NSC seeks to promote PPP as alternative financing for infrastructure projects

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• Says partnership is not just a procurement option


The Nigerian Shippers Council (NSC) is calling for the promotion of public-private partnership (PPP) among stakeholders as an alternative source of financing for infrastructure projects in Nigeria.

Speaking in Abuja during the third quarter of the PPP Forum, NSC Executive Secretary Emmanuel Jime said partnership between the two sectors is the most viable means of infrastructure development.

He said that since its inception, the forum has contributed immensely to knowledge sharing and capacity building for PPP projects.

Represented by the Deputy Director, Public-Private Partnership (PPP), Mustapha Zubeiru, the Executive Secretary explained that “it is important that PPP is increasingly seen as a tool for development rather than just an option for supply.

“This means that, by its very nature, the PPP should be able to increase the country’s infrastructure as a major catalyst for economic growth and development.

“Thus, public-private partnership (PPP) as a means of financing requires periodic updates in terms of regulatory framework and capacity building for both public and private sectors.”

Jime called on the Infrastructure Concession Regulatory Commission (ICRC) and the head of department to support the promotion of PPP efforts for growth and infrastructure development in the country.

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