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Investor Presentaiton

SAYA 5.0 The Role of the Private Sector.../8 ■ PPPs in Nigeria have suffered from: Absence of a clear legal and regulatory framework, as well as weak enforcement capacity of the public sector. Lack of expertise needed to see a PPP project through from design to successful implementation. Non-Availability of long term financing (10-15 years) with attractive interest rates for the investment opportunities. ■ Poor contract management and monitoring framework by the public sector, from project development stage and procurement stages through the post financial close phases. The unresolved conundrum as to whether infrastructure is a public good or an economic good. Nigeria's credit rating is limiting foreign investments in PPPs.
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