The Impact of Public Private Partnership is beginning to be more pro nounced in emerging markets like Kenya and Nigeria as a preferred means for the delivery of Infrastructure and Housing. In terms of its popularity, the adoption and growth of Public private partnerships has been traced to under performance of Government Budgeting and lack of sufficient funding available to government for financing the different strategically important and development focused projects (including Social Housing), this is also in addition to governments poor risk management capabilities. The challenges facing public funding and its impact on the country’s development have increased the potential for public-private partnerships as an alternative to infrastructure and housing. The study examined the impact of public-private partnerships on affordable housing in Nigeria. It also includes other purposes; examining the imp act of management contracts on the provision of affordable housing i n Nigeria to identify the impact of the joint venture on the provision of affordable housing in Nigeria. The research adopted the survey research plan and used a structured questionnaire as a tool for data collection. Data analysis was performed in addition to mean and percentage descriptive statistics, as well as correlation and regression analysis. The results showed that Build Own Operate & Transfer Policy has a significant impact on the provision of affordable housing in Nigeria and Lease Contracts has a positive impact on the provi sion of affordable housing in Nigeria. The study concludes that for pub lic-private partnerships to flourish and achieve affordable housing, each partnership must id entify measures of success, be able to quantify and monitor their perf ormance, and identify and address emerging issues. It was suggested that the government take responsibility for ensuring that an enabling institutional environment and infrastructure is provided to support PPP execution. It was also proposed that the government adopt and establish a Viability Gap funding framework to attract private sector participation. As alternative and effective sources of funding will promote affordability and enable public-private partnerships to thrive for the identification, development, funding, implementation, and successful management of affordable housing PPP’s in Nigeria.
Adamu, M., Adamu, F. M., & Bioku, J. O. (2016). PPP Bankable Feasibility Study: A Case of Road Infrastructure Development in North-Central Region of Nigeria. International Journal of Engineering Science Invention, 5, 8-14.
Adegun, O., & Ibem, E. (2018). Within Their Reach: Quality Urban Housing for Millions Who Do Not Have Millions. Housing Studies Journal, 33, 986-987. https://doi.org/10.1080/02673037.2018.1482634
Aduwo, E. B., Ibem, E., & Edewor, P. (2017). Challenges and Opportunities in Public-Private Partnerships (PPP’s) for Housing Low Income Earners in Nigeria. In Advances in Business and Management (pp. 145-168). Nova Science Publishers. http://eprints.covenantuniversity.edu.ng/8164/1/BOOK.pdf
Ahmed, Y., & Sipan, I. A. (2019). Critical Success Factors of Public Private Partnership for Affordable Housing in Nigeria. International Journal of Recent Technology and Engineering, 8, 57-69.
Akintoye, A., & Kumaraswamy, M. (2016). Public Private Partnerships, Research Roadmap-Report for Consultation (pp. 1-33). CIB General Secretariat.
Babatunde, S. O., Perera, S., & Adeniyi, O. (2019). Identification of Critical Risks Factors in Public-Private Partnership Project Phases in Developing Countries—A Case of Nigeria. Benchmarking, 26, 334-355. https://doi.org/10.1108/BIJ-01-2017-0008
Berawi, M. A. (2019). Public-Private Partnership: Generating Mutual Benefits for Stakeholders. International Journal of Technology, 10, 1-4. https://doi.org/10.14716/ijtech.v10i1.2835
Bielenberg, A. et al. (2016). Financing Change: How to Mobilize Private Sector Financing for Sustainable Infrastructure. McKinsey Center for Business and Environment.
Casady, C. B., Eriksson, K., Levitt, R. E., & Richard Scott, W. R. (2020) (Re)defining Public-Private Partnerships (PPPs) in the New Public Governance (NPG) Paradigm: An Institutional Maturity Perspective. Public Management Review, 22, 161-183. https://doi.org/10.1080/14719037.2019.1577909
Chan, A. P., Tetteh, M. O., & Nani, G. (2020). Drivers for International Construction Joint Ventures Adoption: A Systematic Literature Review. International Journal of Construction Management, 10, 1-13.
Dominic, C. M. et al. (2016). A Review of Public Private Partnership on Some Development Projects in Nigeria. International Journal of Application or Innovation in Engineering & Management (IJAIEM), 4, 64-75.
Gao, L., & Zhao, Z. Y. (2020). The Evolutionary Game of Stakeholders’ Coordination Mechanism of New Energy Power Construction PPP Project: A China Case. Sustainability (Switzerland), 12, Article No. 1045. https://doi.org/10.3390/su12031045
Affordable Housing Delivery
Gurara, D., Klyuev, V., Mwase, N., Presbitero, A. F., Xu, C. X., & Bannister, G. F. (2017). Trends and Challenges in Infrastructure Investment in Low-Income Developing Countries. International Monetary Fund (IMF Working Papers). https://doi.org/10.2139/ssrn.3079560
Hayes, S., Desha, C., & Gibbs, M. (2019). Findings of Case-Study Analysis: System-Level Biomimicry in Built-Environment Design. Biomimetics, 4, 73. https://doi.org/10.3390/biomimetics4040073
Ibem, E., Onyemachi, P. C., & Yo-Vaughan, E. A. (2018). Project Selection and Transparency Factors in Housing Public Private Partnerships in Nigeria. Construction Economics and Building, 18, 15-40. https://doi.org/10.5130/AJCEB.v18i2.5771
Infrastructure Concession Regulatory Commission (2012). PPP Manual for Nigeria.
