The World Bank Implementation Status & Results Report Fiscal Governance and Institutions Project (P163540) Fiscal Governance and Institutions Project (P163540) AFRICA WEST | Nigeria | Governance Global Practice | IBRD/IDA | Investment Project Financing | FY 2018 | Seq No: 4 | ARCHIVED on 05-Aug-2020 | ISR42648 | Implementing Agencies: Federal Ministry of Finance, Federal Republic of Nigeria Key Dates Key Project Dates Bank Approval Date: 27-Jun-2018 Effectiveness Date: 07-May-2019 Planned Mid Term Review Date: 25-Jan-2021 Actual Mid-Term Review Date: Original Closing Date: 31-Dec-2022 Revised Closing Date: 31-Dec-2022 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) To improve the credibility of public finance and national statistics. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Strengthening Revenue Management:(Cost $34.00 M) Strengthening Controls, Transparency and Accountability in the Use of Public Funds:(Cost $58.50 M) Strengthening Economic and Fiscal Statistics:(Cost $27.50 M) Implementation Support:(Cost $5.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating High Substantial Implementation Status and Key Decisions The Nigeria Fiscal Governance and Institutions Project (FGIP) was approved by the World Bank Board of Executive Directors on June 27, 2018. The financing agreement was signed on February 12, 2019, and effectiveness achieved May 7, 2019. All implementing agencies have project implementing units, approved work plan, and budgets in place. In spite of the initial delays in implementation, the project is on course to achieve its objectives. .The main highlights of the status of implementation across project components are as follows: (1.1) Strengthening revenue audit with Office of the Auditor General of the Federation (OAuGF) - Significant progress has been made on the achievement of the first set of Development Linked Results (DLR) related to revenue assurance audit and information technology audit. (1.2) Strengthening revenue analysis and forecasting - This sub-component is jointly implemented by the Budget Office of the Federation (BOF) and Technical Services Department (TSD). The teams in both offices have held discussions and agreed on parameters for collaboration including a clear division of labor and associated funds for this sub-component. 8/5/2020 Page 1 of 8 The World Bank Implementation Status & Results Report Fiscal Governance and Institutions Project (P163540) (2.1) Operationalization of GIFMIS for budget management and reporting - Roll-out of commitment module has commenced to 806 MDAs, constituting 93.76% of the national budget. For cash management, the plans for pilot and scale up are under review by the Honorable Minister for Ministry of Finance Budget and National Planning (HMFBNP), which includes the setup of a technical committee and a list of 273 Ministries, Departments, Agencies (MDAs) for the first year. (2.2) Strengthening public investment management (PIM) - BOF has been working on the TORs for the activities under TA. These need to be completed and uploaded in STEP. Based on work assignments for the staff in the BOF, the need to engage a consultant to support the PIU activities was identified and will be included in the work plan. (2.3) Improving transparency and efficiency in procurement and quality of budget information - On the procurement of an e-procurement system, Bureau of Public Procurement (BPP) has prepared the evaluation of bids and is currently addressing comments from the Bank. (3) Strengthening economic and fiscal statistics – Nigeria Bureau of Statistics (NBS) made significant progress on the DLI # 1, implementation of the Business Sample Census. The Bureau would also start to carry out technical planning meetings and discussions for the conduct of the National Agricultural Sample Census (NASC) so implementation can be initiated in the fourth quarter of 2020, rather than the first quarter of 2021. The PIU is expected to submit an annual report on their efforts to publish reconciled fiscal and economic statistics, focusing on oil and gas and trade statistics. The PIU has been holding bi-weekly Ministerial Committee meetings to validate and harmonize data generated by MDAs in the oil and gas sectors as well as trade statistics. