Problems and Prospects of Public-Private Partnership in Urban Housing Delivery in Nigeria.

Abstract

This Chapter examines the problems and prospects of public-private partnership in housing delivery in Nigeria. The paper argues that the adoption of public- private partnership is imperative for the achievement of sustainable housing delivery at all levels in the country, particularly in the areas of land acquisition, housing design, construction and supervision, housing finance and property management. The paper identifies the major problems of public-private partnership in housing delivery in Nigeria to include lack of regulatory and institutional framework for adoption of public-private partnership in housing delivery, gross inadequacy of basic infrastructure for housing provision, corruption, absence of reliable data on risk and return on housing investments in Nigeria and attitude of Nigerian investors towards risk and concludes that successful implementation of public-private partnership housing projects in Nigeria require good regulatory and institutional framework in which the principles and procedures guiding such public-private partnerships are clearly spelt out for each class of housing schemes which are to be delivered.