Department of Business and Private Law

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Browsing Department of Business and Private Law by Author "ABDULSALAM LA-KADRI, MUTIAT"

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    EXAMINATION OF PROJECTIONS AND PROBLEMS OF REKINDLING NIGERIA’S DEPLETED INFRASTRUCTURAL THROUGH PUBLIC PRIVATE PARTNERSHIP(PPP)
    (DEPARTMEN OF PUBLIC LAW, UNIVERSITY OF JOS, 2016-09-19) ABDULSALAM LA-KADRI, MUTIAT; MAGAJI W. OWOLABI, KUDIRAT
    Infrastructure assets in Nigeria are in a state of comatose as a result of decade of poor maintenance culture, under investment in maintaining the existing facilities and putting new ones in place, and hyper-utilization of existing social welfare facilities. This has adversely affected the Nation’s productivity and paved way for numerous societal problems including poverty, unemployment, recurrent inter-group violence and economic meltdown. Various attempts made in the past towards recovering from the immense infrastructure deficit confronting the nation, through the instrumentality of PPP has not recorded any commendable success having been marred by numerous challenges. This study examines PPP arrangements in Nigeria to ascertain the reasons why most PPP projects in Nigeria were unsuccessful in contrast to the tremendous success and infrastructure transformation achieved through PPP in other climes. It was found that poor regulatory framework, absence of standardized PPP contracts, corruption, poor capacity, lack of transparency, and undue political interference are the major factors responsible for the limited success achieved in the past. As the Buhari’s administration launches new PPP projects, it becomes crucial to ascertain the factors responsible for the past failure in order to prevent history from repeating itself. Recommendations made include commitment by government and putting in place enabling environment.