Paper presented by Senator Iyiola Omisore, Guest Speaker at the 10th Obafemi Awolowo University Roundtable held at Obafemi Awolowo University in Ile-Ife, Osun State, Nigeria, 12th April, 2017.

1. Public Private Partnership:
Solution to the Infrastructure Deficit in Nigeria
Dr. Iyiola Omisore PhD; C.Eng; FNSE, CON
12th April 2017

2. 10th Roundtable
The Staff Club
Obafemi Awolowo University
Ile-Ife
COURTESY CALL TO THE VICE CHANCELLOR
OBAFEMI AWOLWO UNIVERSITY
From left to right:
Mr. Dotun Awoyemi (Registrar)
Prof. Anthony Elujoba (Vice Chancellor)
Dr. Iyiola Omisore (Chairman, Chrisore Engineering Limited)

3. 10th Roundtable
The Staff Club
Obafemi Awolowo University
Ile-Ife
Prof. Anthony Elujoba (Vice Chancellor)
with Dr. Iyiola Omisore (Chairman, Chrisore Engineering
Limited) with other guest and stakeholders as they arrive
at the venue for the 10th Roundtable, OAU Staff Club

4. Infrastructure Financing
An Outdated Model
Government
Design and Finance
Private Sector (Contractor)
Build and Deliver
Government
Manage and
Maintain

5. 10th Roundtable
The Staff Club
Obafemi Awolowo University
Ile-Ife
From left to right:
Prof. Anthony Elujoba (Vice Chancellor)
Dr. Iyiola Omisore (Chairman, Chrisore Engineering Limited)
Prof. ‘Dibu Ojerinde (Former Registrar, JAMB) and
Chairman, 10th Roundtable, OAU Staff Club

6. 10th Roundtable
The Staff Club
Obafemi Awolowo University
Ile-Ife
From left to right:
Prof. ‘Dibu Ojerinde, Chairman
10th Roundtable, OAU Staff Club
Dr. Iyiola Omisore
Chairman, Chrisore Engineering Limited
As the Roundtable starts

7. Operational Models Under PPP
1. EPC Contracts
2. Franchise
3. Lease-Maintain
4. Concession
5. Build-Rent-Transfer (BRT)
6. Build-Transfer-Operate (BTO)
7. Build Operate and Transfer (BOT)
8. Design-Bid-Build (DBB)
9. Design-Build-Finance-Operate (DBFO)
10. Design-Build-Maintain-Finance (DBMF)
11. Rehabilitate-Operate-Transfer (ROT)
12. Rehabilitate-Lease-Transfer (RLT)

8. 10th Roundtable
The Staff Club
Obafemi Awolowo University
Ile-Ife
From left to right:
Representatives of the Ooni of Ife
Oba Mayowa Fayemi, Elerefe of Erefe
Oba Adekunle Adebowale, Agbolu of Agbaje
Iyiola Omisore (Chairman, Chrisore Engineering Limited)
Prof. ‘Dibu Ojerinde, Chairman, 10th Roundtable, OAU Staff
Club

9. 10th Roundtable
The Staff Club
Obafemi Awolowwo University
Ile-Ife
From left to right:
Prof. (Mrs.) Grace Akinola, Dean of Students Affairs engages
Dr. Iyiola Omisore (Chairman, Chrisore Engineering Limited) as
she settles him and anticipates a vibrant debate.

10. Key Constraints to PPP in Nigeria
1. Unstable political commitment
• Policy changes with change in
government
• Previous commitments not honoured
2. Weak legislative framework
• Infrastructure Concession Regulatory
Commission Act 2005
• Largely monitoring and policy making
• Ineffective powers to enforce
compliance
• Public Procurement Act 2007
3. Inadequate provisions in the legal framework
4. Limited macro-economic policies to safeguard
investor interest
5. Capacity gaps in commercial and industrial
banks
6. Knowledge deficit
• Regulatory
• Risk Management and Mitigation
• Partnership Management
7. Lack of investor confidence in justice system

11. 10th Roundtable
The Staff Club
Obafemi Awolowo University
Ile-Ife
Engaged and attentive participants
at the 10th Roun table
A well received delivery

12. 10th Roundtable
The Staff Club
Obafemi Awolowo University
Ile-Ife
Question time!
Prof. Charles Ukeje (International Relations) joins the debate.
Dr. Iyiola Omisore enthusiastically responds while the Chair of
the 10th Roundtable, Prof ‘Dibu Ojerinde listens intently

13. Recommendations
1. Ensure stable political will and
commitment
2. Enable legislation through
strengthened systems
• The justice system including
enforcement
3. Strengthen financial institution
• commercial and industrial banks;
4. Build capacity for inclusive
partnership management
5. Increase competencies for
management of PPP in both
private and public sectors
6. Investment in knowledge
management

14. 10th Roundtable
The Staff Club
Obafemi Awolowo University
Ile-Ife
THE VICE CHANCELLOR VALUES THIS VIST
From left to right:
Prof. Anthony Elujoba (Vice Chancellor)
Dr. Iyiola Omisore (Chairman, Chrisore Engineering
Limited)

15. 10th Roundtable
The Staff Club
Obafemi Awolowo University
Ile-Ife
STUDENTS OF THE UNIVERSITY SHOW THEIR
APPRECIATION OF THE GUEST AND HIS DELIVERY

16. Dr. Iyiola Omisore PhD; C.Eng; FNSE, CON
12th April 2017