 I'm very pleased to join West Africa's finance professionals in infrastructure and finance here this morning. But this very important lecture, PPPs in infrastructure development in our countries are simply practical wisdom. Governments evidently lack the resources to solely finance, build and manage public infrastructure. So the way out is PPPs and our infrastructure concession and regulatory commission has since its inauguration, taking over about 55 PPP projects all over the country. Besides, there are several well-known PPP projects including the Murtala-Mohamed airport to Gawaki Hospital here in Apuja, the Kainji, Jeba, Shiroro hydroelectric power projects, and about 25 terminals concessioned to private operators. But managing these PPPs through stakeholder management, performance monitoring, refinancing, renegotiation and dispute resolution is probably as crucial for governments as the PPPs themselves. So similarly, if we discount the centrality of risk allocation in PPP contracts, we do so at our own bearer. Indeed, the correct application of risk allocation principles in infrastructure projects is fundamental to bankability and the long-term viability of those projects. So we must commend the global infrastructure hub for developing these tools, the PPP risk allocation and PPP contract management tools, and for dedicating this workshop to the dissemination of the tools for our sub-region. And this is important. The public sector in most developing economies, especially in our own sub-region, simply lack the necessary skills and tools to effectively manage PPP contracts. So drawing up these contract management tools and the annotated set of risk matrices demonstrating the successful allocation of risk between public and private parties in PPP transactions is a great service to the public sector parties in all of our countries. The participation of top international law firms, finance practitioners, and the multilateral development banks with the hub in this endeavor greatly enhances the usefulness and the worth of these tools. It I think also demonstrates the new approach to doing business in a globalized environment, the key being collaboration. Time was when the better resourced private sector looked to gain the public sector in PPPs. Usually such victories are pyrrhic, if they can be described as victory at all. One more failed PPP, one more failed project. But this new approach where the parties are helped to adopt best practices in drafting and management of PPP contracts is a win-win for everyone. They admitted focus of the tools on economic infrastructure. And I think that all of the reports you will read show that the tools focus on economic infrastructure projects to the exclusion of social infrastructure. And I venture to say that there is a need for us to discuss this even further especially because of the increasing large numbers of public projects that are in the nature of social infrastructure projects, projects in health, projects in education. And their peculiarities would benefit greatly from extending the work of the tools to them. Also we must ask some of what has been excluded from these tools and excluded of course because of the very nature of the tools. The current iteration of the tools do not of course include risks, especially those that cannot be included in concession of project agreements. For example, government procurement risk, third party risk delays, etc. And some of the specific risks that arise from unsolicited projects. So I think that how to advise on this and how maybe later iterations of the tools may be able to focus on some of these types of risks will be helpful indeed. It is clear that the use of these contract management and risk assessment tools will further strengthen transparency and accountability in the Nigerian PPP environment. Following up especially on the ICRC's earlier deployment of the PPP web disclosure program I'm sure that we'll all get a chance to be given more details about that program. The extent of project information disclosure will also stimulate investor interest significantly. All of these efforts are improving transparency will provide more assurance to our people as they can now monitor the progress and implementation of PPP projects in the country. So let me thank the Global Infrastructure Hub for the choice of Nigeria. It's a venue of this first-of-its-kind workshop. And also thank the law firms of Norton Rose Fulbright and Olanimo and Jerry. And of course our very dynamic ICRC for the hard work that has gone into the planning and execution of this workshop. We're also informed today that the DGICRC is soon to be confirmed by our born again Senate. I'm just noticing it's my pleasure to officially open the Joint West African Regional Global Infrastructure Hub PPP risk allocation and PPP contract management tools dissemination workshop. Thank you very much.