INFRASTRUCTURAL DEVELOPMENT THROUGH PPP IN NIGERIA: INTERNAL STAKEHOLDERS’ PERSPECTIVES
Keywords:
infrastructural development, internal stakeholders, public private partnership, success factorsAbstract
The infrastructural development in the developing countries faces serious challenges due to the low funding to undertake such projects. The use of public private partnership (PPP) to development such projects are yet to be fully developed. Therefore, the objective of this study is to identify the parameters that are required for the management of PPP projects for infrastructural development in Nigeria. In order to achieve this, a qualitative research method was adopted for this study and ten interviews were conducted among the public and private participants that were directly involved in the PPP projects. This study identified three key parameters that are very important for the successful implementation of PPP projects in Nigeria. They are the motivating factors for PPP adoption, key performance indicators and the critical success factors for PPP projects. It is recommended that these parameters should be an implementation guide for both public and private sectors participants in the PPP projects.