COUNTRY: Nigeria
NAME OF PROJECT: Investment in Digital
SECTOR: Technology & Creative
INDIVIDUAL CONSULTANT SERVICES: Islamic Finance Specialist
MODE OF FINANCING: Murabaha Facility
FINANCING NO: NGA 1006
The Bank of Industry (BOI) has received financing from the Islamic Development Bank toward the cost of the programme: Investment in Digital and Creative Enterprises (iDICE), and intends to apply part of the proceeds of this financing to eligible payments under the contract of consultant services of an Individual Consultant for which this Expression of Interest is issued.
The services include provision of technical assistance in the implementation of the Non-Interest Finance framework, while building internal capacity on Non-Interest Finance, and ensuring adherence to relevant regulatory guidelines and global best practices. The assignment is expected to start by January 2025 and end by January 2028.
The detailed Terms of Reference (ToR) for the assignment can be found at www.boi.ng/idicetor.
The Bank of Industry (BOI) now invites eligible consultant (“Individual Consultants”) to indicate their interest in providing the services. Interested Consultants must provide specific information which demonstrates that they are fully qualified to perform the services. The individual consultants affiliated with an organization may also submit interest.
The shortlist will be drawn up following the evaluation of CVs and useful information in response to this notice of expression of interest including references. Potential candidates will be required to provide information on their general qualifications as an individual consultant, their mission-relevant experience, their experience in the region and sector as well as their language ability.
A consultant will be selected in accordance with the selection method applicable to Individual Consultants as defined in the IsDB Guidelines for the Procurement of Consultant Services under IsDB Project Financing including Procurement policy and practices, effective April 2019 (Revised February 2023).
Minimum Qualification Requirements
Bachelor degree or equivalent in Islamic Finance, Finance, Business Management, Economics, Development Finance, Public Administration, Policy or any related field, with Shari’ah certification;
Three (3) years of relevant professional experience in Islamic financial institutions in Nigeria and globally
Experience in structuring Non-Interest Finance contracts/instruments, particularly in Nigeria;
Advanced knowledge and structuring of Non-Interest Finance in line with global practices (Desired);
Knowledge of Nigeria, English Language and Islamic Development Bank financing.
The attention of interested Individual Consultants are invited to read clauses 1.12.1 and 1.12.2 of the Procurement Policy of the IsDB Guidelines for the Procurement of Consultant Services under IsDB Project Financing including Procurement policy and practices effective April 2019 (revised February 2023), (the “Procurement Guidelines”) setting forth the IsDB’s policy on conflicts of interest.
Interested individual consultants may obtain further information at the address below during office hours 9am-4pm (WAT).
Expressions of interest must be delivered in written form accompanied by the CV and any other document (in person or mail) to the address below no later than January 17, 2025.
Bank of Industry
Attention: Omotola Omolayo
Procurement Specialist (iDICE)
BOI House
23, Marina, Lagos State
Tel: (234)-2-012715070-71, 07002255264
Email: [email protected]
Website: www.boi.ng/idice
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