Public Private Partnerships (PPPs): A Credible Alternative Financing Mechanism for Nigeria’s Health Sector

Abstract

Due to paucity of funds, the Nigerian Government has been unable to adequately fund healthcare in the country. The problem with healthcare in Nigeria is two fold: the first is the lack of physical infrastructure i.e. facilities and modern equipment and the second is the dearth of trained medical personnel. Consequently, unlike in traditional infrastructure PPPs, the financing problem is not merely related to initial high capital expenditure but the continued funding of projects post construction. This article looks at PPPs as an alternative financing mechanism that can bridge the infrastructure gap in the healthcare sector.

Keywords: Healthcare, Finance, Public-Private Partnerships,