Reliable infrastructure is a trigger for national development and one of the key elements in providing an enabling environment that would attract private sector to participate in infrastructure delivery through Public-Private Partnerships (PPP) is a sound legal framework. Research has shown that Nigeria has gross infrastructural deficit therefore, the need to explore options for infrastructural delivery. This research analyzed the legal and regulatory framework for provision for infrastructure through PPP, its challenges and prospects. The research problem identified is whether the legal framework for delivery of PPP Projects in Nigeria is adequate, and unambiguous. The doctrinal otherwise known as the library based research and empirical (semi structured interviews) research methods were adopted in conducting this research. The powers of the Infrastructure Concession Regulatory Commission (ICRC) were found to be supervisory with no evidence of penalizing non-conforming parties or having the powers to so penalize; While a Policy usually precedes the law, with the ICRC Act it is vice versa; overlap in functions of PPP delivering institutions in the FCT and lack of synergy.
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Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.