The World Bank Implementation Status & Results Report Ogun State Economic Transformation Project (P164031) Ogun State Economic Transformation Project (P164031) WESTERN AND CENTRAL AFRICA | Nigeria | IBRD/IDA | Investment Project Financing (IPF) | FY 2020 | Seq No: 9 | Archived on 28-Jun-2024 | ISR01167 Implementing Agencies: Ogun State Government 1. OBJECTIVE 1.1 Development Objective Original Development Objective (Approved as part of Approval package on 17-Feb-2020) The Project Development Objective (PDO) is to increase the participation of the private sector in the economy of Ogun State with a focus on improving the business-enabling environment, strengthening agri-food value-chains and upgrading skills. Has the Development Objective been changed since Board Approval of the Project Objective? No 2. COMPONENTS Name Results based financing to improve the business-enabling environment and foster private sector participation in the agri- food and skills sectors:(Cost 200,000,000.00) Strengthening the capacity of the government to implement the State’s economic transformation agenda:(Cost 50,000,000.00) 3. OVERALL RATINGS Name Previous Current Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Unsatisfactory Moderately Satisfactory Overall Risk Rating Substantial Substantial 4. KEY ISSUES & STATUS Jun 28, 2024 Page 1 of 11 The World Bank Implementation Status & Results Report Ogun State Economic Transformation Project (P164031) 4.1 Implementation Status and Key Decisions The Project has been restructured to make it more aligned with State priorities and improve the value for money proposition of the Project. 5. SYSTEMATIC OPERATIONS RISK-RATING TOOL Rating at Approval Last Approved Rating Risk Category Approval Package - ISR Seq. 08 - 07 Jun Proposed Rating 18 Feb 2020 2024 Political and Governance Moderate Moderate Moderate Macroeconomic High Substantial Substantial Sector Strategies and Policies Substantial Moderate Moderate Technical Design of Project or Program Substantial Substantial Substantial Institutional Capacity for Implementation and Substantial Substantial Substantial Sustainability Fiduciary Substantial Moderate Moderate Environment and Social Substantial Substantial Substantial Stakeholders Moderate Moderate Moderate Other  Substantial Substantial Overall Substantial Substantial Substantial Jun 28, 2024 Page 2 of 11 The World Bank Implementation Status & Results Report Ogun State Economic Transformation Project (P164031) 6. RESULTS 6.1 PDO Indicators by PDO Outcomes Improved business-enabling environment Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year Number of investment deals 0.00 May/2019 9.00 14-Dec-2023 10.00 Jun/2025 successfully facilitated by the Investment Promotion Agency (IPA) (Number) Strengthened agri-food value chains Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year 0.00 May/2019 10,280.00 14-Dec-2023 40,000.00 Jun/2025 Farmers in production Comments on Off-taker agreements are facilitated by the value chain development firms (VCDFs). The clusters that have off-taker achieving targets agreements link farmers groups or production clusters to off-takers. In the agreement, off- arrangements with agribusinesses takers will commit to purchase a specified volume of agri-food products from farmers. The (disaggregated by gender and agreements will also indicate the minimum price off-takers are willing to pay, and farmers are youth) (Number) willing to accept, for any given agri-food product supported by the agreements. Upgraded skills Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year Beneficiaries of skills 0.00 May/2019 1,086.00 14-Dec-2023 10,000.00 Jun/2025 development programs that Comments on Graduates from supported Technical Colleges as well as graduates or completers from are hired or self-employed achieving targets community-based skills training programs supported through the Skills Fund that are in wage within 6 months after Jun 28, 2024 Page 3 of 11 The World Bank Implementation Status & Results Report Ogun State Economic Transformation Project (P164031) training (disaggregated by employment or self-employed six months after being awarded the completion/graduation gender and youth) certificate. (Number) 6.2 Intermediate Results Indicators by Components Results based financing to improve the business-enabling environment and foster private sector participation in the agri-food and skills sectors Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year Land areas approved by the 0.00 May/2019 3,000.00 20-Oct-2023 12,000.00 Jun/2025 Agricultural Land Allocation Comments on This will involve first the approval of key principles by the Ogun State Governor, then the Committee (ALAC) for agri- achieving targets development of a framework through a participatory process, the testing of the pilot, and a food sector investments, in social audit to confirm satisfactory implementation of the framework. The independent compliance with the FRILIA auditor will review lands applications approved by ALAC and determine their compliance (Hectare(Ha)) PBC with the FRILIA principles. Number of VCDFs 0.00 May/2019 8.00 14-Dec-2023 8.00 Jun/2025 competitively recruited by Comments on Contracts signed with VCDF selected through a competitive bidding process the project (Number) PBC achieving targets Volume of farm products 0.00 May/2019 65.00 14-Dec-2023 200,000.00 Jun/2025 purchased from cluster farmers (Metric tons/year) Feeder roads rehabilitated 0.00 May/2019 0.00 14-Dec-2023 150.00 Jun/2025 and area of land with access to improved irrigation (Kilometers) PBC Area of land with access to 0.00 May/2019 0.00 14-Dec-2023 5,000.00 Jun/2025 improved irrigation (Hectare(Ha)) Jun 28, 2024 Page 4 of 11 The World Bank Implementation Status & Results Report Ogun State Economic Transformation Project (P164031) Strengthening the capacity of the government to implement the State’s economic transformation agenda Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year 167.00 May/2019 167.00 14-Dec-2023 110.00 Jun/2025 Comments on Aggregate time required (number of days) to register a business, register property, and Days required to start a achieving targets obtain a construction permit in Ogun State. The indicator used to represent the total business, register property, number of days to start and operate a business in Ogun state will be represented by the and obtain a construction nmber of days indicated in the Nigeria Subnational Doing business Survey (or Field survey in permit (Days) PBC line with SNDB methodology for the years in which the SNDB is not conducted) to Register a business, Register Property, and obtain Construction Permits. Number of new CofOs issued 0.00 May/2019 5,000.00 14-Dec-2023 15,000.00 Jun/2025 (disaggregated by gender) (Number) PBC Number of service 0.00 May/2019 15.00 14-Dec-2023 40.00 Jun/2025 agreements signed between investors and Investment Promotion Agency (cumulative) (Number) (Number) PBC Completed tendering process No May/2019 No 14-Dec-2023 Yes Jun/2025 for a private Comments on Competitive selection process to select a private developer/operator of the industrial developer/operator of the achieving targets estate(s) completed but before documents are signed industrial estate(s) (Yes/No) Public schools participating in 0.00 May/2019 70.00 15-Dec-2023 70.00 15-Dec-2023 80.00 Jun/2025 STEM intensive teaching Comments on The percentage of public senior secondary schools in Ogun that have teachers participating program (Percentage) PBC achieving targets in the program Companies participating in 0.00 May/2019 0.00 14-Dec-2023 30.00 Jun/2025 dual apprenticeship programs (Number) PBC Jun 28, 2024 Page 5 of 11 The World Bank Implementation Status & Results Report Ogun State Economic Transformation Project (P164031) Beneficiaries of community- 0.00 May/2019 3,495.00 14-Dec-2023 16,000.00 Jun/2025 based skills development programs (Disaggregated by gender) (Number) PBC Informal mastercraftspersons 0.00 May/2019 0.00 14-Dec-2023 100.00 Jun/2025 supported to improve their capacities as trainers (Number) MDAs evaluated by Ogun 0.00 May/2019 0.00 14-Dec-2023 3.00 Jun/2025 Ministry of Budget and Comments on The number of MDAs that the M&E department completes evaluations of Planning M&E Department achieving targets (Number) 0.00 May/2019 0.00 15-Dec-2023 0.00 15-Dec-2023 80.00 Jun/2025 Beneficiary satisfaction rate with quality of services Comments on This indicator measures the percentage of beneficiaries who expressed satisfaction with the provided by the project achieving targets services provided in the project (Percentage) areas based on formal surveys. The sample size should be representative of the total number of beneficiaries. Percentage of grievances 0.00 May/2019 0.00 14-Dec-2023 80.00 Jun/2025 registered and addressed Comments on This indicator measures the utilization of complaints and grievances mechanisms put in related to the delivery of achieving targets place by the project. project (Percentage) 6.3 Performance Based Conditions (PBC) Actual (Previous) Actual (Current) PBC Name Baseline Closing Period Value Date Value Date Value 167.00 167.00 14-Dec-2023 167.00 20-Oct-2023 Jun 28, 2024 Page 6 of 11 The World Bank Implementation Status & Results Report Ogun State Economic Transformation Project (P164031) 1:Days required to start a business, register property, Allocated 0.00 0.00 and obtain a Amount construction permit (Days) PBC allocation 0.00 2:Number of new Value 0.00 5000.00 5000.00 CofOs issued Allocated 14-Dec-2023 20-Oct-2023 (disaggregated by 0.00 0.00 4,000,000.00 gender) (Number) Amount PBC allocation 18,000,000.00 3:Number of service Value 0.00 15.00 15.00 agreements signed between investors and Investment Allocated 14-Dec-2023 20-Oct-2023 Promotion Agency 0.00 0.00 4,000,000.00 Amount (cumulative) (Number) (Number) PBC allocation 18,000,000.00 4:Land areas Value 0.00 6000.00 3000.00 approved by the Agricultural Land Allocation Committee (ALAC) Allocated 14-Dec-2023 20-Oct-2023 for agri-food sector 0.00 0.00 Amount investments, in compliance with the FRILIA (Hectare(Ha)) PBC allocation 0.00 Jun 28, 2024 Page 7 of 11 The World Bank Implementation Status & Results Report Ogun State Economic Transformation Project (P164031) 5:Number of VCDFs Value 0.00 8.00 8.00 competitively Allocated 14-Dec-2023 20-Oct-2023 recruited by the 0.00 0.00 4,000,000.00 project (Number) Amount PBC allocation 22,000,000.00 6:Feeder roads Value 0.00 0.00 0.00 rehabilitated and area of land with Allocated 14-Dec-2023 20-Oct-2023 access to improved 0.00 0.00 5,000,000.00 irrigation Amount (Kilometers) PBC allocation 38,000,000.00 7:Public schools Value 0.00 70.00 70.00 participating in STEM intensive Allocated 14-Dec-2023 20-Oct-2023 teaching program 0.00 0.00 5,500,000.00 Amount (Percentage) PBC allocation 15,000,000.00 8:Companies Value 0.00 0.00 0.00 participating in dual Allocated 14-Dec-2023 20-Oct-2023 apprenticeship 0.00 0.00 programs (Number) Amount PBC allocation 0.00 9:Beneficiaries of Value 0.00 3495.00 3495.00 community-based skills development Allocated 14-Dec-2023 20-Oct-2023 programs 0.00 0.00 7,000,000.00 (Disaggregated by Amount gender) (Number) Jun 28, 2024 Page 8 of 11 The World Bank Implementation Status & Results Report Ogun State Economic Transformation Project (P164031) PBC allocation 20,000,000.00 Jun 28, 2024 Page 9 of 11 The World Bank Implementation Status & Results Report Ogun State Economic Transformation Project (P164031) 7. DATA ON FINANCIAL PERFORMANCE 7.1 Cumulative Disbursements 7.2 Disbursements (by loan) Loan/Credit/TF Status Original Revised Cancelled Disbursed Undisbursed % Disbursed IDA-65240 Effective 250.00 250.00 0.00 64.02 175.69 25.61% 7.3 Key Dates (by loan) Loan/Credit/TF Status Approval Signing Effectiveness Orig. Closing Rev. Closing IDA-65240 Effective 18-Feb-2020 18-Sept-2020 16-Mar-2021 30-Jun-2025 30-Jun-2025 8. KEY DATES Jun 28, 2024 Page 10 of 11 The World Bank Implementation Status & Results Report Ogun State Economic Transformation Project (P164031) Key Events Planned Actual Approval 18-Feb-2020 18-Feb-2020 Effectiveness 21-May-2018 21-May-2018 Mid-Term Review No. 01 17-Oct-2023 20-Oct-2023 Mid-Term Review No. 02 10-Dec-2023 10-Dec-2023 Operation Closing/Cancellation 30-Jun-2025 9. RESTRUCTURING HISTORY 10. ASSOCIATED OPERATION(S) There are no associated operations Jun 28, 2024 Page 11 of 11