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Volume & Issue no: Volume 4, Issue 3, March 2015

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Title:
A Review of Public Private Partnership on some Development Projects in Nigeria
Author Name:
C.M U-Dominic, A.C.C. Ezeabasili, B.U. Okoro , N.U. Dim, G.C. Chikezie
Abstract:
ABSTRACT Public Private Partnership (PPP) practice is taking its root in Nigeria. This is partly because of governments lean finances over the year in financing numerous development projects and its low Capacity in risk management. Currently, the current oil price drop consequences and its sequential down turn impacts on nation’s economic outlook have made PPP imperative. It is known that numerous capital is in private hands and the willingness of these private investors is being harnessed by the governments through the Infrastructure Concession Regulatory Commission (ICRC) and other quasi bodies. The Lagos Ibadan express way, LekkiEpe road, Murtala Mohammed airport have been successfully implemented and more concessions are being negotiated. This practice has been implemented successfully on roads, ports, dams, housing and on most development projects. Contemporary global investment trend of the last two decades have widely attributed PPP approach as an appropriate development bailout conveyor suited to cushion the stiff effects of ailing economic prevalence’s on some prestigious national projects. Keywords: Development Projects, Public Private Partnership, Projects, Nigeria.
Cite this article:
C.M U-Dominic, A.C.C. Ezeabasili, B.U. Okoro , N.U. Dim, G.C. Chikezie , " A Review of Public Private Partnership on some Development Projects in Nigeria" , International Journal of Application or Innovation in Engineering & Management (IJAIEM) , Volume 4, Issue 3, March 2015 , pp. 064-075 , ISSN 2319 - 4847.
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