Public-Private Partnership on Infrastructural Development in Lagos, Nigeria

Abstract

In many large cities, such as Lagos, the delivery of public private partnership on infrastructure development is associated with a lot of problems. The traditional approach to Infrastructure development has always been that government invests in these essential infrastructures, while others including the community, individuals, and other private sector roles were seen in terms of paying taxes or other service charged for services rendered. It is in view of this that necessitated the evaluation of public-private partnership on infrastructural development in Lagos, using Ibeji-Lekki as a case study. This was done by identifying and appraising the concept of public-private partnership (PPP) contribution to infrastructural development in IbejuLekki area of Lagos State, evaluation of the level of effectiveness in the stages of agreement and negotiation process involved in public-private partnership scheme and the assessment ofpotential benefits and risks to parties concerned in Public- Private Partnership. The paper recommend that government needs to enlighten the public on the need for public-private partnership on infrastructure by including it in school curricular and also provide site and service scheme, where this could be practice.

Keywords: Public-Private Partnership (PPP), infrastructure, urban development, urbanisation