An Assessment of Public Private Partnership and Social Service Reform in Nigeria: 1999-2007

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DOI: 10.21522/TIJMG.2015.02.01.Art010

Authors : Nebo Sandra Ogochukwu, Nnamani, Desmond Okechukwu, Ituma Afam.O

Abstract:

The provision of infrastructure in any developing nation especially third world countries is the backbone of the country’s national economy. The government at all levels is responsible to provide infrastructure via dependence on loans and credits from financial institutions, the requirement for the infrastructure deficit is such that cannot be met by relying on the public sector to boost public investment without increasing public borrowing. The exclusive funding of social services in Nigeria was a challenge in early 80s; the economy co-opted International Monetary Fund (IMF) and Structural Adjustment Programme (SAP) to disengage social service delivery. The premise of global economic meltdown declined the revenue base and source of income as a means of funding social services in Nigeria. Public Private Partnership initiative has the prospect to attain financial constraints to improve the framework for business environment. The paper examines the link between PPP and social service delivery in Nigeria, and recommends that government should put more efforts to improve the level of awareness on the involvement of private sector in the provision of infrastructure through public enlightenment locally and internationally stating the benefits both for citizens and investors.

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