1 5 TH LAGOS ECONOMIC SUMMIT (EHINGBETI 2010) RESOLUTIONS/RECOMMENDATIONS.

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1 5 TH LAGOS ECONOMIC SUMMIT (EHINGBETI 2010) RESOLUTIONS/RECOMMENDATIONS

Transcript of 1 5 TH LAGOS ECONOMIC SUMMIT (EHINGBETI 2010) RESOLUTIONS/RECOMMENDATIONS.

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5TH LAGOS ECONOMIC SUMMIT (EHINGBETI

2010)

RESOLUTIONS/RECOMMENDATIONS

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S/NO THEME RESOLUTION/RECOMMENDATIONS ACTION BY (MDA)

STATUS OF IMPLEMENTATION

1 POWER 1.1 _Solicit stakeholders' input when master plan is to be developed to restore confidence and credibility for government's actions

PPP DONE

1.2 _Lagos State Government to determine energy needs/demand and initiate appropriate strategy

WORK & INFRASTRUCTURE

DONE

Work with relevant Federal Government agencies to achieve the following:_Ensure the development of minimum standards for concessionaries

Ministry of Justice

Done

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_Constitute specific legal penalties for power offenders

Ministry of Justice

Done

_Redefine off-grid legislation to capture new town developments for the provision of captive power generation

Ministry of Justice

Done

_The current regulation on Rural Electrification is not optimal for development and should be decentralized to allow for increased access to electricity

Ministry of Justice

Done

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1.3 _Ensure consumers pay their tariffs as and when due; the current legislation on offences in the Electricity Sector Reform Act 2004 should be amended with specific legal provisions for customers who fail to pay their bills

National Assembly

Ongoing

1.4 Exploitation of other energy sources i.e. wind, solar,etc

Min. Of Science & Technology

Done & Ongoing

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1.5 Federal Government should fully implement the Electric Power Sector Reform Act (EPSRA), including:_Prioritizing review of the Multi Year Tariff Order (MYTO) and applying flexibility in licensing for general and distribution

FGN Done

_Continue privatization/concession of Power Holding Company Nigeria successor companies,and deal with all legacy issues

FGN Work-in-Progress

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S/NO THEME RESOLUTION/RECOMMENDATIONS ACTION BY (MDA) STATUS OF IMPLEMENTATION

_Complete the National Independent Power Projects and transfer to world-class operators

FGN Work-in-Progress

_Rehabilitate and maintain existing electricity generating stations to raise the level of electricity capacity

FGN Done

Transmission_Reduce transmission losses to the barest minimum by acquiring the necessary technology needed.

FGN & Min.Of Rural Development

Done and Ongoing

_Construct more transmission lines

FGN & Min.Of Rural Development

Done and Ongoing

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STATUS OF IMPLEMENTATION

1.6 _Upgrade distribution infrastructure via the provision of relief transformers

FGN & Min. of Rural Development

Done

1.7 Distribution:_Installation of high capacity of transformers

FGN Done and Ongoing

_Billing must be accurate according to consumption

FGN Done and Ongoing

_Cash collection problems should be solved by the use of prepaid meters

FGN Done and Ongoing

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STATUS OF IMPLEMENTATION

1.8 Intervene in the current commercial structure by playing a more active role in fast tracking the current stalled privatization process.

FGN/LASG Done

1.9 Establish a Lagos state “power commission” with wide ranging roles from planning to research and monitoring.

FGN/LASG Done

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1.10

_ Take decisive action to ensure the availability of gas supply to the state by acquiring gas supplies close to Lagos and guarantee payment for purchase agreement with owners of such fields.

FGN/LASG Done and Ongoing

1.11

_ Introduce the “doctrine of necessity – the problem of power requires the application of “doctrine of necessity” which allows for emergency implementation of power related challenges.

FGN/LASG Done

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STATUS OF IMPLEMENTATION

_Ensure uninterrupted power supply; Lagos state should undertake:i.Captive IPP in industrial clusters &for specific projects- short term

FGN/LASG Done and Ongoing

ii. Acquire, Rehabilitate and Improve the Distribution Infrastructure

FGN/LASG Done and Ongoing

Liberalise entry into power generation to allow for phased investment in power generation of 5,000 MW to 20,000 MW between 2010 – 2020 for Lagos State.

