A REVIEW OF PUBLIC-PRIVATE PARTNERSHIP FOR BUILDING PROJECTS PROCUREMENT IN NIGERIA
Dosumu, Babatunde Adewale1 Taiwo, Yetunde2 Adeyemi-Doro, Oyetunji B.A.2
Department of Quantity Surveying, The Polytechnic, Ibadan1
Department of Architecture, The Polytechnic, Ibadan2
Email:
tundedosumu@yahoo.com,
yetundetaiwo1@gmail.com,
adeyemidoro@yahoo.com or oyetunjiadeyemidoro@gmail.com
Abstract: The problems of the traditional method of procuring building projects led to the option and use of the Public-Private Partnership (PPP) in Nigeria. This study undertakes a review of the practice of PPP with a view to analysing the key issues that are associated with its use in the procurement of building projects. Secondary sources of materials including reports, policy statement, journal articles, and textbooks were collected for analysis. The analysis conducted reveals that the procurement process within government Ministries, Departments, and Agencies (MDAs) is difficult; one important source of these difficulties arose from the financing arrangement. In view of this, MDAs were seen to accord less priority in approving counterpart funds for PPP projects under their control. The evidence indicates that the process of approving PPP budgets are in no way different from other capital projects of less priority within the MDAs. As a result, PPP projects are witnessing undue bureaucratic bottlenecks and delays. To suggest solutions to the problems, it is recommended that MDAs should prioritize the funding for PPP projects and equally fast track the process of its approvals. This is expected to eliminate the bottlenecks and delays currently affecting the procurement of building projects through PPP. Conclusively, though PPP is found to be poorly practiced among MDAs, it remains a scheme that can be used to correct the procurement problems experienced in Nigerian public bureaus.