Financing Development Initiatives In Nigeria;
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Date
2009
Authors
Obademi, O.E.
Egunjobi, T.A
Journal Title
Journal ISSN
Volume Title
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Abstract
This paper focuses on the quest to fast-track the development of Nigeria through infrastructural development with emphasis on the importance of taking the public-private partnership option at this stage of our national development with a background introspection to the inefficiency of a public sector dominated economic system. The body of the paper also defined workable frameworks that could be adopted for an effective and efficient public-private partnership to thrive without loosing sight of
possible challenges in respect' of exogenous and endogenous risks as well as other externalities and the possible adoption of the Pigouvian -corrective tax. In conclusion, it is suggested that the public-private partnership engagement in public works, should go beyond public financing initiatives to include the bringing on board the well proven
management capability of private sector players
Description
Staff Publication
Keywords
Financial Development , Public - Private Partnership
Citation
Obademi,O.E. and Egunjobi, T.A. (2009) Financing Development Initiatives In Nigeria: The Public-Private Partnership Option. The Nigerian Journal of Economic and Management Studies Vol. 4, (1), p. 172 - 180.