The United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF) has signed an agreement with the Bureau of Public Enterprises (BPE) to support the Bureau in the areas of institutional and human capacity building. The goal is to enable BPE to fulfill its mandate in delivering infrastructure projects in Nigeria using a Public-Private Partnership (PPP) model.
UKNIAF has identified the following critical areas, in which it will provide support:
- Integrating national and global social sustainability criteria in project preparation and selection;
- Developing PPP project pipeline, producing concept notes, managing the transaction stage of the PPP project delivery lifecycle, etc.;
- Supporting the procurement process for appointment of transaction advisors;
- Supporting the process of securing project preparation funds from UKNIAF’s panel of PPF fund providers;
- Providing ongoing support enhancing the capacity of the institution to reach the commercial close on projects.