COMPLETE SCHOOL PROJECT TOPICS & MATERIALS :
CHAPTERS: Chapter 1-5
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Abstract
This study is an assessment of the viability of Public-Private Partnership (PPP) as an option for infrastructural development in Nigeria with a focus on Imo State. Following the obvious reality that government alone can no longer finance infrastructural development, a collaborative strategy became imperative and PPP was adopted as the most appropriate. In that regard, the problem became how to identify the particular variant among the various variants of PPP that best mitigate corruption, generate efficiency, accountability and effectiveness in the management of public sector in Nigeria and Imo State in particular. Therefore, primary and secondary sources were used for data generation. From the data generated, the study discovered that PPP is making progress in Imo State in terms of reduction of corrupt practices, employment generation, poverty reduction, etc due to enabling environment made possible through relative security experienced in the state. The work concludes that collaborative government has become the order of the day and recommended sustainability as cardinal factor among other factors for the maximization of the benefits of PPP approach in Nigeria and Imo State in particular.
CHAPTER ONE
INTRODUCTION
1.1 Background to the Study
Public Private Partnership (PPP) is a sustained and long-term partnering relationship between the public and private sectors to provide services and goods. Through PPP, the public sector seeks to bring together the resources of the public sector and the technical expertise of the private sectors to provide services and goods to the public at the best value for money (Ministry of Finance, Singapore, 2009).
The acceptance of public private partnerships should be based on mutual benefits and not intended to benefit the investors at the expense of the local citizens. This explains why countries like Hong Kong are very skeptical on PPP. Although most forms of PPP involve a contractual relationship between the public and private parties, the long-term nature of these contracts creates a strong long-term mutuality of interest (Kee and Forrer, 2012). PPPs are not just a step in the procurement process; given their long-term nature, they differ from traditional procurement contracts, which often are associated with a short-term “claims culture.” Early evidence of operational contracts in more mature PPP programs shows that in many cases the parties can recognize this mutuality of interest without adversely affecting the mechanisms in the formal contract that determine performance (Cheung, and Chan, 2011).
In line with the national aspiration regarding PPP, Imo state government has equally adopted PPP as the appropriate and timely economic strategy to stimulate its economy for growth, employment and development. This is demonstrated by the implementation of PPP scheme in each of the four (4) point agenda of Governor Sullivan’s administration, which includes:
- Physical infrastructure (Housing, water and electricity)
- Economic Expansion and Employment (industrial development, agricultural development, and tourism
- Rural development (Rural access, rural industry)
- Service delivery and good government basic social services (Health, Education, Law and order/security) Public Service Empowerment (Training, work environment, pension, Housing, transport) Citizens’ inclusion and participation (Women groups, Youths, traditional rulers and elderly statesmen).
1.2 Statement of the Problem
The Infrastructural report of Nigeria just like any third world country is nothing to write home about. The housing situation is in a sorry state both quantitatively and qualitatively (Oyedele, 2012). Most infrastructures are now decayed and need repair, rehabilitation, refurbishment or replacement. Government is the system that plans, organizes, controls and supervises the people who are resident in an area in order for all to have conducive-environment for living and a sense of belonging. Governments is saddled with the mandate to put in place all measures that it deem fit will make an environment beneficial for living for everybody.
The infrastructural situation in Imo State is not different. According to the commissioner for commerce and industry (Dr. Jude Akubuilo),
The current situation in the industrial estates is heart-rending, as most of the manufacturing outfits in the state, especially the sunrise flour mills, Niger Steel and Niger gas, have remained shut for several years, Sobechi (2011: 1).
He maintained that the state had been missing opportunities to position itself as an industrial base in the South-East and Nigeria, arguing that there was no justifiable reason for the companies to have shut down. He lamented that the value addition to the food chain through the sunrise flourmills had been lost, as well as the building and ancillary materials, foundries and engine tooling from the Niger steel or the acetylene and oxygen gas that could have been produced by Niger gas company.
However, the commissioner reiterated that he had discovered that jobs, which would have been generated by the industries were also lost, adding that his ministry had evolved a roadmap to see the firms come on stream using the private-public partnership (PPP) approach.
Given the above account, the posing questions to guide this study is
therefore:
- How can private sector investors be attracted to invest in Nigeria and Imo State in particular?
- If the private sector mobilizes the needed fund, would that not imply the government relinquishing its position to the private sector?