Page 1 Document of The World Bank Report No: RESTRUCTURING PAPER ON A PROPOSED PROJECT RESTRUCTURING OF {DECEMBER 20, 2010} TO THE {FEDERAL REPUBLIC OF NIGERIA} {December 8, 2010} 58639 v. 1 Page 2 2 Regional Vice President: Obiageli Katryn Ezekwesili Country Director: Onno Ruhl Sector Manager / Director: Karen Mcconnell Brooks Task Team Leader: Lucas Kolawole Akapa Page 3 3 Extension of Closing Date NIGERIA — AVIAN INFLUENZA CONTROL AND HUMAN PANDEMIC PREPAREDNESS AND RESPONSE PROJECT FOR NIGERIA P100122 {LOAN/CREDIT 4160} Restructuring Paper 1. The closing date for Nigeria, Avian Influenza Control and Human Pandemic Preparedness and Response Project for Nigeria, [Credit 4160], P100122 will be extended from December 30, 2010 to May 31, 2011. 2. The project implementation has been satisfactory and it is expected that the project objectives will be achieved by the end of the project. Most targets set for the project have been met. 3. The proposed extension is necessary to allow the following agreed activities to be completed: (i) Completion of the upgrading of the National Veterinary Research Institute (NVRI) laboratory, Vom (a reference for Central and West Africa) to a Biosafety Laboratory Level 3 (BSL3); (ii) Completion of five Veterinary Teaching Hospitals Laboratories to Biosafety Laboratory Level 2 (BSL2) status; and (iii) Completion of the development of seventeen model and biosecured Live Bird Markets (LBMs) in sixteen states for the purpose of institutionalizing biosecurity in the poultry markets across Nigeria. 4. This will be the second extension of the project. The Project was approved by the Board of Executive Directors on March 29, 2006 for an amount of SDR 34,900,000 (US$ 50 million equivalent), and the related Agreement was signed on April 5, 2006 and became effective on June 22, 2006. The Borrower has requested an extension of the project to May 31, 2011 in order to complete the implementation of ongoing activities and allow for achievement of developmental objectives. A copy of the Borrower’s request is attached. Pursuant to OP/BP 13.30 and OP/BP 8.0, your endorsement of the extension of Closing Date is required. 5. The team confirms that the requirements of OP/BP 13.30 relating to the extension of closing dates have been met. The project objectives continue to be achievable and the performance of the borrower and other project implementing agencies is satisfactory. The borrower has prepared a procurement plan to complete the project that is acceptable to the Bank. As of December 8, 2010, out of the credit amount of SDR 34.9 Million (US$ 50 million equivalent), SDR 30.61 million were disbursed (87.7%) and SDR 4.29 million remain undisbursed. Page 4 4 6. There are no outstanding audits.