ASSESSMENT OF NOTABLE PUBLIC- PRIVATE PARTNERSHIP (P3) PROJECTS IN KANO STATE
Keywords:
Assessment, infrastructure, public, private, partnershipAbstract
Kano state was created on 27'th May, 196 , as a component State of the Federal Republic of Nigeria. It is strategically located at the center of Northern Nigeria. Its economy is driven largely by commerce, manufacturing and agriculture that employed up to 70% of its population, directly and indirectly. Nonetheless, the economic development and growth of any nation or state (Kano state inclusive) has a strong co- relation with the quality and quantity of its infrastructure which by its nature, capital intensive with a long construction period. This mandated Kano state to device ways to fund the provision, revitalization and maintenance of its infrastructure. One of the financing model deployed is public -private partnership (P3). This article using doctrinal research method by way of content analysis, assesses twenty P3 projects and their method of procurement, business type, construction obligations, funding and status of implementation. The objective of the assessment is to understand the role P3 is playing in Kano's infrastructure market and to test the political will of the Kano state government for the engagement of private sector. One major finding of the article is, almost all the projects are directly negotiated and; many were halfway abandoned/terminated by government or disputed and are being ligated. This degree of uncertainty militates against the existence of an enabling environment needed for P3 to flourish. Hence, it is recommended for the Kano state to formulate a robust, structured P3 model.