Cardoso blames project failure on poor institutions, knowledge gap

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Cardoso blames project failure on poor institutions, knowledge gap
Central Bank Of NigeriaYemi Cardoso
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The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has picked inadequate institutional capacity, knowledge gap and poor in-house expertise as major reasons responsible for the failure of projects in West Africa.

The Governor of the Central Bank of Nigeria , Yemi Cardoso , has picked inadequate institutional capacity, knowledge gap and poor in-house expertise as major reasons responsible for the failure of projects in West Africa.The Governor of the Central Bank of Nigeria , Yemi Cardoso , has picked inadequate institutional capacity, knowledge gap and poor in-house expertise as major reasons responsible for the failure of projects in West Africa.

Cardoso stressed that through project monitoring and evaluation, organisations collect and analyse data while determining if a project or programme has fulfilled its goals. The Director General of the West African Institute for Financial and Economic Management , Dr Baba Musa, noted that the success of a project is dependent upon the identification of the defining moments throughout the phases of the project execution.

“The main objective of this workshop is to upgrade the knowledge and skills of participants in understanding monitoring and evaluation systems using a result-based management framework. The specific objectives include clarifying key project results levels, developing indicators and targets for each result level, designing a project using a logical framework, and developing and implementing an effective monitoring and evaluation system,” he said.

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