Nigeria Lagos Second State Development Policy Credit

Abstract*

This Second Lagos State Development Policy Operation Program (SLSDPO) supports the implementation of a reform program in Lagos State through a new series of two programmatic operations. Lagos State contains the city of Lagos, a mega-city of an estimated 16-21 million inhabitants that has suffered for decades from large-scale poverty, rampant crime, environmental degradation, and insufficient public services. Over the last decade, however, Lagos State... Show More

Development Objective

The operation supports Lagos State for reforms in budgetary planning, budgetary exectution, and for improving the business climate in the areas of lands and building permits.

Key Details

Project Details

Project ID
P123352
Status
Closed
Team Leader
John Litwack
Borrower 2
N/A

Country
Nigeria
Disclosure Date
March 27, 2014
Approval Date
(as of board presentation)
March 27, 2014
Effective Date
August 1, 2014

Total Project Cost 1
US$ 200.00 million
Implementing Agency
Lagos State Government
Region
Western and Central Africa
Fiscal Year 3
2014

Commitment Amount
US$ 200.00 million
Environmental Category
N/A
Last Update Date
August 31, 2023
Closing Date
May 31, 2015

Last Stage Reached
BANK APPROVED

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Economic Policy

FY17 - Economic Growth and Planning5%
- FY17 - Migration, Remittances and Diaspora Engagement5%
FY17 - Fiscal Policy5%
- FY17 - Subnational Fiscal Policies5%

FY17 - Human Development and Gender

FY17 - Labor Market Policy and Programs5%
- FY17 - Labor Market Institutions5%

FY17 - Private Sector Development

FY17 - Jobs5%
- FY17 - Youth Employment5%

FY17 - Public Sector Management

FY17 - Public Administration35%
- FY17 - Transparency, Accountability and Good Governance35%
FY17 - Public Finance Management35%
- FY17 - Public Expenditure Management35%
FY17 - Rule of Law10%
- FY17 - Personal and Property Rights10%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	200.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	200.00
IBRD + IDA Commitment	200.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	200.00

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

No data available.

