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Azura-Edo Independent Power Plant Environmental Impact ... - IFC

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Ref<br />

#<br />

Potential impact Desired<br />

Outcome<br />

4.9 Employment<br />

and economy<br />

issues include:<br />

• Loss of direct<br />

and<br />

contracted<br />

employment;<br />

• Loss of<br />

indirect<br />

business<br />

opportunities;<br />

• Decline in<br />

economic<br />

productivity<br />

and<br />

household<br />

income; and<br />

• Decline in<br />

regional and<br />

local<br />

economic<br />

activity.<br />

Minimise<br />

impacts on<br />

employment<br />

legacy issues<br />

associated<br />

with loss of<br />

employment<br />

following<br />

decommissioni<br />

ng of the<br />

Project<br />

Description of mitigation<br />

• Facilitate SME development and support sustainable<br />

development and implementation of new technologies<br />

through the provision of training annually to local<br />

communities for three years prior to decommissioning;<br />

• Develop credit and loan programmes for small business<br />

development;<br />

• Identify and facilitate training opportunities for local<br />

workforce;<br />

• Provide training to local and regional workforce on career<br />

development and management of personal finances; and<br />

• Provide training to local and regional contractors on<br />

effective business management.<br />

Performance<br />

Indicator<br />

Nigerian<br />

labour law<br />

and the<br />

Adherence to<br />

the <strong>IFC</strong><br />

Performance<br />

Standards<br />

Monitoring<br />

The Local<br />

Employment<br />

and Local<br />

Procurement<br />

Policies will<br />

outline<br />

monitoring<br />

requirements<br />

Timing/<br />

Frequenc<br />

y<br />

Through<br />

out<br />

Operatio<br />

nal Phase<br />

Responsibility<br />

For Internal<br />

mitigation HR<br />

department of<br />

<strong>Azura</strong> <strong>Power</strong><br />

would be<br />

responsible for<br />

external aspects<br />

government and<br />

NGO would be<br />

responsible for<br />

managing<br />

impact.<br />

<strong>Azura</strong> <strong>Power</strong><br />

would be<br />

responsible for<br />

preparing Local<br />

Employment<br />

and<br />

Procurement<br />

Policy.<br />

Estimated<br />

Cost (USD)<br />

Cost<br />

captured in<br />

4.7

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