| Financier | Commitments |
|---|---|
| IDA Credit | 750.00 |
States Fiscal Transparency, Accountability and Sustainability PforR
Abstract*
The development objective of the States Fiscal Transparency, Accountability, and Sustainability - Program-for-Results (PforR) Project for Nigeria is to strengthen the fiscal transparency, accountability, and sustainability in the participating states. The program is a hybrid with two components of activities that support Nigerian states to achieve the key result areas of the program: (1) a performance-based financing component for state governments... Show More
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
P162009
Closed
Deborah Isser , Samer Matta
Federal Republic of Nigeria
September 25, 2017
(as of board presentation)
June 27, 2018
May 3, 2019
US$ 750.00 million
Federal Ministry of Finance
2018
US$ 750.00 million
C
April 25, 2024
April 30, 2024
No
BANK APPROVED
Finances
Financing Plan (US$ Millions)
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** | 750.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jan 1, 2022 | IDA-62960 | Int Charges | 2,562,295.80 |
| Jan 1, 2022 | IDA-62960 | Int Charges | 4,367,818.00 |
| Jul 13, 2022 | IDA-62960 | Int Charges | 2,425,030.50 |
| Jul 13, 2022 | IDA-62960 | Int Charges | 2,425,030.50 |
| Jul 13, 2022 | IDA-62960 | Int Charges | 4,119,637.20 |
| Apr 29, 2022 | IDA-62960 | Loan Disb | 700,036.90 |
| Dec 14, 2021 | IDA-68100 | Loan Disb | 188,237,152.00 |
| Nov 29, 2021 | IDA-62960 | Loan Disb | 4,840,540.00 |
| Jun 15, 2022 | IDA-68100 | Int Charges | 3,734.14 |
| Jun 15, 2022 | IDA-68100 | Int Charges | 3,734.14 |
| Jun 15, 2022 | IDA-68100 | Int Charges | 6,223.58 |
| Jun 15, 2022 | IDA-68100 | Int Charges | 672,968.90 |
| Jun 15, 2022 | IDA-68100 | Int Charges | 672,968.90 |
| Jun 15, 2022 | IDA-68100 | Int Charges | 1,121,614.80 |
| Jun 14, 2022 | IDA-68100 | Loan Disb | 27,897,040.00 |
| Jun 14, 2022 | IDA-68100 | Loan Disb | 11,511,910.00 |
| Jun 23, 2021 | IDA-62960 | Loan Disb | 4,611,862.00 |
| Apr 9, 2021 | IDA-62960 | Loan Disb | 300,000.00 |
| Jul 1, 2021 | IDA-62960 | Int Charges | 2,553,074.50 |
| Jul 1, 2021 | IDA-62960 | Int Charges | 4,255,124.50 |
| Jul 1, 2021 | IDA-62960 | Int Charges | 329,794.90 |
| Jul 1, 2021 | IDA-62960 | Int Charges | 2,553,074.50 |
| Mar 26, 2021 | IDA-62960 | Loan Disb | 142,010.00 |
| Dec 15, 2020 | IDA-62960 | Loan Disb | 85,984,016.00 |
| Dec 15, 2020 | IDA-62960 | Loan Disb | 72,991,144.00 |
| Dec 15, 2020 | IDA-62960 | Loan Disb | 169,380,384.00 |
| Jan 1, 2021 | IDA-62960 | Int Charges | 3,633.50 |
| Jan 1, 2021 | IDA-62960 | Int Charges | 886,307.75 |
| Jan 1, 2021 | IDA-62960 | Int Charges | 886,307.75 |
| Jan 1, 2021 | IDA-62960 | Int Charges | 1,143,600.20 |
| Mar 5, 2021 | IDA-62960 | Loan Disb | 67,176,424.00 |
| Apr 8, 2021 | IDA-62960 | Loan Disb | 703,575.00 |
| Jul 27, 2021 | IDA-62960 | Loan Disb | 500,000.00 |
| Apr 10, 2020 | IDA-62960 | Loan Disb | 120,630,976.00 |
| Jan 23, 2020 | IDA-62960 | Loan Disb | 51,999.99 |
| Oct 19, 2020 | IDA-62960 | Loan Disb | 176,405,600.00 |
| Jul 1, 2020 | IDA-62960 | Int Charges | 44.78 |
| Jul 1, 2020 | IDA-62960 | Int Charges | 230,279.61 |
| Jul 1, 2020 | IDA-62960 | Int Charges | 230,279.61 |
| Jul 1, 2020 | IDA-62960 | Int Charges | 380,325.34 |
| Sep 8, 2020 | IDA-62960 | Loan Disb | 500,000.00 |
| Mar 8, 2021 | IDA-62960 | Loan Disb | 200,000.00 |
| Aug 12, 2020 | IDA-62960 | Loan Disb | 750,000.00 |
| Jan 1, 2020 | IDA-62960 | Int Charges | 8,297.44 |
| Jan 1, 2020 | IDA-62960 | Int Charges | 8,297.44 |
| Jan 1, 2020 | IDA-62960 | Int Charges | 13,784.08 |
| Oct 30, 2019 | IDA-62960 | Loan Disb | 6,500,000.00 |
| Jun 27, 2018 | IDA-62960 | Loan Commitment | 750,000,000.00 |
| Dec 14, 2020 | IDA-68100 | Loan Commitment | 750,000,000.00 |
| Jun 15, 2024 | IDA-68100 | Int Charges | 0.01 |
| Jul 10, 2024 | IDA-62960 | Int Charges | 6,736.40 |
| Jul 10, 2024 | IDA-62960 | Int Charges | 6,736.40 |
| Jul 10, 2024 | IDA-62960 | Int Charges | 11,227.33 |