Detailed Financial Activity as of February 28, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Aug 15, 2017	IDA-54000	Int Charges	13,771.69
Aug 15, 2017	IDA-54000	Int Charges	688,199.06
Aug 15, 2017	IDA-54000	Int Charges	688,199.06
Aug 15, 2017	IDA-54000	Int Charges	1,113,943.50
Aug 15, 2016	IDA-54000	Int Charges	15,520.97
Aug 15, 2016	IDA-54000	Int Charges	682,433.75
Aug 15, 2016	IDA-54000	Int Charges	682,433.75
Aug 15, 2016	IDA-54000	Int Charges	1,137,389.50
Feb 15, 2017	IDA-54000	Int Charges	646,113.06
Feb 15, 2017	IDA-54000	Int Charges	646,113.06
Feb 15, 2017	IDA-54000	Int Charges	1,086,967.10
Feb 15, 2017	IDA-54000	Int Charges	13,992.90
Feb 15, 2017	IDA-54000	Int Charges	13,992.90
Feb 15, 2016	IDA-54000	Int Charges	991.05
Feb 15, 2016	IDA-54000	Int Charges	991.05
Feb 15, 2016	IDA-54000	Int Charges	686,454.94
Feb 15, 2016	IDA-54000	Int Charges	686,454.94
Feb 15, 2016	IDA-54000	Int Charges	1,130,108.20
Feb 15, 2015	IDA-54000	Int Charges	638,343.30
Feb 15, 2015	IDA-54000	Int Charges	1,063,905.50
Feb 15, 2015	IDA-54000	Int Charges	638,343.30
Aug 29, 2014	IDA-54000	Loan Disb	197,996,752.00
Aug 15, 2015	IDA-54000	Int Charges	1,143,966.60
Aug 15, 2015	IDA-54000	Int Charges	55,186.30
Aug 15, 2015	IDA-54000	Int Charges	55,186.30
Aug 15, 2015	IDA-54000	Int Charges	631,193.70
Aug 15, 2015	IDA-54000	Int Charges	631,193.70
Feb 15, 2020	IDA-54000	Loan Repay	2,911,377.80
Feb 15, 2020	IDA-54000	Int Charges	657,678.60
Feb 15, 2020	IDA-54000	Int Charges	657,678.60
Feb 15, 2020	IDA-54000	Int Charges	1,096,131.00
Feb 15, 2020	IDA-54000	Loan Repay	30,956.78
Aug 15, 2020	IDA-54000	Int Charges	666,585.50
Aug 15, 2020	IDA-54000	Int Charges	666,585.50
Aug 15, 2020	IDA-54000	Int Charges	1,007,472.70
Aug 15, 2020	IDA-54000	Loan Repay	56,937.12
Aug 15, 2020	IDA-54000	Loan Repay	2,976,130.20
Feb 15, 2021	IDA-54000	Int Charges	1,106,491.10
Feb 15, 2021	IDA-54000	Int Charges	105,784.43
Feb 15, 2021	IDA-54000	Loan Repay	3,099,917.80
Feb 15, 2021	IDA-54000	Int Charges	669,652.70
Feb 15, 2021	IDA-54000	Int Charges	669,652.70
Aug 15, 2019	IDA-54000	Int Charges	9,797.50
Aug 15, 2019	IDA-54000	Loan Repay	2,957,137.50
Aug 15, 2019	IDA-54000	Int Charges	1,120,127.90
Aug 15, 2019	IDA-54000	Int Charges	672,076.70
Aug 15, 2019	IDA-54000	Int Charges	672,076.70
Aug 15, 2018	IDA-54000	Int Charges	56,064.93
Aug 15, 2018	IDA-54000	Int Charges	676,472.80
Aug 15, 2018	IDA-54000	Int Charges	676,472.80
Aug 15, 2018	IDA-54000	Int Charges	1,127,454.60
Feb 15, 2019	IDA-54000	Int Charges	37,203.07
Feb 15, 2019	IDA-54000	Int Charges	37,203.07
Feb 15, 2019	IDA-54000	Int Charges	640,829.70
Feb 15, 2019	IDA-54000	Int Charges	640,829.70
Feb 15, 2019	IDA-54000	Int Charges	1,120,170.20
Feb 15, 2018	IDA-54000	Int Charges	713,250.50
Feb 15, 2018	IDA-54000	Int Charges	713,250.50
Feb 15, 2018	IDA-54000	Int Charges	1,129,637.80
Feb 15, 2018	IDA-54000	Int Charges	34,258.08
Aug 19, 2024	IDA-54000	Int Charges	836,274.75
Aug 19, 2024	IDA-54000	Loan Repay	2,827,119.80
Aug 19, 2024	IDA-54000	Int Charges	547,656.56
Aug 19, 2024	IDA-54000	Int Charges	547,656.56
Aug 15, 2024	IDA-54000	Loan Repay	58,617.35
Feb 15, 2024	IDA-54000	Loan Repay	7,523.34
Feb 15, 2024	IDA-54000	Loan Repay	2,838,656.20
Feb 15, 2024	IDA-54000	Int Charges	550,800.44
Feb 15, 2024	IDA-54000	Int Charges	550,800.44
Feb 15, 2024	IDA-54000	Int Charges	918,000.70
Mar 27, 2014	IDA-54000	Loan Commitment	200,000,000.00
Feb 15, 2023	IDA-54000	Loan Repay	38,139.40
Feb 15, 2023	IDA-54000	Loan Repay	2,839,367.50
Feb 15, 2023	IDA-54000	Int Charges	578,444.25
Feb 15, 2023	IDA-54000	Int Charges	578,444.25
Feb 15, 2023	IDA-54000	Int Charges	942,360.00
Aug 15, 2023	IDA-54000	Int Charges	21,632.11
Aug 15, 2023	IDA-54000	Loan Repay	2,866,684.20
Aug 15, 2023	IDA-54000	Int Charges	565,518.60
Aug 15, 2023	IDA-54000	Int Charges	565,518.60
Aug 15, 2023	IDA-54000	Int Charges	942,531.06
Aug 15, 2021	IDA-54000	Int Charges	9,460.71
Aug 15, 2021	IDA-54000	Loan Repay	3,056,025.00
Aug 15, 2021	IDA-54000	Int Charges	648,710.75
Aug 15, 2021	IDA-54000	Int Charges	648,710.75
Aug 15, 2021	IDA-54000	Int Charges	1,081,184.60
Feb 15, 2022	IDA-54000	Int Charges	1,033,099.10
Feb 15, 2022	IDA-54000	Loan Repay	2,950,507.20
Feb 15, 2022	IDA-54000	Int Charges	628,497.40
Feb 15, 2022	IDA-54000	Int Charges	628,497.40
Feb 15, 2022	IDA-54000	Loan Repay	63,540.02
Aug 15, 2022	IDA-54000	Loan Repay	2,840,951.00
Aug 15, 2022	IDA-54000	Int Charges	581,749.30
Aug 15, 2022	IDA-54000	Int Charges	581,749.30
Aug 15, 2022	IDA-54000	Int Charges	969,582.20
Aug 15, 2022	IDA-54000	Int Charges	13,569.69

