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CIPRA Seminars 2014

Economic Development Strategies (January 28 – 31, 2014)

Social and economic “ungovernance” are arguably the most observable feature of the development process in Nigeria. Pervasive government failure combines with other challenges to create seemingly intractable developmental problems. The result is manifested in poverty, unemployment, infrastructure decay, and unsavory living conditions threatening both urban and rural sustainability. This seminar introduces the concept of economic development to participants both in public and private sectors. Participants learn how economic development strategies can be structured to encourage local and regional development and advance their state’s growth potential. More so, the seminar highlights theoretical and practical perspectives on economic development and provides participants with the skills needed to organize, plan and implement economic growth initiatives.

 

Mastering Infrastructure and Project Finance (April 7 – 9, 2014)

The recent growth of public-private partnership (PPPs) and infrastructure projects is closely linked to the financing technique known as project finance. A comprehensive understanding of project finance is therefore important for deciding on the viability of projects and even policy related issues. The financing of an infrastructure project must start with one question in mind – is the project opportunity ‘bankable’, given a set of financial assumptions and risk allocations amongst the stakeholders? In order to successfully create a financial picture of the project opportunity, an array of actions must be put into motion – input variables must be identified, numbers crunched and forecasts created to determine financial viability. If this systematic approach is not adopted, most PPP and infrastructure projects may not reach financial close.

 

Mastering Public Private Partnerships (August 11 – 14, 2014)

Public-Private partnerships (PPP) are contractual arrangements between public sector bodies and private sector parties resulting in the private sector delivering and operating public infrastructure facilities over an agreed price and period of time. The key to any successful PPP project includes the principles of risk sharing, value for money, consistency, transparency, accountability and a competitive process. Arising from the Federal and State governments' drive to actively involve the private sector in infrastructure development, the need clearly exists to equip the operators of such projects with the requisite knowledge and skills necessary for successful implementation. PPPs have traditionally recorded very low success in Nigeria and the trend, if not reversed, may result in reduced investment of private sector funds in critical infrastructure.


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