Financing infrastructure and growth: lessons and experience.

dc.contributor.authorAhmed, M.
dc.date.accessioned2018-10-18T13:22:30Z
dc.date.available2018-10-18T13:22:30Z
dc.date.issued2011-12
dc.description.abstractInfrastructure forms the foundation for all development in a country. Inadequate infrastructure restricts productivity and limits competitiveness. A 2008 Infrastructure Consortium for Africa (ICA) study identified the dearth of infrastructure, amongst many other constraints, as responsible for Nigeria‘s low level of performance in all the key economic performance variables. Indeed, Nigeria‘s diminished competitiveness (127 of 142) could be directly attributed to the abysmal level of infrastructure development in the country. Nigeria‘s stock of basic infrastructure falls far short of the minimum required for meeting the demands of a 21st-century global economy. The paper would address the issue of finance for infrastructure, the adequacy or otherwise of the traditional annuall budgetary allocation, and alternative methods for funding infrastructure. The potentials of the stockmarket in filling the financing gap, option of Public Private Partnership (PPP) arrangement in upscaling our infrastructure will be examined. The paper covers an assessment of the merits and demerits of PPP, the PPP process and framework in Nigeria, and how Nigeria could benefit from the experiences of other jurisdictions.en_US
dc.description.provenanceSubmitted by Nneka Ebonka (nebonka@gmail.com) on 2018-10-09T13:46:15Z No. of bitstreams: 1 Financing Infrastructure and Growth- Lessons and Experience.pdf: 681199 bytes, checksum: 1bec43e51f67f4d7580f2ba2e337dd0a (MD5)en
dc.description.provenanceApproved for entry into archive by Ifeanyichukwu Ohaju (ifohaju@gmail.com) on 2018-10-18T13:20:54Z (GMT) No. of bitstreams: 1 Financing Infrastructure and Growth- Lessons and Experience.pdf: 681199 bytes, checksum: 1bec43e51f67f4d7580f2ba2e337dd0a (MD5)en
dc.description.provenanceApproved for entry into archive by Ifeanyichukwu Ohaju (ifohaju@gmail.com) on 2018-10-18T13:22:14Z (GMT) No. of bitstreams: 1 Financing Infrastructure and Growth- Lessons and Experience.pdf: 681199 bytes, checksum: 1bec43e51f67f4d7580f2ba2e337dd0a (MD5)en
dc.description.provenanceMade available in DSpace on 2018-10-18T13:22:30Z (GMT). No. of bitstreams: 1 Financing Infrastructure and Growth- Lessons and Experience.pdf: 681199 bytes, checksum: 1bec43e51f67f4d7580f2ba2e337dd0a (MD5) Previous issue date: 2011-12en
dc.description.sponsorshipCentral Bank of Nigeriaen_US
dc.identifier.citationAhmed, M. (2011). Financing infrastructure and growth: lessons and experience. Economic and Financial Review, 49(4), 179-191.en_US
dc.identifier.issn1957-2968
dc.identifier.urihttp://repo.cbn.gov.ng/jspui/handle/123456789/401
dc.language.isoenen_US
dc.publisherCentral Bank of Nigeria, Research Department.en_US
dc.relation.ispartofseriesVol. 49;No. 4
dc.subjectPublic Private Partnership,en_US
dc.subjectInfrastructure development financing,en_US
dc.subjectDomestic capital market,en_US
dc.subjectInfrastructure Concession Regulatory Commission (ICRC).en_US
dc.titleFinancing infrastructure and growth: lessons and experience.en_US
dc.typeArticleen_US

Files

Original bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
Financing Infrastructure and Growth- Lessons and Experience.pdf
Size:
665.23 KB
Format:
Adobe Portable Document Format
Description:
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.61 KB
Format:
Item-specific license agreed upon to submission
Description: