Effectiveness of Public-Private Partnership Initiatives on Transportation Management in Nigeria: Empirical from Lagos Metropolitan Area Transport Authority (Lamata)
Journal: Sumerianz Journal of Social Science (Vol.2, No. 11)Publication Date: 2019-11-15
Authors : Wasiu Abiodun Makinde;
Page : 251-255
Keywords : Public-private partnership; New public management; Concession; Risk-sharing; Metropolitan.;
Abstract
Public-Private Partnership is a model of New Public Management advocating for private sector involvement in the core function of government, especially social service delivery. The study examined the effectiveness of Public-Private Partnership on the transportation management in Nigeria using Lagos Metropolitan Area Transport Authority (LAMATA) as area of study. It reviews the concept of Public Private Partnership, relevant empirical and adopted transaction cost theory. The study adopted descriptive research design with administration of 77 questionnaires to randomly selected respondents that represents 40% of the total population. Also, interview was conducted for 3 selected heads of unit in LAMATA office, to elicit information on the study. The study discovered that Public Private Partnership has improved procurement of vehicle for public transport, reduce traffic and enhance revenue generation of the government. It concluded among other, that Public Private Partnership has been able to improve transportation service in Lagos state.
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