PUBLIC PRIVATE PARTNERSHIP FOR EFFICIENT TRANSPORT GOVERNANCE IN NIGERIA

Abstract

The study examines public private partnerships for efficient transport governance in Nigeria. The objectives were to: evaluate the impact of Public-Private Partnerships (PPPs) on Transport Infrastructure Development in Nigeria; identify best practices and challenges in implementing PPPs in the Nigerian transport sector and analyze stakeholder perspectives on the role of PPPs in enhancing transport governance in Nigeria.  The study adopted the Taro Yamane formula to determine the sample size of 392 out of a population of 3,206. The response rate was 96.62%, resulting in an accepting sample of 367. The study used survey design, which involved questionnaire and structured interview for the collection of primary data from respondents selected using convenient and purposive sampling techniques. Quantitative data were analyzed using descriptive statistics, while qualitative data was coded and analyzed using the 4-point Likert Scale. The study finds that the implementation of Public-Private Partnerships (PPPs) has significantly improved the quality of transport infrastructure in Nigeria and has led to more efficient resource allocation for transport infrastructure projects in Nigeria. Thus, collaboration between public and private sectors through PPPs has enhanced the maintenance and sustainability of transport infrastructure in Nigeria. However, the challenges and limitations of PPPs in transport infrastructure in Nigeria, which centre on risk allocation, financial feasibility and regulatory framework led to the recommendations that the Nigerian Government should simplify and standardize processes for PPP project development and implementation to reduce delays and attract more private sector investment; Government should encourage the establishment of financial instruments to support long-term investments in transport infrastructure; Government should ensure transparency in project selection, execution, and monitoring to build trust with private sector partners and stakeholders and Government should strengthen the regulatory framework that governs PPPs in Nigeria’s transport sector.

Keywords: Transport Infrastructure, Regulatory framework, Public-Private Partnerships, Transport governance, Investment