PUBLIC PRIVATE PARTNERSHIP FOR SUSTAINABLE INFRASTRUCTURAL DEVELOPMENT IN LAGOS METROPOLIS: PROSPECTS AND CHALLENGES
PUBLIC PRIVATE PARTNERSHIP FOR SUSTAINABLE INFRASTRUCTURAL DEVELOPMENT IN LAGOS METROPOLIS: PROSPECTS AND CHALLENGES
Author(s): Olatunji Idowu FADEYI, Joseph Oladele Kehinde, Chijioke Nwachukwu, Abimbola Abidemi Adegbuyi, Omoniyi Oladipupo AgboolaSubject(s): Economy
Published by: Research and Science Today
Keywords: PUBLIC PRIVATE PARTNERSHIP; SUSTAINABLE DEVELOPMENT; METROPOLIS
Summary/Abstract: THIS REVIEW EXAMINES THE PROSPECTS ALONGSIDE THE CHALLENGES ENCOUNTERED BY PUBLIC PRIVATE PARTNERSHIP (PPP) IN ENSURING SUSTAINABLE INFRASTRUCTURAL DEVELOPMENT IN LAGOS, NIGERIA. IT SHOWS THAT IN SPITE OF THE CHALLENGES FACED BY PPP, IF EMBRACED WITH SINCERITY AND TRANSPARENCY CAN IMPROVE SUSTAINABILITY AND INFRASTRUCTURAL DEVELOPMENT THROUGH VALUE FOR-MONEY PROJECT ASSESSMENTS AND IMPROVED DELIVERY PERFORMANCE. THIS PAPER SUGGESTS THAT TO ENSURE SUSTAINABLE INFRASTRUCTURAL DEVELOPMENT, GOVERNMENT SHOULD ESTABLISH THE REQUIRED GUIDING STRUCTURE FOR SUITABLE EXECUTION OF PPP PROJECTS THAT WILL HELP IN CONFLICT RESOLUTION THROUGHOUT THE PERIOD OF PPP CONTRACTS.
Journal: Research and Science Today
- Issue Year: 15/2018
- Issue No: 1
- Page Range: 25-40
- Page Count: 16
- Language: English