Transforming Nigeria Infrastructure & Growth slide image

Transforming Nigeria Infrastructure & Growth

The PPP Imperative REGULATORY INFRASTRUCTURE CONCESS /CRC COMMISSION Definition A Public-Private Partnership is a contractual agreement between a public agency (federal, state or local) and a private sector entity. Through this agreement, the skills and assets of each sector (public and private) are shared in delivering a service or facility for the use of the general public. In addition to the sharing of resources, each party shares in the risks and rewards potential in the delivery of the service and/or facility (Nat. Council on PPP USA) Wide Infrastructure Gap Growing demand for private sector participation in infrastructure Small and depleting Government resources Urgent need for alternative funding of Infrastructure 84 The goal is to combine the best capabilities of the public and private sectors for mutual benefit
View entire presentation