The goal of UKNIAF’s Power component is to provide targeted support and build sector capacity that will ensure alignment between power sector policies and regulations. This will lead to the provision of electricity in a sustainable way through a medium-term electricity market and provide electricity access options for Nigerians. Regulatory independence is the key driver in achieving a contract-based market as it improves transparency.
The goal of the Roads Component is to support the management and maintenance of the Federal Road Network. This will be implemented by working with relevant government agencies to overcome existing constraints to achieve transformational change in the way that public money is spent on the Federal Road Network. This will help improve the recovery of the FRN condition and provide a road network that facilitates economic growth. The Roads Component will achieve this goal through a three-pronged approach: Road Sector Reform, Effective Road Asset Management and Improved Works Delivery.
The goal of Infrastructure Finance (IF) Component is to support acceleration of private funding for Nigeria’s infrastructure through Infrastructure Finance for social and economic impact. This will be achieved through i) improved investor confidence in relation to IF . ii) increased technical capacity for the delivery of priority IF projects. iii) progression of high-priority projects conceptualised and designed to incorporate gender sensitive, climate and ‘people first’ themes. iv) improved pipeline of bankable IF projects.