Public Private Partnership and Infrastructural Development in Nigeria’s Federal Capital Territory

Abstract

Recently, one strategy for achieving the goal of infrastructure development has been the public-private partnership, which is gaining popularity worldwide. It is marketed as a way for nations with tight budgets to enhance public services and infrastructure. While wealthy nations view it as the best way to reduce the cost of governance, the governments of the majority of developing nations view it as a way of reducing high cost of governance while achieving the purpose of governance at the same time. It is against this backdrop that this study assesses the impact of public private partnership on infrastructural development of Federal Capital Territory (FCT). The study is hinged on the Collaborative Policy Network Theory propounded by Hughes (2012). The study adopts the descriptive survey design for an indebt study of the impact of public private partnership on infrastructural development of selected communities/districts in F.C.T. A sampled size of 399 was determined through the Taro Yemane’s sample size technique; data were analyzed using relevant statistical tools which included frequency count, simple percentage, mean, standard deviation and the regression ANOVA which was adopted to test the hypothesis. The study revealed that, in spite of possible challenges of public private partnership; there is a significant relationship between public private partnership and the development of infrastructures in F.C.T. Finally, the study recommended amongst others that, competent agencies must prevent financial corruption in order to ensure that public projects are completed.