Presentation on theme: "FORUM ON OIL AND GAS REVENUE FOR DEVELOPMENT SUSTAINABILITY COMMITTEE UPDATE, PRESENTATION AND DISCUSSION 2 nd Meeting September 22-24, 2014 Orchid Hotel,"— Presentation transcript:
FORUM ON OIL AND GAS REVENUE FOR DEVELOPMENT SUSTAINABILITY COMMITTEE UPDATE, PRESENTATION AND DISCUSSION 2 nd Meeting September 22-24, 2014 Orchid Hotel, Lekki, Lagos
PRESENTATION OVERVIEW: KEY AREAS FOR SUSTAINABILITY How do we make the Forum Impactful and Sustainable? Membership Partnership Funding Governance
SUSTAINABILITY COMMITTEE MEMBERS Prof. Wale Omole, Chairman Mrs. Abosede Alimi Mr. Sam Daibo Ms. Efe U. Kragha Dr. Salma Anas Kolo Mr. Henry Adigun Committee’s Scope of Work Develop a plan to sustain the activities of the Forum. Identify additional sources of funding for the activities of the Forum.
SUSTAINABILITY COMMITTEE UPDATE ACTIONS SINCE MAY MEETING The Committee held its inaugural meeting on Tuesday, 22 nd July, 2014 in Lagos; the second meeting was held on Tuesday, 19 th August Participants included Prof. Wale and Ms. Efe U. Kragha. The Committee reviewed and discussed the need for additional Forum members to fill gaps in regional and sector diversity. The Committee identified specific people to invite both as Forum members and as potential senior advisors/endorsers. The Committee also discussed potential funding sources for the Forum, particularly established corporations. NNF/CBI will draft a proposal letter to targeted corporations for review by the Committee.
POTENTIAL MEMBERS TO CLOSE GAPS Mr. Ijewere, Best Foods – Agricultural Sector Sola Omole, DG, NTA – Media Chris Okeke, Quarra Rice Mill – Agricultural Sector John Momoh, Channels TV - Media
SUSTAINABILITY: FEEDBACK There is a general aversion to an externally driven process of development in Nigeria. Individuals contacted did not rule out collaboration with international organisations, but focus should be on developing home grown initiatives for sustainable development. Best option to explore the influence of the international community in our national development is to communicate, cooperate and collaborate rather than outright dependency.
POTENTIAL MEMBERS Invited individuals who could not attend the First forum meeting and are interested Ibukun Awosika Mrs. Evelyn Oputa Prof. Chinwe Ubaji Ndidi Nwuneli
MEMBERSHIP: CRITERIA Who is a FOGARD Member? Non-Partisan? Influential? No Political Agenda? Technical Knowledge? Fundamentals?
MEMBERSHIP (CONTD.) Regional/Geopolitical Vs. Solely Centralized Chapters by States Paid Membership? What are the incentives for membership?
POTENTIAL PARTNERS Individuals and corporate bodies: Otunba Subomi Balogun (FCMB Group), Mr. Bello Osagie (Etisalat), Oba Otudeko (Honeywell), Chief Ade-Ojo (Elizade), Don Etiebet, Tony Elemelu Foundation, Chevron Nigeria Limited, ExxonMobil and Oil Producers Trade Services (OPTS).
FUNDING STRATEGIES Individuals and local organisations should be engaged to provide both financial and in-kind support to the Forum. Letter from NNF/CBI. The targets would be well-established and stable companies; as well as new companies with very good corporate images. The marketing strategy is to make the companies see the support as a corporate social responsibility and as a way of contributing to reinventing Nigeria. Pledges Seminars/Workshops Grants Internal Forum Contributions Fundraising Dinners, Special Events
LONG-TERM VISIBILITY (IN COLLABORATION WITH OTHER COMMITTEES) - Social Media Platforms - Media - Giving Back (Endow a Chair/Scholarships e.g for students of Political Science/Law or Incentives for Students who have shown exemplary leadership in championing the cause) - Recognition for Good Governance - Catch them Young
SUSTAINABILITY: RECOMMENDATIONS Recommendations for Full Forum’s consideration: Constitute an Advisory body comprising eminent Nigerians to endorse the Forum and its work Gen. Ike Nwachukwu (Rtd), Ambassador Muhammed Hamzat, Gen. Alani Akinrinmade (Rtd), Gen. Obada, Mrs. Aloma Mariam Mukhtar and Babatunde Raji Fashola. Identify and engage credible corporate organisations and individuals for potential funding. Work with NNF/CBI on the best strategy to engage potential funders Steer growth and development in other economic sectors using the Forum’s template.