Record Details

Private Sector Participation in Financing Road Network in Nigeria: A Critical Review of the BOT Model

International Journal of Development and Management Review

View Archive Info
 
 
Field Value
 
Title Private Sector Participation in Financing Road Network in Nigeria: A Critical Review of the BOT Model
 
Creator Omoke, PC
 
Description The 'build-operate-transfer' concession or BOT model has become a popular finance option in both developed and developing countries for infrastructural development. However,
achieving the basic BOT objectives of quick, efficient and privately financed infrastructure has proven to be difficult due to inherent issues that, most times, are left unattended to by
parties to BOT agreement. This study identifies such critical issues as contractual incompleteness, financial and political uncertainties. The study recommends that these critical issues have to be addressed before a country like Nigeria with a glaring weak and corrupt legal system, shaky and weak financial system and political instability will begin to enjoy the advantages in the BOT framework.

Keywords: BOT model, Private sector financing, Road network
 
Publisher Directorate of General Studies, FUT, Owerri
 
Contributor —
 
Date 2010-02-16
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://www.ajol.info/index.php/ijdmr/article/view/47956
 
Source International Journal of Development and Management Review; Vol 3, No 1 (2008); 133-140
 
Language eng
 
Relation https://www.ajol.info/index.php/ijdmr/article/view/47956/34323
 
Rights Either the Editor, the Editorial Board (individually or collectively) or the Development and Management Study Group (DMSG) assumes any responsibility for statements of facts or opinions in the papers published and are therefore absolved of any legal liability. The authors are in every way responsible for the contents of individual articles.Reproduction of any sort, including photocopying of this journal or portions of it, or any storage whatsoever, by any person(s) without prior permission of the copyright owners, is prohibited.© Copyright reserved by Development and Management Study Group (DMGS)