The Nigerian PPP Framework
NIGERIA
INSTITUTE OF
INFRASTRUCTURE
AND PUBLIC PRIVATE
PARTNERSHIP
NII3P
An Institute of the
Infrastructure Concession Regulatory Commission
Definition of PPP
INFRASTRUCTURE CONCESS
REGULAT
COMMISSION
/CRC
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
The goal is to combine the best capabilities of the public and private
sectors for mutual benefit
27View entire presentation