Izuwah, C. K. (2019). Unlocking the Potentials in the Housing Market through Public Private Partnerships (PPP) Investment Model (Volume 57). Central Bank of Nigeria Economic & Financial Review.
Kadiri, S. (2018). Nigeria and the Lack of Affordable Housing. Stears Business Research Publication. https://www.stearsng.com/article/nigeria-and-the-lack-of-affordable-housing
Kavishe, N. et al. (2019). Evaluating Issues and Outcomes Associated with Public-Private Partnership Housing Project Delivery: Tanzanian Practitioners’ Preliminary Observations. International Journal of Construction Management, 19, 354-369. https://doi.org/10.1080/15623599.2018.1435154
Kavishe, N., & Chileshe, N. (2020). Driving Forces for Adopting Public-Private Partnerships in Tanzanian Housing Projects. International Journal of Construction Management, 20, 912-927. https://doi.org/10.1080/15623599.2018.1502931
Liang, R., Wu, C., Sheng, Z., & Wang, X. (2018). Multi-Criterion Two-Sided Matching of Public-Private Partnership Infrastructure Projects: Criteria and Methods. Sustainability, 10, Article No. 1178. https://doi.org/10.3390/su10041178
McNelis, S. (2016). Researching Housing in a Global Context: New Directions in Some Critical Issues. Housing, Theory and Society, 33, 403-423. https://doi.org/10.1080/14036096.2016.1167121
Mobogunje, A. L. (2011). Land Reform in Nigeria: Progress, Problems & Prospects. Publication of the Presidential Technical Committee for Land Reform, Nigerian Federal Government.
Olugbenga, T. D. et al. (2019). Unleashing the Potentials of Housing Sector in Nigeria as Perceived by Users. International Journal of Built Environment and Sustainability, 4, 172-179. http://www.ijbes.utm.my https://doi.org/10.11113/ijbes.v4.n3.210
Oosterveer, P. (2019). Is Co-Living an Answer to the Affordable Housing Crisis? https://www.weforum.org/agenda/2019/05/co-living-answer-affordable-housing-crisis
Oshodi, B. A. (2018). Effectiveness of Public Private Partnership Models on Housing Delivery: A Study of Three Selected Housing Agencies in Lagos State, Nigeria.
Owolabi, H. A., Oyedele, L., Alaka, H., Ebohon, O. J., Ajayi, S., Akinade, O., Bilal, M., & Olawale, O. (2019). Public Private Partnerships (PPP) in the Developing World: Mitigating Financiers’ Risks. World Journal of Science, Technology and Sustainable Development, 16, 121-141. https://doi.org/10.1108/WJSTSD-05-2018-0043
Rana, F., & Izuwah, C. (2018). Infrastructure & Africa’s Development—The PPP Imperative. World Bank’s Infrastructure and Public Private Partnership Publication.
Sanda, Y. N., Anigbogu, N. A., & Daniel, M. M. (2017). An Assessment of Public Private Partnerships for Housing Projects in Bauchi State, North Eastern Nigeria. International Journal of Regional Development, 4, 35-50.
Sani, M., Abdulkadir, S., & Ahmed, S. U. (2018). Public Private Partnership Housing Projects Implementation in Bauchi State, Nigeria. International Journal of Research in Engineering and Innovation (IJREI), 2, 93-96.
Shi, J. et al. (2019). Investment Valuation Model of Public Rental Housing PPP Project for Private Sector: A Real Option Perspective. Sustainability, 11, Article No. 1857. https://doi.org/10.3390/su11071857 https://www.mdpi.com/journal/sustainability
Soecipto, R. M., & Verhoest, K. (2018). Contract Stability in European Road Infrastructure PPPs: How Does Governmental PPP Support Contribute to Preventing Contract Renegotiation? Public Management Review, 20, 1145-1164. https://doi.org/10.1080/14719037.2018.1428414
Triveno, L., & Hamilton, E. (2017). Three Misconceptions in the Way of Better Housing Policies. World Bank’s Building Sustainable Communities Research Publication.
UNCTAD (2018). World Investment Report: Investing in the SDGs: An Action Plan. United Nations Research Publication.
Wang, L., Zhou, L., Xiong, Y., & Yan, D. (2019). Effect of Promotion Pressure and Financial Burden on Investment in Public-Private Partnership Infrastructure Projects in China. Asian-Pacific Economic Literature, 33, 128-142. https://doi.org/10.1111/apel.12271
World Bank (2019). World Development Report. Development and Climate Change. World Bank.
World Bank Group (2018). Atlas of Sustainable Development Goals. Research Publication under World Development Indicators by the World Bank Group.
World Bank PPI Database (2018). Private Participation in Infrastructure Database.
Yamane, T. (1967). Statistics an Introductory Analysis (2nd ed.). Harper and Row.