State of Infrastructure Procurement in Lagos State, Nigeria:The PPP Approach

Bamidele Adeyemi O., Adenusi Rotimi D., Osunsanmi Temidayo O

Volume 15 Issue 2

Global Journal of Management and Business

Over the years, finance has posed great challenge to government at all levels in Nigeria and this has translated into truncated efforts in infrastructure delivery. Today however, there is a paradigm shift from the conventional ways of delivering infrastructure to PPP. This study highlights the infrastructural facilities brought forth by the Lagos State government via PPP. Using qualitative method, information needed for the study was sourced from the Lagos State Public-Private Partnership Office, validated with personal observation. The study revealed that the Lagos State Government has been thriving in the embrace of PPP having procured infrastructure like Lekki-Ikoyi Link Bridge, Island Power, Alausa Power, Mainland Power, CG-EKO Ventures LLP, Akute Power Project, Lagos State Bus Rapid Transit scheme (BRT), Gbagada Renal & Cardiac Centre, amongst others. It is recommended that Lagos State government should not relent in bringing on board more of private investors to increasingly propel the delivery of infrastructural facilities. For other states in Nigeria yet to adopt PPP for infrastructure procurement, it is recommended that they do so without further delay. Also, developing countries the world over, that are yet to adopt PPP for infrastructure provision should take the bold step to embrace PPP.