PUBLIC PRIVATE PARTNERSHIP IN THE MANAGEMENT OF COVID-19 PANDEMIC IN NIGERIA: A STUDY OF PRIVATE SECTOR COALITION AGAINST COVID-19 (CACOVID)
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
Background to The Study
A partnership is a multi-faceted, multi-layered concept and process. What actors are involved, how they understand the concept and what their strategic intentions are all factor into the shape of the partnership and whether or not it is an optimal solution to a challenge. Cross-sectoral partnerships among different sectors of society, namely the public, private and social sectors are gaining popularity for expanding social and economic development in the face of growing global challenges. Public Private Partnership (PPP) describe a government service or private business venture which is funded and operated through a partnership of government and one or more private sector companies. PPPs involve a contract between a public sector authority and a private party, in which a public service or project is provided (Ngoconnect, 2011). PPP can be complex conceptually and in actuality. The complexity of the PPP will depend on the actors involved, the scale of the objectives, the time frame, and the obligations (logistical, moral, financial, etc.) each partner has to the other partner. Additionally, PPPs can have different meanings to different organizations; depending on the underlying premises and ideological commitments of the actors involved. Public-private partnerships can lead to the production and provision of goods and services that may not have otherwise been possible to the same degree, or 2 at all. Governments, and increasingly businesses, realize that topics like poverty, health, migration, and climate change must be addressed. Ignoring such issues will have an adverse effect on government and business activities, thus the need for collaboration between government and businesses. Naturally, public and private actors want to enter partnerships that will help them to achieve their organizational goals. For the private entity that often will mean profit; for the public actor it could be an improvement in the overall well-being of its constituents. Often public and private partners share long-term goals, even if they have different motivations for initially entering into a partnership. Some PPPs are formed in order to improve effectiveness and efficiency. Others are formed so that the partners can offer new goods and services that neither partner was able to provide on its own. PPPs may be formed for political or ideological reasons, as a policy tool, or as a symbolic effort. Some PPPs are seen as a moderate alternative, striking a balance between pure privatization and strictly marketdriven mechanisms on the one hand, and purely state-led action on the other. PPP can also be formed for humanitarian aid provisions to improve the welfare of citizens and not for financial or political benefits of the parties involved. Public-private partnerships have become a popular way for governments to engage private actors in the delivery of government infrastructure and services with the aim of increasing quality and providing better value for money (Auzzir, Haigh, Amaratunga, 2014). The main aim of PPP is to expand the range of service providers beyond traditional public sector monopolies and inject a measure of dynamism, increase coverage, innovation, efficiency and cost recovery.
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