contract award data online in OCDS formatValueTo be measured for 2020 in procurement surveyTo be measured for 2020 in procurement surveyMore than 15 percent increase
    DateJune 27, 2018November 20, 2020December 30, 2022
    Comment
  • States with published approved credible COVID-19 responsive amended 2020 budgets which have realistic revenue projections and identified financing sources to fully finance the budget deficitValue0.0036.0030.00
    DateJuly 1, 2020August 14, 2020September 30, 2020
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • States preparing annual state budgets using the national Chart of Accounts (GFS compliant) and publishing online by end January of that FYValue13.0035.0030.00
    DateJune 27, 2018August 14, 2020December 30, 2022
    Comment
  • States with approved state-level public debt legislation, which stipulates: 1) responsibilities for contracting state debt; 2) responsibilities for recording/reporting state debt; and 3) fiscal and deValue6.0010.0015.00
    DateJune 27, 2018April 8, 2020December 30, 2022
    Comment
  • States that have completed biometric capture of at least 90 percent of current civil servants and pensioners and used the biometrics data to identify and remove ghost workers off the payrollValue10.0011.0020.00
    DateJune 27, 2018April 8, 2020December 30, 2022
    Comment
  • States with functional Treasury Single Account (TSA) system based on a formally approved cash management strategy, and covering a minimum of 80 percent of state government financesValue6.002.0025.00
    DateJune 27, 2018April 8, 2020December 30, 2022
    Comment
  • States preparing annual audited financial statements in accordance with IPSAS (cash or accrual) and publishing online by July of the following FYValue9.0031.0030.00
    DateJune 27, 2018August 14, 2020December 30, 2022
    Comment
  • States with quarterly debt reports accepted by the Debt Management Office (DMO) on average two months after the end of the quarterValue10.0019.0025.00
    DateJune 27, 2018April 8, 2020December 30, 2022
    Comment
  • States with approved and published consolidated and updated revenue code covering all local and state IGR sourcesValue0.002.0012.00
    DateJune 27, 2018April 8, 2020December 30, 2022
    Comment
  • States with approved and adequate Public Procurement Law and established regulatory agencyValue0.007.0012.00
    DateJune 27, 2018April 8, 2020December 30, 2022
    Comment
  • States with announced and implemented tax compliance relief program for individual taxpayers and businesses to mitigate impact of COVID-19Value0.000.0030.00
    DateJuly 31, 2020July 31, 2020September 30, 2020
    Comment
  • States publishing in-year quarterly budget implementation reports online within four weeks from quarter-endValue0.004.0025.00
    DateFebruary 25, 2019April 8, 2020December 30, 2022
    Comment
  • States that have implemented e-procurement in at least four MDAs, including health, education and public worksValue0.000.0015.00
    DateJune 27, 2018April 8, 2020December 30, 2022
    Comment
  • States with expenditure outturn deviation (from original approved budget) less than 15 percent (PEFA threshold)Value4.004.0012.00
    DateJune 27, 2018April 8, 2020December 30, 2022
    Comment
  • States with domestic arrears reported in a publicly available database with verification process in placeValue0.001.0015.00
    DateJune 27, 2018April 8, 2020December 30, 2022
    Comment
  • States that have strengthened the foundation for state property taxation by updating property records of at least 50% of all properties in urban areasValue2.002.0024.00
    DateSeptember 1, 2020August 14, 2020September 30, 2021
    Comment
  • Strengthened procurement function for COVID-19 and other emergency situations and facilitated participation of SMEs in public procurementValue0.000.0030.00
    DateSeptember 1, 2020August 14, 2020September 30, 2021
    Comment
  • Female participation in the budget consultation processValue20.0020.0040.00
    DateJune 27, 2018August 14, 2020December 30, 2022
    Comment
  • States with citizens’ budget, based on the States’ approved annual budget, published online by April of that FY and with functionalonline feedback mechanismsValue5.005.0020.00
    DateJune 27, 2018August 14, 2020December 30, 2022
    Comment
  • States that have published audited financial statements of all local governments in their state for FY18 and for FY19,FY20 including state-local government joint account allocation committee transfersValue0.000.0030.00
    DateSeptember 1, 2020August 14, 2020December 31, 2020
    Comment
  • States that have implemented operational and financial autonomy for the Offices of Auditors-General at the State and Local Government Levels in the StateValue10.0010.0030.00
    DateSeptember 1, 2020August 14, 2020June 30, 2021
    Comment
  • States that have published COVID-19 response and recovery expenditures and audit reportsValue0.000.0030.00
    DateSeptember 1, 2020August 14, 2020June 30, 2021
    Comment
  • Number of States using climate change budget tagging in State budgetsValue0.000.0018.00
    DateNovember 9, 2020November 9, 2020February 28, 2023
    Comment