The Nigerian PPP Framework slide image

The Nigerian PPP Framework

INFRASTRUCTURE AND DEVELOPMENT STATE OF INFRASTRUCTURE IN NIGERIA-1 • Nigeria is a major oil producer and exporter over four decades; • Over this period, expenditure on infrastructure is over 14 trillion naira; • Nigerian's stock of basic infrastructure remains obsolete, dilapidated and poorly maintained; • Where they exist, they are inadequate, unreliable and provide only limited coverage; • Water supply, sewerage, sanitation, drainage, roads, electricity, waste disposal and most urban infrastructure, all suffer from years of serious neglect and under-funding; • Periodic and routine maintenance, which ought to be the most cost- effective infrastructure spending, is almost zero. • There is limited private sector participation due largely to weak or non- existent legal, institutional and and regulatory frameworks
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