Economic Development Strategies: January 28 – 31, 2014
Social and economic ungovernance are arguably the most observable feature of the development process in much of 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 in and around the cities and regions across the geographic space of Nigeria. Both urban and rural sustainability are seriously threatened.
This seminar will introduce the concept of economic development to participants both in public and private sectors. Participants will 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 will highlight theoretical and practical perspectives on economic development and provide participants with the skills needed to organize, plan and implement economic growth initiatives.
- Economic development credit analysis
- Business retention and expansion
- Real estate development and reuse
- Strategic planning
- Marketing and business attraction
- Entrepreneurial and small business development
- Neighborhood development strategies
- Technology-led economic development
- Workforce development and training
- Ethics in economic development
Government officials at the national level and heads of parastatals in areas bordering on economic growth and development, as well as at sub-national levels, such as commissioners for finance, economic development, commerce and industry, community development and agriculture, who have responsibilities for formulating and implementing policies that stimulate economic development.
Members of the Organized Private Sector, such as the Chamber of Commerce and Industry, manufacturers association, consultants and financial organizations and industrialists will also find the interaction extremely beneficial.
Duration: 5 Days
Fee: N280, 000 per participant
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.
- Understanding the underlying principles and rationale for employing project finance in infrastructure projects
- Learning how to design, set-up, and effectively label spreadsheet models for infrastructure project finance
- Understanding how to structure financial statements within project financing models including: demand projections, capital investments, financing sources, income statements, depreciation schedules, debt schedules, cash flow statements, and balance sheet projections
- Planning and designing sensitivity analysis on key financing variables to assess project bankability under different conditions
Financial analysts, investment bankers, consultants, transaction advisers as well as chairpersons, directors, commissioners and managers of parastatals currently involved or intending to engage in PPPs through project financing; chairmen, directors and managers of private companies who are intending or are currently engaged in PPPs.
Duration: 3 days
Fee: N210, 000
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. Whilst consistency ensures that the PPP design, transaction and implementation process is consistent with government policies and objectives as well as with PPP standards and principles, transparency and accountability implies that there is both a transparent PPP transaction process as well as a clear definition of the roles and responsibilities of the public sector and private sector parties.
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.
- Preliminary assessment
- Project specification and PPP model selection
- Transaction strategy and design
- Tendering and bidding process
- Technical and economic analysis
- Financial appraisal
- Risk assessment and financing structures
- Analysis of the legal and regulatory framework
Top-level managers with responsibilities for formulating or reviewing PPPs. Chairmen, directors, commissioners and managers of public parastatals currently involved or intending to engage in PPPs, as well as chairmen, directors and managers of private companies who are intending or are currently engaged in PPPs.
Duration: 4 Days
Fee: N280, 000 per participant