Minister of Finance, Mrs. Kemi Adeosun has re-iterated the need for Public-Private Partnership, PPP, in tackling Nigeria’s infrastructural development.
She said it has become a global trend for governments to partner with the private sector that has the requisite expertise to maintain and elongate infrastructural life span.
According to her, “Decades of underinvestment and poor maintenance have left Nigeria’s infrastructure in bad shape.”
The finance minister stated this while delivering a key note address through the Permanent Secretary of the ministry, Dr Mamoud Isa-Dutse at the opening of a 2-day Stakeholders Workshop on Public-Private partnership at the ministry auditorium recently.
A statement issued by the Director (Press and Public Relation) Federal Ministry of Finance, Marshall Gundu said Mrs. Adeosun re-iterated that infrastructural development was critical and in consonance with the present administration’s people’s oriented change agenda.
According to the Minister despite the benefit associated with PPP, there are challenges militating against the use of PPP in Nigeria which include: Limited number of PPP projects that are currently being procured at the Federal level; the role of MDAs in the delivery of infrastructure projects and how to expand the use of PPPs to different infrastructure sectors.
The Minister therefore enjoined the participants in the workshop to determine the reasons for the relatively low number of PPP projects and consider how best to encourage MDAs to put forward projects for consummation as PPPs.
She reaffirmed the support of President Muhammadu Buhari’s administration to the PPPs agenda and pledged that the government will continue to create a conducive environment for PPPs to thrive in the country.
In his welcome address, read by the Director, Human Resources Management, Mr. Daniel Tifato, the Permanent Secretary, Federal Ministry of Finance, Dr. Isa-Dutse said the workshop aimed at building the capacity of Management Officers in the relevant Ministries, Departments and Agencies, MDAs, who are directly involved in the PPP project delivery.
He pointed out that through proper inter-Ministerial coordination and collaboration needed to deliver successful PPP Projects, the roles of respective MDAs would be understood within the context of the delivery of critical infrastructure.
The permanent Secretary assured MDAs involved in PPP projects of the support of Ministry of Finance in achieving the stated objective of such projects. He expressed appreciation for the presence of the representatives of the African Development Bank, AfDB, and the Nigerian Infrastructure Advisory Facility, NIAF, as well as the assistance of the World Bank through the PPP project domiciled in the Technical Services of the Ministry.
The Country Director of AfDB in Nigeria Dr Dore Ousmane in his good will message pledged his bank’s support for the continued promotion of PPP projects in Nigeria. He said AfDB’s continued collaboration with the Federal Ministry of Finance would provide the right environment for PPP to thrive in Nigeria.


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