PPP/PFI/P3 CONSULTING

Public-private partnership (PPP) and Private Finance Initiative (PFI)/P3; represent a joint business venture between government entities and one or more private sector companies, private partners for the purpose of supporting the delivery of public services or financing, designing, building, operating and/or maintaining certain projects. These three very simple options are applied slightly differently according to developed plans by each country and its laws and can operate under very slightly varied terms without defeating the purpose of partnerships.

However the disadvantages is that the Government is at risk of losing billions of Naira if due process isn’t applied during negotiation. Additionally without proper risk analysis and due diligence, the partner could put the government at a loss due to prolonged sharing of profit even after Return on investment (ROI) is achieved.

There are several types of public-private partnership contracts (often known as PPPs, PFI,
P3s) Afew mentioned below: