Abstract
This Note will examine the regulatory and legal frameworks governing public-private partnerships (PPPs) in Nigeria and South Africa. This Note will also compare the enforcement, transparency, and effectiveness of PPPs within these legal and regulatory frameworks. Lastly, this Note will discuss the social and cultural impact of PPPs within Nigeria and South Africa. In comparing global, national, and local frameworks, this Note will examine why South Africa has made great progress and what Nigeria can adopt from South Africa’s success. This Note will also discuss recommendations Nigeria’s infrastructure industries can implement to develop a full PPP regime that will benefit not only the industries themselves but also stakeholders and neighboring communities.
The most vital recommendation is reform to Nigeria’s PPP framework. This Note suggests the implementation of a hybrid PPP framework to replace the current decentralized system. Further, this Note encourages serious consideration of marginalized tribal/ethnic groups and communities that will be affected by PPP projects. Lastly, this Note emphasizes the importance of consistency in PPP policies and programs in order to bring stability and legitimacy to the Nigerian PPP regime.
Keywords: public private partnership, ppp, nigeria, south africa, african business, africa, business, business law, ngo, nonprofit, nonprofit organization
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