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Nigeria: Make Public Information On PPPs, World Bank Tells Government

Nigeria: Make Public Information On PPPs, World Bank Tells Government
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Make Public Information on PPPs, World Bank Tells Government

Bennett Oghifo
The World Bank Group has recommended that governments ensure full disclosure in respect of infrastructure projects proposed for public-private partnerships (PPPs) to remove elements of suspicion and to encourage acceptance.
Nigerian governments, federal and states, have been struggling, unsuccessfully so far, to evolve sustainable PPPs, making it imperative for them to heed the World Bank’s advice.
“At the World Bank Group, we believe that information is critical when governments make decisions about what infrastructure projects to prioritise; how people, businesses, and the environment will be affected; and which procurement method best meets government goals and public needs,” said the Group in a statement, recently. ....

Bennett Oghifo , World Bank Infrastructure , World Bank Group , World Bank Group Framework For Disclosure , Transaction Advisory Services , World Bank , World Bank Benchmarking Infrastructure Development , Partnership Disclosure Portal , World Bank Group Open Learning Campus , Implementing Disclosure , Benchmarking Infrastructure Development , Disclosure Web Portal , Public Private Partnership Disclosure Portal , Infrastructure Finance , Guarantees Global Practice , Advisory Services , World Bank Group Framework , Public Private Partnerships , Jurisdictional Studies , Good Practice , Open Learning Campus , உலகம் வங்கி உள்கட்டமைப்பு , உலகம் வங்கி குழு , உலகம் வங்கி குழு கட்டமைப்பு க்கு வெளிப்படுத்தல் , உலகம் வங்கி , உலகம் வங்கி மட்டக்குறியிடல் உள்கட்டமைப்பு வளர்ச்சி ,

When it comes to PPPs, ignorance is not bliss

When it comes to PPPs, ignorance is not bliss
Image depicting a person performing an audit | © Shutterstock, create jobs 51
What you don’t know, can’t hurt you. Or so the saying goes. But when it comes to prioritizing and procuring infrastructure projects, ignorance is not bliss!
At the World Bank Group, we believe that information is critical when governments make decisions about what infrastructure projects to prioritize; how people, businesses, and the environment will be affected; and which procurement method best meets government goals and public needs.
Like other procurement methods, public-private partnerships (PPPs) require good infrastructure governance. This includes planning, setting fiscal appropriations, and proper preparation and tendering of projects. But this knowledge is not just important for governments it is crucial that citizens also have access to information about projects that affect them. ....

World Bank Infrastructure , World Bank Group , World Bank Group Framework For Disclosure , Transaction Advisory Services , World Bank , World Bank Benchmarking Infrastructure Development , Partnership Disclosure Portal , World Bank Group Open Learning Campus , Implementing Disclosure , Benchmarking Infrastructure Development , Disclosure Web Portal , Public Private Partnership Disclosure Portal , Infrastructure Finance , Guarantees Global Practice , Advisory Services , World Bank Group Framework , Public Private Partnerships , Jurisdictional Studies , Good Practice , Open Learning Campus , உலகம் வங்கி உள்கட்டமைப்பு , உலகம் வங்கி குழு , உலகம் வங்கி குழு கட்டமைப்பு க்கு வெளிப்படுத்தல் , உலகம் வங்கி , உலகம் வங்கி மட்டக்குறியிடல் உள்கட்டமைப்பு வளர்ச்சி , கூட்டு வெளிப்படுத்தல் போர்டல் ,