Application of Public Private Partnership (Ppps) for the Development of Infrastructure Facilities in Tertiary Institutions in Nigeria
Keywords:
Public Private Partnerships (PPPs), Tertiary educationAbstract
This study aims to investigate the utilization of Public Private Partnerships (PPPs) in the development of infrastructure facilities in Nigerian tertiary institutions. The study used secondary data that were collected from online and print resources. The paper concluded that the application of Public Private Partnerships (PPPs) model in the tertiary institutions in Nigeria can help to fix the infrastructure gap in the various institutions across Nigeria. PPPs can also help to address the funding gap for infrastructure projects in tertiary institutions, as the private sector can contribute a significant portion of the necessary capital. Furthermore, PPPs can foster innovation, as private companies may bring new technologies and ideas to the table. Overall, the use of PPPs for infrastructure development in tertiary institutions in Nigeria has the potential to bring about significant improvements in the quality and accessibility of these facilities, benefiting both the institutions and the wider community. Based on this findings, the paper recommends that the federal and state tertiary institutions should embrace the PPPs model to develop their infrastructure facilities. Governments should make policies that will support PPPs programme to thrive in the tertiary institutions in Nigeria.
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