RFA for Political Economy Analysis for Philanthropication through Privatization (PtP) Project in Nigeria
Introduction
The East-West Management Institute (EWMI) Working in partnership with the Africa Network for Environment & Economic Justice (ANEEJ) and PtP consultant Aaron Bornstein, currently seek the services of a consultant to develop a Political Economy Analysis (PEA) as part of a concept note being developed by the trio to explore the possibility of the PtP process in Nigeria.
The “Philanthropication thru Privatization” or “PtP” is defined as a transaction in which all or a portion of the proceeds resulting from the sale or other transfer of public (i.e., government-owned or -controlled), or quasi-public, assets into for-profit ownership or control are dedicated to the creation or expansion of charitable endowments under the control of meaningfully autonomous private charitable institutions. Thus far, the PtP Project has identified more than 640 foundations holding over US$200 billion in assets that have resulted from such transactions around the world. The Project is exploring the possibility of capturing a portion of funds from upcoming transactions involving such assets to endow an independent, private foundation (or provide funds to an existing, high-performing foundation) to support pressing socioeconomic needs faced by Nigerian citizens.