Turn public and development priorities into executable mandates.

Public value must be supported by commercial, financial and governance discipline.

A credible public or development mandate should connect the intended outcome to evidence, affordability, funding, risk allocation, legal authority, procurement, implementation capacity and measurable reporting. NCDF helps clarify these dependencies and identify which specialist role is required.

Define the public or development outcome

State the service, infrastructure, market or institutional result to be achieved and the decision criteria that will determine success.

Test the business case and affordability

Examine demand, operating model, costs, revenues or savings, funding gap, assumptions and delivery constraints.

Strengthen project or programme readiness

Clarify sponsor authority, governance, evidence, financial model, approvals, data room and implementation capability.

Evaluate capital and transaction routes

Consider appropriate debt, equity, hybrid, issuance, partner or staged funding options within approved legal and procurement frameworks.

Govern institutional liquidity and reserves

Segment cash by purpose and horizon; define risk counterparties, authority, reporting and possible mandate requirements.

Move from decision to implementation

Translate the approved route into workstreams, owners, milestones, dependencies, reporting and escalation.

Authorised institutions and partners with a defined responsibility.

Government institutions

Ministries, departments, agencies, subnational governments, public corporations and authorised project or programme units.

Development partners

Development finance institutions, bilateral or multilateral partners, foundations, donors and approved programme sponsors.

Public and development projects

Authorised sponsors of infrastructure, enterprise, market, service-delivery or institutional-capacity initiatives requiring commercial or capital discipline.

Advisers and implementation partners

Professional advisers acting with confirmed authority and a clear request for NCDF’s role, subject to conflict and confidentiality review.

The responsible role depends on the mandate stage and required decision.

Commercial and Project Readiness

Business-case diagnostics, financial-model support, evidence and data-room preparation, partner mapping and management readiness through NCDF Commercial Services.

Capital Structure and Transaction Scoping

Debt, equity, hybrid or approved capital-markets route assessment and issuing-house functions through NCDF Securities, subject to mandate acceptance and applicable approvals.

Treasury and Institutional Capital

Liquidity segmentation, governance, risk, counterparties, reporting and potential institutional mandate discussion through NCDF Investment Management.

Implementation Governance

A separately scoped implementation office, workstream coordination, milestone tracking and management reporting through NCDF Commercial Services.

Market and Partner Pathways

Nigeria market, customer, partner and route-to- market diagnostics where the public or development objective depends on commercial participation.

Coordinated Mandate Routing

One Group Client Team review where the programme spans project preparation, transaction, institutional capital and execution, while each company retains separate responsibility.

Begin with the decision, authority and procurement route.

Institutional or Project Mandate Scoping Discussion

Clarify the sponsor, authority, project or programme stage, required output, procurement route, stakeholders, timing and specialist dependencies.

Capital Readiness Diagnostic

Review the business case, model, information, governance, evidence and sponsor readiness before a funding or transaction process.

Transaction Scoping & Capital Structure Review

For a sufficiently prepared authorised issuer or sponsor considering structure, approvals, professional parties and an execution route.

Institutional Treasury & Liquidity Review

For institutions responsible for operating cash, reserves, project funds, contingencies or long-term capital requiring governance and reporting.

Implementation Support Scoping

For an approved project, strategy or programme that requires workstreams, owners, milestones, review cadence and escalation.

Nigeria Market Entry or Partner Diagnostic

Where a development or public objective depends on private-sector participation, partner routes, customer evidence or commercial economics.

Authority and procurement are part of the scope - not an afterthought.

  • Identify the sponsoring institution, authorised official or committee and the decision the enquirer is permitted to make.
  • Confirm the applicable procurement, appointment, contracting or partnership route before substantive work begins.
  • Complete conflict, independence, integrity, sanctions, anti-bribery and other required compliance checks.
  • Define the role of technical, legal, tax, environmental, procurement and other advisers; NCDF should not imply functions outside its approved scope.
  • Classify information and security requirements. Restricted, classified or sensitive public data must not be submitted through the website form.
  • Record approvals, deliverables, reporting, stakeholder governance, change control and escalation in the executed engagement.

A governed route from mandate definition to delivery.

  1. Confirm sponsor and authority. Identify the institution, authorised enquirer, public or development objective and required decision.

  2. Review governance and procurement. Establish the applicable appointment route, conflicts, approvals, information classification and other controls.

  3. Assess stage and evidence. Review the project or programme stage, business case, financial information, stakeholders, risks and implementation capacity at a proportionate level.

  4. Assign the responsible company and scope. Define the specialist role, deliverables, professional-party dependencies, timetable, fees and reporting before work begins.

  5. Execute and report. Deliver under the approved mandate, maintain decision and issue logs, and identify any separately authorised next phase.

Provide enough information to route the request - not restricted material.

  • Legal name, institution type, level or jurisdiction and the authorised sponsor or programme owner.
  • A concise project, programme, treasury or institutional mandate description and current stage.
  • The intended public or development outcome and the decision or output required from NCDF.
  • Indicative project value, capital requirement, funding mix or asset/liquidity amount band where relevant.
  • Status of feasibility, business case, financial model, approvals, procurement and stakeholder consultation.
  • Existing advisers, partners, funders or transaction parties at a high level.
  • Target decision date, implementation horizon and material confidentiality or security constraints.

Clear entity responsibility across a coordinated mandate.

NCDF Commercial Services Limited

NCDF Securities Limited

NCDF Investment Management Plc

NCDF Group Client Team

Government & Development Partners FAQs

Can NCDF respond to an expression of interest, request for proposal or procurement process?

Audience-specific enquiry module

Consent and Acknowledgement