Your Nigerian Economist

Your Nigerian Economist

Inclusive growth lies at the heart of Nigeria's development. From macroeconomic policies to energy resources; trade to development topics, Your Nigerian Economist engages the citizenry in discussing relevant economic issues and proffers solutions towards a fairer, more developed economy.

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Public Private Partnerships: in the absence of infrastructure

Mma Amara Ekeruche

Mma Amara Ekeruche

Amara works as a Research Associate at the Centre for the Study of the Economies of Africa (CSEA). She holds a BA (first class) in Economics from Kwame Nkrumah University of Science and Technology, Ghana and an MSc in Economic Policy from University College London.

Nigeria needs to invest $3 trillion over the next 30 years to plug the gap. That is about ten times our annual GDP and more than the entire French and British economies. Meanwhile, Nigeria’s annual budget is about $30 billion; so, even if the Federal government spent all its money on infrastructure, it would take 100 years for us to fill the gap.

 

Before the start of the millennium, Nigeria's national delivery service was appalling, marked by delays in mail delivery, high service charges and generally unreliable services.

Fast forward nearly 20 years, and there are many positive reviews of the Nigerian Postal Service (NIPOST): within three days, at an affordable cost, mails can be couriered to any part of the country.

What changed? The answer is private sector intervention.

In June 2000, former President Olusegun Obasanjo launched the National Mail Route Network (NMRN) which outsources our mail delivery service to private transport operators to enhance the mail distribution system of NIPOST.

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