| Jul 10, 2024 | IDA-62960 | Int Charges | 288,553.38 |
| Jun 21, 2024 | IDA-68100 | Int Charges | 2,619,873.50 |
| Jun 21, 2024 | IDA-68100 | Int Charges | 2,619,873.50 |
| Jun 21, 2024 | IDA-68100 | Int Charges | 4,366,456.00 |
| Jun 21, 2024 | IDA-68100 | Int Charges | 162,205.60 |
| Jul 10, 2024 | IDA-62960 | Loan Repay | 11,362,772.00 |
| Jul 10, 2024 | IDA-62960 | Int Charges | 2,497,222.20 |
| Jul 10, 2024 | IDA-62960 | Int Charges | 2,497,222.20 |
| Jul 10, 2024 | IDA-62960 | Int Charges | 4,085,406.00 |
| Jan 30, 2024 | IDA-62960 | Loan Repay | 11,233,081.00 |
| Jan 30, 2024 | IDA-62960 | Int Charges | 953.96 |
| Jan 30, 2024 | IDA-62960 | Int Charges | 953.96 |
| Jan 30, 2024 | IDA-62960 | Int Charges | 1,589.95 |
| Jan 30, 2024 | IDA-62960 | Int Charges | 2,558,781.20 |
| Jan 30, 2024 | IDA-62960 | Int Charges | 2,558,781.20 |
| Jan 30, 2024 | IDA-62960 | Int Charges | 3,973,929.20 |
| Aug 1, 2024 | IDA-62960 | Loan Disb | -7,612.14 |
| Jan 1, 2024 | IDA-62960 | Loan Repay | 216,391.89 |
| Nov 27, 2023 | IDA-68100 | Loan Disb | 1,784,148.90 |
| Aug 2, 2024 | IDA-62960 | Loan Disb | -4,948.12 |
| Jul 5, 2023 | IDA-62960 | Int Charges | 232,467.66 |
| Dec 15, 2023 | IDA-68100 | Int Charges | 4,276,778.00 |
| Dec 15, 2023 | IDA-68100 | Int Charges | 107,167.17 |
| Dec 15, 2023 | IDA-68100 | Int Charges | 107,167.17 |
| Dec 15, 2023 | IDA-68100 | Int Charges | 2,558,135.50 |
| Dec 15, 2023 | IDA-68100 | Int Charges | 2,558,135.50 |
| Jun 15, 2023 | IDA-68100 | Int Charges | 4,353,780.00 |
| Jun 15, 2023 | IDA-68100 | Int Charges | 199,710.22 |
| Jun 15, 2023 | IDA-68100 | Int Charges | 2,612,268.00 |
| Jun 15, 2023 | IDA-68100 | Int Charges | 2,612,268.00 |
| Jul 5, 2023 | IDA-62960 | Int Charges | 2,605,797.50 |
| Jul 5, 2023 | IDA-62960 | Int Charges | 2,605,797.50 |
| Jul 5, 2023 | IDA-62960 | Int Charges | 4,342,996.00 |
| Jul 5, 2023 | IDA-62960 | Loan Repay | 11,465,532.00 |
| Jan 13, 2023 | IDA-68100 | Loan Disb | 2,621,243.00 |
| Jan 1, 2023 | IDA-62960 | Int Charges | 161,738.27 |
| Jan 1, 2023 | IDA-62960 | Int Charges | 161,738.27 |
| Nov 4, 2022 | IDA-62960 | Loan Disb | 450,419.00 |
| Dec 15, 2022 | IDA-68100 | Int Charges | 1,785,278.20 |
| Dec 15, 2022 | IDA-68100 | Int Charges | 1,785,278.20 |
| Dec 15, 2022 | IDA-68100 | Int Charges | 2,850,664.00 |
| Dec 15, 2022 | IDA-68100 | Int Charges | 44,603.32 |
| Dec 15, 2022 | IDA-68100 | Int Charges | 44,603.32 |
| Dec 28, 2022 | IDA-62960 | Loan Disb | 17,477,922.00 |
| Oct 21, 2022 | IDA-62960 | Loan Disb | 6,834,285.50 |
| Jan 9, 2023 | IDA-68100 | Loan Disb | 18,726,830.00 |
| Jan 1, 2023 | IDA-62960 | Int Charges | 2,359,351.20 |
| Jan 1, 2023 | IDA-62960 | Int Charges | 2,359,351.20 |
| Jan 1, 2023 | IDA-62960 | Int Charges | 3,969,587.00 |
| Dec 23, 2022 | IDA-68100 | Loan Disb | 31,538,902.00 |
| Dec 23, 2022 | IDA-68100 | Loan Disb | 143,604,864.00 |
| Jul 1, 2022 | IDA-62960 | Int Charges | 47,390.19 |
| Jul 1, 2022 | IDA-62960 | Int Charges | 47,390.19 |
| Jun 28, 2022 | IDA-68100 | Loan Disb | 7,115,302.50 |
| Jun 28, 2022 | IDA-68100 | Loan Disb | 284,467,904.00 |
| Jan 1, 2022 | IDA-62960 | Int Charges | 58,394.98 |
| Jan 1, 2022 | IDA-62960 | Int Charges | 58,394.98 |
| Jan 1, 2022 | IDA-62960 | Int Charges | 2,562,295.80 |
Ratings
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
States with total debt stock as a share of total revenue for the preceding 12 months being less than 100 percent Value 5.00 6.00 0.00 Date June 27, 2018 December 30, 2022 Comment State Budget Transparency Survey score between 2018 and 2021 – improvement in aggregated score for States participating in the PforR Value Median aggregate score for all : 28/100Average f draft 2022 State Budget Transparency Survey -- ave Date June 27, 2018 April 3, 2023 Comment States that increased internally generated revenue collection by more than 20 percent annually (in nominal terms) Value 15.00 27.00 0.00 Date June 27, 2018 December 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 deficit Value 0.00 36.00 0.00 Date July 1, 2020 August 14, 2020 Comment States that have completed biometrics or a Bank Verification Number (BVN) data to capture at least 90 percent of current civil servants and pensioners and used the biometrics or BVN data Value 0.00 33.00 0.00 Date December 31, 2018 December 30, 2022 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
