Open AccessWill Public-Private Partnerships Solve Nigeria’s Infrastructure Problems?
Author(s) -
George Nwangwu
Publication year - 2021
Publication title -
studies in media and communication
Language(s) - English
Resource type - Journals
eISSN - 2325-808X
pISSN - 2325-8071
DOI - 10.11114/smc.v9i1.4118
Subject(s) - panacea (medicine) , public infrastructure , procurement , government (linguistics) , critical infrastructure , business , finance , private sector , developing country , public sector , public–private partnership , private finance initiative , public finance , economic policy , economics , economic growth , general partnership , economy , marketing , political science , medicine , linguistics , philosophy , alternative medicine , pathology , law , macroeconomics
Nigeria, like most countries around the world, has turned to Public-Private Partnerships (PPPs) to finance its infrastructure deficit. However, it appears that the government of Nigeria looks towards PPPs as the major solution to the country’s infrastructure crisis. In a sense PPPs are being sold to the public as if they were free, that the private sector would come in with its funds, provide the desired services and that the problem with the country’s infrastructure would automatically cease. This paper argues that this supposition is a myth and that the role of PPPs in the provision of public infrastructure is more nuanced than is being bandied around. PPPs are not the panacea to all of the country’s infrastructure problems and also are far from being completely free. It is however the case that if appropriately deployed, in most cases PPPs provide some advantages over conventional public sector procurements. This paper explores the different advantages and disadvantages of PPPs and suggests ways in which PPPs may be effectively used to improve the country’s infrastructure with reduced fiscal exposure to government.