IMPACT OF PUBLIC PRIVATE PARTNERSHIP ON ROAD PROJECTS IMPLEMENTATION IN FEDERAL CAPITAL TERRITORY (F.C.T.), ABUJA, NIGERIA

Abstract

The study assessed the activities of public private partnership (PPP) and assessed its effects on finance of execution of road projects in Federal Capital Territory (FCT) Abuja; Nigeria. It also examined the legal framework in public private partnership road projects executed in the study area. This was with a view to determine the mechanism for recovery of funds invested in public private partnership road projects executed in Federal Capital Territory. The study covered the public private partnership road projects in Abuja. The respondents were categorized into five, namely: Department of Mass Housing, Department of Engineering, Department of Economic Planning, all from the Federal Capital Development Authority (FCDA), Berger Construction Company Plc; and Dantata & Sawoe. The total number of the population was 8,267 while the sample for the study was 382 using Yamane’s statistical distribution formula. A total of 382 respondents were used for the study. The research instrument used was questionnaire. The questionnaire elicited information on the issues related to the objectives of the study. Data were also obtained from the relevant records. The data collected were analysed using appropriate descriptive and inferential statistics. The result showed among others that there was significant difference between finance in PPP and road projects executed (X 2 = 43.576; P < 0.05). The study further showed that the organisations complied with the legal framework during execution of road projects in Abuja (X 2 = 43.576; P < 0.05). Also, there was mechanism for recovery of fund invested on road projects by PPP in FCT (X 2 = 55.539; P < 0.05). It was concluded that public private partnership is very vital in the development of any society, due to the effectiveness of PPP in execution of road projects. Therefore, government should continually engage PPP in projects management in Nigeria.