"Public Private Particiption (PPP)" in Transport Sector

Daniel Backs Petroleum Tax Law
Our Reporter, Daily Champion
27 June 2010
Lagos — Presenting a paper at the Road and Transportation Congress of the 8th Nigeria Development Forum (NDF), held at the Nigeria Institute of International Affairs (NIIA), Victoria Island, Lagos, the Governor said the paucity of fund available for the sector necessitated alternative funding, adding that the step taken by the Federal government was laudable and should be supported.

Daniel, who was represented by his Special Adviser on Works and Infrastructural Development, Mr. Kehinde Oshikoya, an engineer, submitted that the experience of the developing world has shown that the importance of well-planned, well built, well-run and well-managed transportation was directly proportional to the quality of life of the citizenry hence, the need to endure adequate funding of the sector.
According to him, the huge capital outlay for the provision of an efficient transportation system was too heavy for government alone, saying that the private participation in infrastructure development through Public-Private Participation (PPP) would enhance efficiency, broaden access and improve the quality of public services.
"Ogun State has developed regulatory and monitoring institutions to enable the private sector play a greater role in the provision of infrastructure, manage some public services and as well design, build finance and operate some of those infrastructure", he said.
He contended that the PPP mode has good economic reasons, including the acceleration of investment in new infrastructure and upgrading of existing ones to a satisfactory standard, ensuring that all investment projects provide value for money while costs to government are affordable after allowing for economic growth.
The Governor disclosed that the need for a comprehensive evaluation of the potentialities, opportunities and challenges in the state and overcome such challenges necessitated the conduct of a Regional Plan (2005 - 2025) which he noted would capture the vision of the government in having a holistic integrated, actionable and measurable development concept, including the Road and Transport Sector.
The fallout of the Regional Plan has resulted in the putting in place many relevant institutions in the transport sector. They are among others; Ogun State Road Management Agency (OGROMA), Traffic Compliance and Enforcement Corps (TRACE) Parks and Garages Development Board (PAGADEB), Ministry of Water Resources and Rural Development and Rural Road Development Agency" he explained.
Otunba Daniel noted with delight that OGROMA has continued to make its mark in the construction of roads and bridges which are spread across all parts of the State while also engaging in general rehabilitation of roads, special projects and dualization projects.
The Governor stated that the Agency, as a way of encouraging and empowering local professionals, has adopted the direct labour option in project delivery by engaging government Engineers, Surveyors and other allied Professionals who would, hitherto, sit back in their offices expecting to only go out to monitor road projects.