The Nigerian PPP Framework slide image

The Nigerian PPP Framework

NIGERIA INSTITUTE OF INFRASTRUCTURE AND PUBLIC PRIVATE PARTNERSHIP NII3P An Institute of the Infrastructure Concession Regulatory Commission Why Public Private Partnerships CONCESSION INFRAST /CRC . . . • PPPs fill a critical resource and expertise gap in infrastructure procurement, delivery and operation PPPs engender accelerated procurement of infrastructure and services (additionality) PPPs promote faster implementation of projects, and reduced lifecycle costs and operations/mtce due to private sector efficiencies PPPs provide for better risk allocation between public and private sectors, thus offering a better and sustainable incentive to perform PPPs engender accountability in resource utilization and also improve the overall quality of service PPPs often lead to the generation of additional revenue and overall value for money for the entire economy 33 REGULAMISSION
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