Public Disclosure Copy The World Bank Implementation Status & Results Report Nigeria Post-Compliance I EITI (P132807) Nigeria Post-Compliance I EITI (P132807) AFRICA | Nigeria | Energy and Mining Global Practice | Recipient Executed Activities | Technical Assistance Loan | FY 2013 | Seq No: 1 | ARCHIVED on 17-Jun-2015 | ISR18712 | Implementing Agencies: NEITI Key Dates Key Project Dates Board Approval date:18-Jan-2013 Effectiveness Date:15-Mar-2013 Planned Mid Term Review Date:-- Actual Mid-Term Review Date:-- Original Closing Date:31-May-2015 Revised Closing Date:31-Dec-2015 Project Development Objectives Project Development Objective (from Project Appraisal Document) To support the Nigeria EITI secretariat, aimed at sustaining the EITI process through the development of a roadmap that will assist the Government in achieving timely annual EITI reconciliation and reporting. It is also aimed at increasing accountability in the administration of extractive industries. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  --  Moderately Satisfactory Overall Implementation Progress (IP)  --  Moderately Satisfactory Implementation Status and Key Decisions Project implementation has improved significantly following large delays in procurement. Disbursements are on track as most of the activities under the project have been completed and only two activities remain. The completed activities include technical training of NEITI staff on the hydrocarbons sector and trend analysis of the oil and gas industry audits. Outputs from the training include a standardized format for the production of the NEITI oil and gas audit reports and a methodology for interpretation, analysis and reporting of revenue and production results in the reports. A conceptual 6/17/2015 Page 1 of 6 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Nigeria Post-Compliance I EITI (P132807) framework for automation of the audit data collection has also been developed, and the beta version of the automation software was introduced to the NEITI staff in May 2015. As of June 2015, there are two ongoing activities: (i) development of an automated data transfer and analysis program for oil and gas to improve the timeliness of preparation of annual audit reports; and (ii) support to the Government's inter-ministerial task team to implement the recommendations of the audits under a remediation program. 6/17/2015 Page 2 of 6 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Nigeria Post-Compliance I EITI (P132807) Results Project Development Objective Indicators PHINDPDOTBL  The time lag between the end of a fiscal year and the publication of satisfactory audit reports for that year is increasingly shortened, in this grant period to 24 months. (Months, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 31.00 -- 27.00 24.00 Date 15-Mar-2013 -- 30-Mar-2015 31-Dec-2015 Comments The roadmap developed during the grant period enables the time required to prepare and finalize audit reports. The first goal is to shorten it to 24 months for compliance with the EITI requirement. PHINDPDOTBL  Number of remediation actions with new concrete development since project effectiveness (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 4.00 5.00 Date 15-Mar-2013 -- 18-May-2015 31-Dec-2015 6/17/2015 Page 3 of 6 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Nigeria Post-Compliance I EITI (P132807) Comments The four developments are as follows: 1. Fiscal terms proposed for solid minerals. 2. A proposal by the Department of Petroleum Resources for measuring crude oil. 3. Letter sent out from the government to oil companies to use the official selling price instead of realized price for crude oil starting in 2014. 4. Conversion of meters from analogue to digital at the depots in Ibadan, Ilorin, Ore, Jos, Benin, Port Harcourt, and Kaduna. Overall Comments Intermediate Results Indicators PHINDIRITBL  Automated data transfer system tested and used (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target The automated The Beta version of the Data are collected data collection Value -- software has been manually. system is developed. operational. Date 15-Mar-2013 -- 21-May-2015 31-Dec-2015 PHINDIRITBL  NEITI staff and Board members receive training on oil and gas sector as well as audit issues. (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 76.00 76.00 Date 15-Mar-2013 -- 22-May-2015 31-Dec-2015 Comments The indicator is the total (gross) number of participants in three separate training sessions: Training content No of participants Female participants Training on the physical audit of the oil and gas industry in Nigeria with the 22 7 primary objective of building NEITI secretariat staff capacity to lead oil & gas physical audits in line with internationally accepted standards suitable for EITI audits. Training on standardized format for the production of the NEITI oil and gas 20 7 audit reports to enable trend analysis of the findings, uniform means of interpreting, analyzing and reporting production and revenue flows as well as remediation issues identified. Training on newly developed NEITI operational manual and reengineered audit 34 8 process flows. 6/17/2015 Page 4 of 6 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Nigeria Post-Compliance I EITI (P132807) PHINDIRITBL  Business process operational manual is being used (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Business process re- Business process re- engineering Business process re- engineering and and operational engineering and operational manual has Value -- manual is used operational manual does been finalized and in the not exist. training provided to preparation of NEITI staff the 2013 audit reports. Date 15-Mar-2013 -- 18-May-2015 31-Dec-2015 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P132807 TF-14025 Effective USD 0.90 0.90 0.00 0.71 0.19 79% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P132807 TF-14025 Effective 12-Feb-2013 15-Mar-2013 15-Mar-2013 31-May-2015 31-Dec-2015 Cumulative Disbursements 6/17/2015 Page 5 of 6 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Nigeria Post-Compliance I EITI (P132807) Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 6/17/2015 Page 6 of 6 Public Disclosure Copy