Challenges in Implementing Public- Private Partnership (PPP) Projects in Nigeria

PPP projects are complex and often require strong fiscal and predictable regulatory frameworks. The absence of strong regulatory framework increase unpredictability and therefore project risks. These lower levels of predictability and resulting increased risks may lead to lower confidence by prospective private parties, demands for sovereign or other government guarantees, which may end up passing what should be private sector borne risks to government.

Do you know a situation where weak regulatory framework has affected a proposed PPP project or where increased project risk caused private parties to step back from a proposed project?

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