The Nigerian PPP Framework

NIGERIA INSTITUTE OF INFRASTRUCTURE AND PUBLIC PRIVATE PARTNERSHIP NII3P An Institute of the Infrastructure Concession Regulatory Commission Service contracts: Forms of PPPS Private sector contracted for specific tasks Capital investment and ownership of the asset is by the public sector CONCESSION INFRASTR /CRC REGULATORY Public entity pays the private company for provision of services but retains the commercial risk Management contracts: Private sector manages the utility but does not finance it Capital investment and ownership are retained by the public Public entity pays private manager a fixed management fee Commercial risk is held by the public Lease: Private sector manages the utility and finances the O&M Capital investment and ownership are retained by the public TORY COMMISSION Private operator collects revenues and pays to the public entity a fixed fee Commercial risk is shared 39

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