The Nigerian PPP Framework

NIGERIA INSTITUTE OF INFRASTRUCTURE AND PUBLIC PRIVATE PARTNERSHIP NII3P An Institute of the Infrastructure Concession Regulatory Commission Concession: Forms of PPPs INFRAST CONCESSION /CRC ✓ Private operator manages the utility and finances new investments as well as O&M REGULATOMMISSION Capital investment is made by the private operator but ownership is retained by the public Private operator collects revenues and may pay a concession fee to the public entity Commercial risk is borne by the private operator ■BOT (and other variations e.g. BOOT, BTO, DBOT, DFBOT, etc) Private operator builds new infrastructure, operates it for fixed period and transfers it to public sector Capital investment is made by the private operator, but ownership is by both at different points in time Public utility pays private operator for services provided by the new asset ✓ Commercial risk is usually private, but could also be shared 40

View entire presentation