FGN/LASG Done and Ongoing

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2 Water & sanitation

2.1  Leverage successful projects for new projects while proper and integrated planning is considered integral to success

LSWC Done

2.2 Aggressively invest in waste management Infrastructure and resources across the State; Investment in the sector shall be government- funded or in collaboration with the private sector

LAWMA Done

2.3 Develop and adopt a Sewage Master Plan (SMP) for co-ordinated development of the sector in the State

Min. of Environment

Done

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2.4 Adopt a sustainable sewage and sanitation strategy for (Y2010-2015) for immediate/short term implementation

Min. of Environment

Done

2.5 Develop the appropriate legal framework for sustainable wastewater management

Min. of Justice

Done

2.6 Complete ongoing establishment of regulatory commission for the water sector

LSWC Done

2.7  Install nodal bulk meters for water audit

LSWC Work-in-Progress

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2.8 Implement the water supply improvement programme largely through PPP contract arrangement across service areas by 2011

LSWC Work-in-Progress

2.9 Make Lagos water corporation a public limited liability company by 2012

LSWC Ongoing

2.10 Create an enabling environment and appropriate incentives for investment in the waste management sector

Ministry of Environment

Done

2.11 Promote investment – friendly policies geared towards increasing collaboration between the public and private sectors

PPP Done

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S/NO THEME RESOLUTION/RECOMMENDATIONS ACTION BY (MDA)

STATUS OF IMPLEMENTATION

3 REAL ESTATE

3.1 Remove the usual bureaucratic bottlenecks/red-tape in the following agencies: Lands Bureau, Title Registry, Consent Office

Lands Bureau

Done

3.2 Restructure New Towns Development Authority (NTDA) to make it more aggressive and efficient in development of new estates

NTDA Done

3.3 Improve land use by making it easier to add to or replace existing buildings

MPP & UD

Done

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3.4 Actively encourage and support developers in securing Project Finance for major Real Estate investments in Lagos

Min. of Housing

Done

3.5 Actively encourage and support the deepening of the Mortgage finance industry

Min. of Housing

Done

3.6 Lagos State is advised to have a 10-year development plan that will deliver 40,000 housing units annually for residents

Min. of Housing

Done

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STATUS OF IMPLEMENTATION

3.7 _Lagos to address multiple/ excessive charges in land transaction

Lands Bureau

Done

3.8 _Address deficiency of experts and skilled artisans in the real estate sector

LASG Done and Ongoing

4 TOURISM 4.1 Develop tourism using the available natural resources for boating, fishing, sailing, yachting, scuba, e.g. 180km stretch and coconut fringed Atlantic beaches and underdeveloped islands

Ministry Of Tourism & IntergovermentalAffairs

Done and Ongoing

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4.2 Develop a tourist focused integrated transportation system including organised and scheduled tourist bus service

Ministry Of Tourism & IntergovermentalAffairs

Work-in-Progress

4.3 Promote Business Travellers' Tourism (1-3days"add-on" to business travel)

Ministry Of Tourism & IntergovermentalAffairs

Work-in-Progress

4.4 Put in place strategic master plan that details and dates desired accomplishments that leverages on distinct tourism interest of prospective tourists

Ministry Of Tourism & IntergovermentalAffairs

Done

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ACTION BY (MDA) STATUS OF IMPLEMENTATION

4.5 _Promote the development of the skilled personnel to drive tourism in the state

Ministry of Tourism& IntergovernmentalAffairs

Work-in-Progress

5 MANUFACTURING, AGRICULTURE & AGRO ALLIED

5.1 Take action along with other tiers of government to address the following priority issues:_ Infrastructure: Power availability for Industrial Sector, Port Decongestion

FGN/LASG Done and Ongoing

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S/NO THEME RESOLUTION/RECOMMENDATIONS

ACTION BY (MDA) STATUS OF IMPLEMENTATION

_Redirect Government expenditure on fertilizers and tractors to Infrastructure that would benefit Agriculture

Min. Of Agric & Cooperative

Done

_Invest in the Education, Development and Development of highly Skilled Manpower

Min. of Education &Min. of Estab

Done

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ACTION BY (MDA) STATUS OF IMPLEMENTATION

_Prioritize Exports, technologically intensive and globally competitive-Heavy Industries to take advantage of the availability of sea and air transportation

FGN & Ministry of Transportation

Done

_Actively encourage and support Small & Medium Scale Enterprises(SME)Manufacturers

Ministry of Commerce,MEPB & LESG

Done

5.2 Take action in collaboration with other tiers of government to address the following priority issues

LASG

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ACTION BY (MDA) STATUS OF IMPLEMENTATION

i. Finance – constitution of state industrial finance corporation for low cost financing

LASG Done - differently

II. Marketing – review of regulations of LASAA

LASG Done

III. Bureaucracy – single window clearance for setting up industrial units, reduced turnaround time for obtaining clearance/ permits and ease of documentation.

