PPP Projects in the Education Sector in Nigeria is not yet active. Successive administrations have brought up various policies to improve access to education, often not looking at enhancement of quality of education. In 2004, the free Universal Basic Education (UBE) was introduced. However, these policies have not translated to improved quality of education. The achievement gap has continued to widen and deteriorate.
The need for private investment is thus imperative to expand infrastructure and provide greater access to quality higher education. Public private Partnership is an initiative that involves New Management Practices and Public Governance.
PPP is a means of introducing private sector technology and innovation in providing better public services such as education through improved operational efficiency, incentivizing the private sector to deliver projects on time and within budget as well as a means of risk sharing between the government and the private sector.
In addition to the above, this White Paper prepared by the Brickstone Africa Team, in much more detail explains a Public-Private Partnership in Education and what are the Key Commercial Considerations