Institutional Evaluation of Public and Private Partnerships Relevant Contributions to Housing Delivery System
Open Access
Article
Conference Proceedings
Authors: Babatunde Fatai Ogunbayo, Clinton Aigbavboa, Didi Thwala, Opeoluwa Akinradewo, Olusegun Oguntona
Abstract: Housing provision through institutional contributions has helped Public-Private Partnerships (PPPs) provide a sustainable strategy for promoting and accelerating housing development for national development and growth. This study aimed to evaluate the relevant contribution of institutions involved in the PPPs housing delivery system using Lagos State, Nigeria as a case study. A systematic random sampling method was used, and questionnaires were distributed to 124 professionals in government and private institutions that participate in the PPPs housing delivery system. The result indicated that the relevant contribution of the public institution is majorly land and site and services, while its fragility includes bad administration, lacking a good financial base, and capacity to absorb risk factors. On the other hand, a private institution provides a good financial base, equipment, labour, and plant with good management responsibility and ready to absorb risk. While factors such as unstable government policy and economic conditions affect private institutions in the PPPs housing delivery system. The study recommended that for public and private institutions to annex the benefit of contributing to the PPPs housing delivery system, the government needs to repeal the present act of law such as the 1978 land use act through an act of legislation, in order to provide easy access to land for investors and to improve on its site and services by making necessary provision like access road, electricity, drainage, good layout drawing early before the commencement of future PPPs housing project.
Keywords: Housing, Housing delivery system, Public institution, Private institution, Public-private partnership
DOI: 10.54941/ahfe1002374
Cite this paper:
Downloads
287
Visits
599