Impact of Public Private Partnership on Infrastructure Development of Nigeria

Abstract

Public Private Partnership began to draw attention in Nigeria when it became evident that the role of the state alone in the provision of infrastructure was no longer sustainable. A number of initiatives have been taken to address the dearth of infrastructure and forestall decay of existing infrastructure but the result is below desirable. It was on this basis that this study set out to assess the impact of public private partnership on infrastructural development in Nigeria. Data was garnered from secondary materials such as World Bank documents and Government Gazettes. Data was analyzed qualitatively and it was revealed that inadequate concession plans coupled with sentiments have rendered PPP inefficient in Nigeria. Some of the state governments gave concession to their cronies and political associates and this crippled the aim of the PPP as they became financially incapacitated to continue funding the projects. The study recommended that placing emphasis on merit rather than political patronage is a sure way of making the PPP more effective.