States preparing annual state budgets using the national Chart of Accounts (GFS compliant) and publishing online by end January of that FY Value 13.00 36.00 0.00 Date June 27, 2018 December 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 finances Value 6.00 17.00 0.00 Date June 27, 2018 December 31, 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 payroll Value 10.00 33.00 0.00 Date June 27, 2018 December 30, 2022 Comment States with approved state-level public debt legislation, which stipulates: 1) responsibilities for contracting state debt; 2) for recording/reporting state debt; and 3) fiscal and debt Value 6.00 35.00 0.00 Date June 27, 2018 December 31, 2022 Comment States preparing annual audited financial statements in accordance with IPSAS (cash or accrual) and publishing online by July of the following FY Value 9.00 36.00 0.00 Date June 27, 2018 December 30, 2022 Comment States with approved and published consolidated and updated revenue code covering all local and state IGR sources Value 0.00 29.00 0.00 Date June 27, 2018 December 31, 2022 Comment States with quarterly debt reports accepted by the Debt Management Office (DMO) on average two months after the end of the quarter Value 10.00 33.00 0.00 Date June 27, 2018 December 31, 2022 Comment States publishing in-year quarterly budget implementation reports online within four weeks from quarter-end Value 0.00 30.00 0.00 Date February 25, 2019 December 31, 2022 Comment States with announced and implemented tax compliance relief program for individual taxpayers and businesses to mitigate impact of COVID-19 Value 0.00 35.00 0.00 Date July 31, 2020 December 11, 2020 Comment States with approved and adequate Public Procurement Law and established regulatory agency Value 0.00 33.00 0.00 Date June 27, 2018 December 31, 2022 Comment States with expenditure outturn deviation (from original approved budget) less than 15 percent (PEFA threshold) Value 4.00 15.00 0.00 Date June 27, 2018 December 31, 2022 Comment States that have implemented e-procurement in at least four MDAs, including health, education and public works Value 0.00 18.00 0.00 Date June 27, 2018 December 31, 2022 Comment States with domestic arrears reported in a publicly available database with verification process in place Value 0.00 17.00 0.00 Date June 27, 2018 December 31, 2022 Comment Female participation in the budget consultation process Value 20.00 20.00 0.00 Date June 27, 2018 September 1, 2021 Comment States that have strengthened the foundation for state property taxation by updating property records of at least 50% of all properties in urban areas Value 2.00 32.00 0.00 Date August 28, 2020 December 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 mechanisms Value 5.00 28.00 0.00 Date June 27, 2018 December 31, 2022 Comment Strengthened procurement function for COVID-19 and other emergency situations and facilitated participation of SMEs in public procurement Value 0.00 28.00 0.00 Date September 1, 2020 December 11, 2020 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 transfers Value 0.00 32.00 0.00 Date September 1, 2020 December 30, 2021 Comment States that have implemented operational and financial autonomy for the Offices of Auditors-General at the State and Local Government Levels in the State Value 10.00 24.00 0.00 Date July 31, 2020 December 30, 2022 Comment States that have published COVID-19 response and recovery expenditures and audit reports Value 0.00 15.00 0.00 Date September 1, 2020 December 31, 2022 Comment Number of States using climate change budget tagging in State budgets Value 0.00 0.00 0.00 Date November 9, 2020 December 30, 2022 Comment