Apply for Consultant for Chemicals For Growth Project, Nigeria Job Vacancy | Position

Consultant for Chemicals For Growth Project

Start Date: March 03, 2025

Express Interest By: 2/21/2025

Duration: 30

Topics: Not Available

Business Function: Not Available

Skills: Not Available

Language Skills: English,

Assignment Location: Nigeria

Institution: IFC

VPU: IFC Africa (CAFVP)

Contact Person: Olujimi Williams (owilliams@ifc.org)

Task Description: Background and Objectives

The International Finance Corporation (IFC), a member of The World Bank Group (WBG or “Group”), facilitates non-public sector funding in rising markets. Through IFC’s Advisory & Upstream method, IFC helps pre-investment  project development actions to create bankable initiatives and scale progressive options.

Nigeria is considerably depending on crude oil which at present accounts for about 90% of export revenues, and 65% of presidency revenues. This profile has led to vital macro volatility, financial uncertainty, excessive ranges of unemployment, and excessive ranges of revenue disparity. Nigeria is a significant producer of crude oil with the tenth largest oil reserves and the ninth largest fuel reserves on this planet. While some fuel is captured for export and energy technology makes use of, as much as 10% of Nigeria’s annual 3Tcf fuel manufacturing is flared – positioning Nigeria seventh among the many nations that flare fuel essentially the most. This presents a possibility to productively make the most of fuel that may in any other case be flared.

Furthermore, Nigeria has struggled to make the most of its fuel assets to speed up home industrial development. When oil is produced, fuel is produced together with the oil. Since there are not any useful shops for this fuel (past the present energy and LNG wants), it’s flared on the wellhead. In 2019, Nigeria flared about 700 million commonplace cubic toes (MMscf) of fuel per day, sufficient to energy as much as 3GW of thermal electrical energy technology capability.

IFC explored the event of Gas-to-Chemicals clusters as a key trade improvement alternative in Nigeria as part of Phase 1 of the Chemicals for Growth (C4G) undertaking. A Gas-to-Chemicals cluster is, for instance, an industrial park or Special Economic Zone (SEZ) established to leverage entry to close by fuel by creating communal techniques and infrastructure for acquiring the first useful resource, beneficiating it and exporting the merchandise. Shared structure would come with communal trunk infrastructure (provide pipelines, ports/jetties, utilities, waste and wastewater administration, inner services), standardized fuel provide contracts, and a transparent and streamlined regulatory approval course of. A Gas-to-Chemicals cluster would assist the event of gas-based industries by materially de-risking funding initiatives and lowering improvement prices. Installing petrochemical crops basically then turns into “plug and play” as entry to fuel feedstock is bodily and commercially out there inside the cluster. C4G Phase 1 research recognized the chance for Nigeria to develop as much as 20 MTPA of further manufacturing capability for low-cost Ammonia, PP, and Polyethene over and above current initiatives.

The mixture of the extra capability alternative recognized in Phase 1 and the already introduced petrochemical manufacturing initiatives prompted the initiation of Phase 2 of the C4G undertaking, targeted on downstream petrochemical value-chains alternatives. On introduced initiatives alone, Nigeria is projected 9.6 million tons every year (MTPA) petrochemical manufacturing capability by 2032, making a home surplus of two.6 MTPA of Methanol and 0.2 MTPA of Ammonia. C4G Phase 2 explored alternatives to extend the worth added in exported merchandise and determine import-replacement alternatives within the Methanol and Ammonia worth chains. With this capability, Nigeria can develop downstream industries even additional, and a strong chemical manufacturing trade may create alternative for different related chemical worth chains corresponding to agrochemicals.

The IFC, due to this fact, needs to have interaction a short-term advisor (STC) to assist the event of the C4G Phase 1 and Phase 2 outcomes via investor and ecosystem engagement with the intention of advocating for the undertaking alternatives recognized and the elimination of related funding obstacles.

Scope of labor / Main Tasks

• Identify and map credible home and worldwide petrochemical gamers with expressed or potential curiosity in cluster or downstream value-chain initiatives beforehand restricted by the perceived difficulties of doing enterprise in Nigeria.
• Identify and map influential native (non-public and public) ecosystem stakeholders in direction of advocating for current IFC portfolio initiatives in addition to future cluster and downstream initiatives.
• Engage potential traders and different related private and non-private sector stakeholders together with petrochemicals firms to substantiate the recognized C4G alternatives in direction of catalyzing bankable  project development.
• Engage related ecosystem stakeholders to create the required circumstances required to assist the profitable implementation of Gas-to-Chemical clusters and downstream chemical compounds initiatives. This is anticipated to incorporate engagements with state governments, regulators, feedstock suppliers, and different trade gamers enjoying a task within the worth chain. emWEfxV DZIC7r
• Engage traders bilaterally to pitch the recognized C4G funding alternatives and gauge funding curiosity, with the intention of creating at the least one Gas-to-Chemicals cluster undertaking with the assist of the IFC inner assets.
• Work with related IFC groups in Upstream/Advisory, Investment Services, CMA, Climate and CMU to align on the beneficial adjustments to the native governance framework to assist the event of C4G initiatives.
• Support the planning, preparation of engagement supplies, and facilitation of related workshops, seminars, and stakeholder engagement actions as wanted.

Deliverables/particular outputs anticipated from the Consultant

• Mapping report of home and worldwide firms with an curiosity in C4G undertaking improvement
• Outline of particular undertaking leads, together with investor, undertaking scope, and indicative financials.
• Outline of further ecosystem enablers required by potential traders to allow the event of recognized cluster alternatives.
• Refining the roadmap of Nigeria’s C4G improvement primarily based on built-in suggestions and engagements.