Having determined that political risk, demand risk and stakeholder
opposition risk were the most prominent risk factors affecting PPPs in
Nigeria, three case studies were used to evaluate how these risks have
been handled. The projects are the 26 ports concessions, the Murtala
Muhammed Airport terminal 2 (MMA2) BOT project and the Lekki toll
road concession. It is believed that the lessons learnt from these studies
will provide a tool for policy reforms leading to more successful projects.
Also, by adopting an interdisciplinary approach, the thesis ensures that its
findings and recommendations may easily be generalised across other
projects, economic sectors, and disciplines and even to other countries
in Sub-Saharan Africa, since these countries share the same socioeconomic
conditions with Nigeria.