Strategic objective 4

WaterAid Nigeria will develop innovative approaches and new funding sources to increase annual income to UK£ 2.2 million a year by 2011.

Nigeria has the lowest per capita aid in Africa. WaterAid Nigeria will address this by advocating for an increased overall level of funding for the sector. We will build mutually beneficial partnerships with corporate supporters and diversify our other funding sources. This strategy will include leveraging and cost sharing approaches.

Specific Objective 4.1: The organisation will develop adequate fundraising and financing mechanisms raise UK£ 2.2 million each year for project delivery and partners' sustainability.

Specific Objective 4.2: WaterAid Nigeria will continue to build its financial management capacity to be able to manage funds effectively and efficiently. The increasing level of funding envisaged, the multiplicity of sources and the different management requirements mean  that we must develop commensurate capacity to manage funds sustainably. The organisation will continue to enhance its financial management capacity and build donor confidence.

Specific Objective 4.3: WaterAid Nigeria will leverage funding that is not less than 50% of its own investment, and assist the development of partners' capacity to raise and manage funds. In a country as large as Nigeria, WaterAid's vision of a world where everyone has sustainable access to safe water supply, improved sanitation and hygiene promotion services requires us to leverage increases in sector finance and influence how the funds that come into the sector are spent. WaterAid Nigeria will develop into a more mature and less dependent phase of partnership with partners.

Monitoring and Evaluation
Performance will be measured through a process and results based system harnessing innovative and flexible approaches to identify corrective action and encourage learning. The strategic logical framework has identified clear measurable and objectively verifiable indicators and the related risks and assumptions. All these will enable tracking of inputs, outputs, strategic objectives and the overall strategic goal. External threats such as corruption, economic and political instability can only be mitigated to a limited extent, but WaterAid Nigeria has made explicit assumptions based on wide consultation and included these in its monitoring framework.