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

Article ID

N07SE

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

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

Abstract

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.

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

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.

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

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Bamidele Adeyemi O. 2016. “. Global Journal of Management and Business Research – F: Real estate, Event, Tourism Management & Transporting GJMBR-F Volume 15 (GJMBR Volume 15 Issue F2): .

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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-F Classification: JEL Code: H54, O18
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State of Infrastructure Procurement in Lagos State, Nigeria: The PPP Approach

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

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