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance High High Substantial Macroeconomic High High High Sector Strategies and Policies Substantial Substantial Moderate Technical Design of Project or Program Substantial Substantial Substantial Institutional Capacity for Implementation and High High Substantial Sustainability Fiduciary High High Substantial Environment and Social Low Low Low Stakeholders High High Substantial Other -- -- -- Overall High High Substantial Results PDO Indicators by Objectives / Outcomes Strengthened oversight of the revenue of the Federation IN00867446 ►Non-oil revenue outturn (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target 8/5/2020 Page 2 of 8 The World Bank Implementation Status & Results Report Fiscal Governance and Institutions Project (P163540) Value 70.00 70.00 70.00 85.00 Date 04-May-2018 13-Sep-2019 07-May-2020 31-Dec-2022 Improved execution of the federal expenditure IN00867447 ►Capital expenditure execution rate (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 43.00 43.00 43.00 65.00 Date 04-May-2018 13-Sep-2019 07-May-2020 31-Dec-2022 Enhanced quality of fiscal and economic statistics IN00867448 ►Publication of reconcilied fiscal and economic datasets (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 8.00 Date 04-May-2018 13-Sep-2019 07-May-2020 31-Dec-2022 Overall Comments PDO Due to the delays in commencement of project activities and the advent of the Covid-19 pandemic which further slowed down the pace of implementation, significant progress towards the achievement of PDOs is yet to be recorded. Intermediate Results Indicators by Components Strengthening Domestic Revenue Management IN00867451 ►Regular internal and external audit reports completed (Text, Custom, PBC) Baseline Actual (Previous) Actual (Current) End Target No external revenue No external revenue No external revenue Regular external and Value audits; occasional audits; occasional audits; occasional internal revenue audits internal audits internal audits internal audits completed Date 04-May-2018 13-Sep-2019 07-May-2020 31-Dec-2022 IN00867454 ►Revenue analyses institutionalized at FMoF (Text, Custom, PBC) Baseline Actual (Previous) Actual (Current) End Target 8/5/2020 Page 3 of 8 The World Bank Implementation Status & Results Report Fiscal Governance and Institutions Project (P163540) Eight improved oil and Occasional and Occasional and Occasional and non-oil revenue inadequate revenue inadequate revenue inadequate revenue Value analyses; tax law analysis; weak revenue analysis; weak revenue analysis; weak review; strengthened models models revenue models revenue modelling Date 04-May-2018 13-Sep-2019 07-May-2020 31-Dec-2022 Strengthening Controls, Transparency and Accountability in the Use of Public Funds IN00867449 ►Enhanced functionality of the financial management information systems (Text, Custom, PBC) Baseline Actual (Previous) Actual (Current) End Target Mainstreaming of GIFMIS payment GIFMIS payment commitment controls, GIFMIS payment controls controls and cash controls and cash payroll controls and Value and cash management management modules management modules cash management modules not operational not operational not operational GIFMIS module (to 90 percent of expenditure) Date 04-May-2018 13-Sep-2019 07-May-2020 31-Dec-2022 IN00867452 ►Spending reviews incorporating citizens feedback are publicly disclosed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 3.00 Date 04-May-2018 13-Sep-2019 07-May-2020 31-Dec-2022 IN00867455 ►Enhanced public participation in the budget cycle (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 13.00 13.00 13.00 20.00 Date 04-May-2018 13-Sep-2019 07-May-2020 31-Dec-2022 IN00867456 ►Compliance with capital investment prioritization process by main spending ministries (Text, Custom, PBC) Baseline Actual (Previous) Actual (Current) End Target Compliance rate with PIM guideline as an PIM guideline as an PIM guideline as an budget circular in three Value annex to the budget annex to the budget annex to the budget ministries with large- circular is not in place circular is not in place circular is not in place scale capital budgets (50%) Date 04-May-2018 13-Sep-2019 07-May-2020 31-Dec-2022 IN00867457 ►Fiscal costs and liabilities incurred by PPP transactions are reflected in the budget (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target 8/5/2020 Page 4 of 8 The World Bank Implementation Status & Results Report Fiscal Governance and Institutions Project (P163540) Value No No No Yes Date 04-May-2018 13-Sep-2019 07-May-2020 30-Dec-2022 IN00867458 ►MDAs applying e-Procurement, open contracting standards and beneficial ownership disclosure (Number, Custom, PBC) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 10.00 Date 04-May-2018 13-Sep-2019 07-May-2020 31-Dec-2022 IN00867459 ►Open Budget Survey score on comprehensiveness of information in appropriation bill (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 11.00 11.00 11.00 20.00 Date 04-May-2018 13-Sep-2019 07-May-2020 30-Jun-2022 Improving Economic and Fiscal Statistics IN00867450 ►Generated and updated statistical datasets (Text, Custom, PBC) Baseline Actual (Previous) Actual (Current) End Target Sample censuses and follow-up surveys on No agriculture and No agriculture and No agriculture and Value agriculture and business census business census business census business completed and published Date 04-May-2018 13-Sep-2019 07-May-2020 30-Jun-2022 IN00867453 ►Gender-disaggregated data on land and business ownership collected and published (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 04-May-2018 13-Sep-2019 07-May-2020 31-Dec-2022 Overall Comments IR Due to the delays in commencement of project activities and the advent of the Covid-19 pandemic which further slowed down the pace of implementation, significant progress towards the achievement of PBCs is yet to be recorded. Performance-Based Conditions 8/5/2020 Page 5 of 8 The World Bank Implementation Status & Results Report Fiscal Governance and Institutions Project (P163540) IN00867460 ►PBC 1 Regular internal and external audit reports completed (Text, Output, 12,500,000.00, 0.00%) Baseline Actual (Previous) Actual (Current) June 30, 2022 No external revenue No external revenue No external revenue audits; Value audits; occasional audits; occasional internal -- occasional internal audits internal audits audits Date -- 13-Sep-2019 07-May-2020 -- IN00867461 ►PBC 2 Revenue analyses institutionalized at FMoF (Text, Output, 15,500,000.00, 0.00%) Baseline Actual (Previous) Actual (Current) June 30, 2022 Occasional and Occasional and Occasional and inadequate inadequate revenue inadequate revenue Value revenue analysis; weak -- analysis; weak revenue analysis; weak revenue revenue models models models Date -- 13-Sep-2019 07-May-2020 -- IN00867462 ►PBC 3 Enhanced functionality of the financial management information systems (Text, Output, 27,000,000.00, 0.00%) Baseline Actual (Previous) Actual (Current) June 30, 2022 GIFMIS payment controls GIFMIS payment controls GIFMIS payment controls Value and cash management and cash management and cash management -- modules not operational modules not operational modules not operational Date -- 13-Sep-2019 07-May-2020 -- IN00867463 ►PBC 4 Compliance with capital investment prioritization process by main spending ministries (Text, Outcome, 12,000,000.00, 0.00%) Baseline Actual (Previous) Actual (Current) June 30, 2022 PIM guideline as an annex PIM guideline as an PIM guideline as an Value to the budget circular is not annex to the budget annex to the budget -- in place circular is not in place circular is not in place Date -- 13-Sep-2019 07-May-2020 -- 8/5/2020 Page 6 of 8 The World Bank Implementation Status & Results Report Fiscal Governance and Institutions Project (P163540) IN00867464 ►PBC 5 MDAs applying e-Procurement, open contracting standards and beneficial ownership disclosure (Number, Intermediate Outcome, 10,000,000.00, 0.00%) Baseline Actual (Previous) Actual (Current) June 30, 2022 Value 0.00 0.00 0.00 -- Date -- 13-Sep-2019 07-May-2020 -- IN00867465 ►PBC 6 Generated and updated statistical datasets (Text, Output, 21,500,000.00, 0.00%) Baseline Actual (Previous) Actual (Current) June 30, 2022 No agriculture and No agriculture and No agriculture and Value -- business census business census business census Date -- 13-Sep-2019 07-May-2020 -- Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P163540 IDA-62880 Effective USD 125.00 125.00 0.00 7.70 114.52 6.3% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P163540 IDA-62880 Effective 27-Jun-2018 12-Feb-2019 07-May-2019 31-Dec-2022 31-Dec-2022 Cumulative Disbursements 8/5/2020 Page 7 of 8 The World Bank Implementation Status & Results Report Fiscal Governance and Institutions Project (P163540) PBC Disbursement Achievement Disbursed amount in Disbursement % PBC ID PBC Type Description Coc PBC Amount Status Coc for PBC Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 8/5/2020 Page 8 of 8