It is no news that the construct and adoption of Public-Private
Partnerships (PPP) across governments around the world has been
geared towards solving respective infrastructural deficits coming
from constantly expanding obligations. Nigeria is no exception to
this, as she has embarked on a number of infrastructure projects
using the PPP model
In its most simplistic form, PPPs are long-term funding
arrangements between governments and private sector partner(s) to
provide public goods and services traditionally carried out by
governments. While a government's primary motivation in
embarking on a PPP is the provision of public goods and services at
the best value, the private party's primary motivation is
maximizing profit. Consequently, PPPs are a constant negotiation
playing field, where risk assessment, mitigation and allocation are
the parties' contending objectives. Accordingly, negotiating
the terms of a PPP project requires an effective blend of
analytical,