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Program Management	Satisfactory	2014-11-18
Monitoring and Evaluation	Moderately Satisfactory	2014-11-18
Progress towards achievement of PDO	Satisfactory	2014-11-18
Overall Implementation Progress (IP)	Moderately Satisfactory	2014-11-18

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-29-2018
Outcomes	Moderately Unsatisfactory
Risk to Development Outcome	Modest
Bank Performance	Moderately Satisfactory
Borrower Performance	Moderately Satisfactory
Government Performance	Moderately Satisfactory
Implementing Agency	Moderately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 12-30-2019	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Satisfactory	N/a
Risk To Development Outcome	Substantial	N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance	Moderately Satisfactory	N/a
Government Performance	Moderately Unsatisfactory	N/a
Implementing Agency	Moderately Satisfactory	N/a
Icr Quality	Substantial	N/a
M&e Quality	Substantial	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Fiscal deficit to GDP	Value	0.60	1.20	3.00
	Date	December 31, 2009	December 31, 2013	December 31, 2015
	Comment		The expected deficit in 2014 as of October is also close to 1.2%	The 3% target is an upper bound. The deficit needs to be lower than this.

Wage bill (including pensions) to budgetary expenditure ratio Value 18.00 20.00 0.00
Date December 31, 2009 October 8, 2014
Comment

Revenue from land use charge collection	Value	3.00	7.10	8.00
	Date	December 31, 2009	December 31, 2013	December 31, 2015
	Comment	Billion Naira	For the first three quarters of 2014, collection is at 6.6 billion Naira. They should reach about 7.5-8 billion for the year.

IGR as a share of approved budget collection target Value 73.00 80.00 80.00
Date December 31, 2009 October 15, 2014 December 31, 2015
Comment This is a measure of greater budget realism for IGR collection.
Capital Budget Execution Rate Value 70.00 78.00 75.00
Date December 31, 2009 October 8, 2014 December 31, 2015
Comment Percentage of budgeted capital expenditures executed during the year

Share of Budgetary Expenditure Devoted to Education	Value	13.00	15.00	13.00
	Date	December 31, 2009	October 8, 2014	December 31, 2015
	Comment			The 13% target is a minimum. The share of expenditures devoted to education is to be greater than 13.