LASG Done

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ACTION BY (MDA)

STATUS OF IMPLEMENTATION

IV. Enabling environment for Agriculture to thrive in order to increase production and end over dependence on oil

LASG Done

VI. Establish Industrial Parks and Clusters utilizing the Public Private Partnership Framework

LASG Done and Ongoing

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ACTION BY (MDA)

STATUS OF IMPLEMENTATION

6. TRANSPORTATION

6.1 Resolve/eliminate differences between State and Federal Agencies in order to increase benefits to the nation

Done and Ongoing

6.2 Encourage the development of transportation as a course of study in higher institutions in the State

Done

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6.3 Identify and prepare PPP project(s) for the following:_Intermodal terminals and stations associated with planned MRT and BRT lines_Bus/danfo/molue stop/shelter program_Rolling stock leasing-rail,buses and ferries

Done

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6.4 Completion of strategic plan for bus corridor concession

PPP, MEPB, Min. of Transportation

Done

6.5 Encourage operators to adopt e-payment platform to ensure sustenance of the public transportation system

PPP, MEPB, Min. of Transportation

Done

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STATUS OF IMPLEMENTATION

6.6 Provide subsidized mass transit system that caters for the less privileged

LAMATA/LAGBUS

Done

6.7 Provide subsidized mass transit system that caters for the less privileged

LAMATA/LAGBUS

Done

6.8 Enact legislation to promote passenger safety especially in relation to children, mothers, aged and disabled

LAMATA/LAGBUS

Done

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6.8 E- ticketing should be established as a solution that can be used across all transportation system – rail, water, rail

LAMATA/LAGBUS

Work-in-Progress (in pilot)

6.9 Enact legislation on compulsory insurance for the commuters on the Rail, Road and Water

LASG Done

7 BUSINESS ENVIRONMENT & COMPETITIVENESS

7.1 Create a conducive atmosphere that is supportive of business

LASG Done and On-going

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STATUS OF IMPLEMENTATION

7.2 Lagos should strive to actualise the creation of state police, especially a Sheriff Department

LASG Work-in-Progress

7.3 Establish a politically neutral Lagos Economic Development Board (LEDB) to oversee a long term development of the state and a mandate to sell Lagos as a brand

LASG Unclear Implementation

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7.4 Create a $250 million “Lagos Enterprise Support” venture fund managed independent of the state government

LASG Not done, however Innovation Council and R&D fund established

7.5 LESG to establish policy commissions to follow through on decisions and recommendations of summit

LESG Not Done

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7.6 Lagos should deliver high quality public service goods to create a public support base that drives political stability and engenders foreign direct investment

LASG Done

7.7 Lagos must deliberately seek to attract investment as there is a positive correlation between good governance and investment

LASG Done

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8 GENERAL

8.1 Lagos must consciously harness the potential conferred by its nearness to the international markets and the size of its population which can earn it 6-8% growth in productivity.

LASG Done

8.2 Continue to maintain its policy of addressing infrastructure gap by growing public infrastructure stock through borrowing/deficit expenditure and skewing expenditure in favour of capital stock growth.

LASG Done

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8.3 Ensure efficient public service which actively measures and track public perceptions of its plans, programmes and policies.

LASG Done

8.4 Boost tax revenue while avoiding duplications and multiple taxing.

LASG Done

8.5 Actively undertake planning, coordination and regulation to protect citizens and promote business competitiveness.

LASG Done

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8.6 Develop and strengthen institutional frameworks in governance that promote entrenchment of critical policies and processes.

LASG Done

8.7 Encourage entrepreneurship which is a driver of growth and job creation.

LASG Done

8.8 Deepen the capacity of the State to guaranty the security of life and property

LASG Done

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8.9 Leverage and drive investment in specific areas of competitive advantage such as:

- Financial services- Shipping, Logistics

and distribution- Educational services

and IT- Pharmaceutical and

Healthcare

LASG Done and Ongoing

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8.10 Establish an enduring partnership with the people to ensure ther buy-in to various programmes and policies.

LASG Done