ABSTRACT
Public Private Partnership has been said to be a long term agreement between a government agency and a private partner for the delivery of goods or services with both party sharing in the risks and rewards inherent in the delivery of the goods or service which include financial risks and responsibilities.
Public Private Partnership is an answer to the high demand for infrastructure which is at an all time high which is not being currently met by traditional contracting methods. Private companies in conjunction with the Public sector or one of its branches have therefore introduced this solution which provide a more integrated financial design construction, maintenance and operational solution to infrastructure projects.
This long essay shall therefore examine in its chapter one introduction of Public Private Partnership in Nigeria, aims and objectives of the study, scope of study, methodology, definition and literature review, this chapter will be the basis for other chapters.
Chapter two will highlight the origin of public private partnership, it will also look at the importance and nature of public private partnership i.e. the meaning and significance of PPP. This chapter will include the types of PPP and how they operate
Chapter three will deal with the advantages of PPP, how it improves and helps in the growth of infrastructure, the opportunities which are opened by PPP, this chapter will be examining the benefits of PPP and why PPP is a better choice. Chapter four will appraise the problems which can be encountered during PPP operation e.g. problem of fund, cultural problems e.t.c.
Chapter five will deal with the conclusion, summary and recommend some needed law reforms that will ensure the achievement of Public Private Partnership objectives in Nigeria.
TABLE OF CONTENTS
COVER
PAGE
CERTIFICATION PAGE
ABSTRACT
TABLE OF CONTENTS
DEDICATION
ACKNOWLEDGEMENT
TABLE OF STATUTES
LIST OF ABBREVIATIONS
CHAPTER 1
GENERAL INTRODUCTION
INTRODUCTION
BACKGROUND OF THE STUDYOBJECTIVES OF STUDY
FOCUS OF STUDY
SCOPE OF STUDY
METHODOLOGY
LITERATURE REVIEW
DEFINITION OF TERMS
CONCLUSION
CHAPTER TWO
HISTORICAL BACKGROUND OF PUBLIC PRIVATE PARTNERSHIP IN NIGERIA
INTRODUCTION
IMPORTANCE OF PUBLIC PRIVATE PARTNERSHIP
NATURE OF PUBLIC PRIVATE PARTNERSHIP
TYPES OF PUBLIC PRIVATE PARTNERSHIP
BUILD OPERATE TRANSFER (BOT) OR BUILD TRANSFER OPERATE (BTO)
BUILD OWN OPERATE (BOO)
BUY-BUILD OPERATE (BBO)
CONTRACT SERVICES OPERATIONS AND MAINTENANCE
OPERATIONS, MAINTENANCE, & MANAGEMENT
DESIGN-BUILD (DB)
DESIGN-BUILD-MAINTAIN (DBM)
DESIGN-BUILD-OPERATE (DBO)
DEVELOPER FINANCE
ENHANCED USE LEASING (EUL)
LEASE/DEVELOP/OPERATE (LDO) OR BUILD/DEVELOP/OPERATE (BDO)
LEASE/PURCHASE
SALE/LEASEBACK
TAX-EXEMPT LEASE
TURNKEY
CONCLUSION
CHAPTER THREE
ADVANTAGES OF PUBLIC PRIVATE PARTNERSHIP
INTRODUCTION
THE NEED FOR PUBLIC PRIVATE PARTNERSHIP AS A CATALYST FOR ECONOMIC DEVELOPMENT
DEVELOPMENT OF INFRASTRUCTURE
OPPORTUNITIES/BENEFITS OF PUBLIC PRIVATE PARTNERSHIP
CONCLUSION
CHAPTER FOUR
PROBLEMS/CHALLENGES OF PUBLIC PRIVATE PARTNERSHIP
INTRODUCTIONPROBLEMS AND CHALLENGES
REGULATORY ISSUES
LEGAL ISSUES
FUNDING ISSUES
POLITICAL ISSUES
CULTURAL ISSUES
CONCLUSION
CHAPTER FIVE
GENERAL CONCLUSION
CONCLUSION
RECOMMENDATION
BIBLIOGRAPHY
ARTICLES ON THE INTERNET
PAPERS PRESENTED AT CONFERENCES, WORKSHOPS AND SEMINARS
DICTIONARY