Public Private Partnerships In Nigeria

The client is an experienced healthcare operator and investor looking to bid for a private public partnership arrangement with the Lagos State Government to build a 140-bed state-of-the-art-hospital catering to a wide range of medical needs and setting new standards for healthcare delivery in Lagos and valued at N49 billion (the "Lagos Medipark").

At the time of engagement, (a) promoters faced a tight deadline to prepare and submit their bid, necessitating rapid yet thorough legal and technical reviews; (b) the diverse nature of the consortium members made it essential to quickly draft and negotiate preliminary consortium arrangements to clearly define roles, responsibilities, and liabilities; and (c) it was also of utmost priority to promoters that critical legal issues in the draft Public Private Partnership Agreement with the Lagos State Government be addressed in a timely manner.