Дата публикации: 18-07-2026 00:00:00

Nigeria has constantly struggled to achieve sustainable economic development,
especially with major infrastructural shortage in areas of energy, healthcare,
education and other major sectors. These shortages hinder the nation’s progress;
reduce the quality of life; and limit opportunities for job employment, poverty
alleviation and economic diversification. Both the public and private sectors have
made efforts to address these issues independently, but their efforts have often fallen
short of achieving sustainable economic development. The public sector enterprises
often encounter constraints such as lack of funding, bureaucratic delays, and
governance related issues; while the private sector initiatives face regulatory
challenges, market risks and limited access to public support systems. Due to these
constrains, Nigeria’s economic growth remains inferior, and social inequities persist,
preventing broad-based development and rebounding. Considering these issues,
this study aims to examine how public-private partnerships can be used to advance
sustainable economic development in Nigeria. It also examines the legal and
regulatory framework, and the current state of public-private partnerships in
Nigeria. Using a doctrinal research methodology, the study finds that while PPPs
have been successfully applied to certain projects in the country, there are still gaps
in the legal and regulatory frameworks, weak institutional capacity which can create
significant challenges to private investors and political instability which can hinder
the execution of long-term projects. To enjoy the full benefits of PPPs, the study
recommends that the government should strengthen legal, regulatory and
institutional frameworks, create a transparent environment for local and foreign
investors, and promote financial sustainability through sourcing for alternative
funding mechanisms.

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