Contracts Greater than N100 Milllion Using Standard Bidding Documents	Value	0.00	100.00	100.00
	Date	December 31, 2009	October 8, 2014	December 31, 2015
	Comment		Standard bidding documents implemented for all MDAs as of January, 2014

Percentage of MDA procurement specialists trained and certified Value 0.00 8.00 20.00
Date December 31, 2009 October 8, 2014 December 31, 2015
Comment Estimate subject to confirmation
Number of Organizations Audited by Auditor General's Office Value 54.00 96.00 110.00
Date December 31, 2009 December 31, 2013 December 31, 2015
Comment Estimate still subject to confirmation
Coverage of budget by Auditor General's Office Value 60.00 67.00 69.00
Date December 31, 2009 December 31, 2013 December 31, 2015
Comment % of budgeted resources subject to external audit

Number of MDAs Having Uploaded Needed Information into GIS System	Value	0.00	0.00	2.00
	Date	December 31, 2009	October 8, 2014	December 31, 2015
	Comment			Uploading this information is a key step to the creation of an interactive Land Information System in Lagos State

GIS Mapping Created With Orthophotos Value No Yes Yes
Date December 31, 2009 December 31, 2013 December 31, 2015
Comment
Payroll Expenditures Automatically Defaulting to Respective Accounts Value No No Yes
Date December 31, 2009 December 31, 2013 December 31, 2015
Comment
Total Number of e-CofOs issued Value 0.00 2500.00 3600.00
Date December 31, 2009 October 8, 2014 December 31, 2015
Comment
Cost of Registering Land as a Percentage of Property Value Value 21.00 21.00 14.00
Date December 31, 2009 October 8, 2014 December 31, 2015
Comment
Number of e-approvals for Development Permits Issued in Lagos State Value 0.00 0.00 100.00
Date December 31, 2009 December 31, 2013 December 31, 2015
Comment

Debt Service to Revenue	Value	21.00	27.00	30.00
	Date	December 31, 2009	December 31, 2013	December 31, 2015
	Comment			Lagos State official number plus interest paid on bonds from sinking funds This target is an upper bound. Debt service inrevenueshould be less than 30%

Information on Contract Awards is Readily Available in the Public Domain Value No Yes
Date
Comment Published on Internet and hard copy
Oracle Generated Budget Execution Reports Including Commitments and Obligations Value No No Yes
Date October 31, 2013 October 15, 2014 October 31, 2015
Comment

Percentage of Contracts Subject ot Post-Procurement Review	Value	0.00	0.00	5.00
	Date	December 31, 2009	December 31, 2013	December 31, 2015
	Comment			This is a target percentage of contracts under the threshold of N100 million. All large contracts are reviewed.

Cash Flow Forecasts Prepared on a Quarterly Basis Value No No Yes
Date December 31, 2009 December 31, 2013 December 31, 2015
Comment

Wage bill (including pensions) to budgetary expenditure ratio	Value	18.00	20.00	0.00
	Date	December 31, 2009	October 8, 2014
	Comment

IGR as a share of approved budget collection target	Value	73.00	80.00	80.00
	Date	December 31, 2009	October 15, 2014	December 31, 2015
	Comment			This is a measure of greater budget realism for IGR collection.

Capital Budget Execution Rate	Value	70.00	78.00	75.00
	Date	December 31, 2009	October 8, 2014	December 31, 2015
	Comment			Percentage of budgeted capital expenditures executed during the year

Number of Organizations Audited by Auditor General's Office	Value	54.00	96.00	110.00
	Date	December 31, 2009	December 31, 2013	December 31, 2015
	Comment		Estimate still subject to confirmation

Coverage of budget by Auditor General's Office	Value	60.00	67.00	69.00
	Date	December 31, 2009	December 31, 2013	December 31, 2015
	Comment			% of budgeted resources subject to external audit

GIS Mapping Created With Orthophotos	Value	No	Yes	Yes
	Date	December 31, 2009	December 31, 2013	December 31, 2015
	Comment

Total Number of e-CofOs issued	Value	0.00	2500.00	3600.00
	Date	December 31, 2009	October 8, 2014	December 31, 2015
	Comment

Information on Contract Awards is Readily Available in the Public Domain	Value	No	Yes
	Date
	Comment		Published on Internet and hard copy