Identify the Constraints and Limitations of Using Private Finance Initiative (PFI) for Social Housing Delivery in Nigeria

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Acknowledgement

I would take this opportunity to thank my research supervisor, family and friends for their support and guidance without which this research would not have been possible.

DECLARATION

I, [type your full first names and surname here], declare that the contents of this dissertation/thesis represent my own unaided work, and that the dissertation/thesis has not previously been submitted for academic examination towards any qualification. Furthermore, it represents my own opinions and not necessarily those of the University.

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Abstract

In a developing country like Nigeria, the housing problem basically relates to quantitative and qualitative inadequacies. On the supply side, various government policies in the past have been formulated towards overcoming the huge shortage through several Housing Reform Programmes. Despite these past efforts, housing continues to be a mirage to ordinary Nigerian. Currently, there are various mass housing delivery Programmes such as the affordable housing scheme that utilize the Public Private Partnership effort and several Private Finance Initiative models could only provide for about 3% of the required stock. This suggests the need for a holistic solution in approaching the problem. While the quality of the existing stock is also under a heavy scrutiny in term design and desired functions including acceptable livable neighborhood, 87% of the existing stocks are backlogs which are stocks that do not meet the minimum quality requirement. This paper reviews the past and current housing delivery Programmes in Nigeria and analyses the demand and supply side issues. It identifies the various housing delivery mechanisms in current practice and suggests a holistic programme to address the huge housing shortage in Nigeria.

Table of Contents

ACKNOWLEDGEMENTII

DECLARATIONIII

ABSTRACTIV

CHAPTER 1: INTRODUCTION1

Background of the study1

Problem Statement4

Purpose of the study5

Significance of the Study5

Rationale/ Nature of the study6

CHAPTER 2: LITERATURE REVIEW8

CHAPTER 3: METHODOLOGY36

Research Philosophy: Positivism Or Phenomenology37

Research Approach: Inductive Or Deductive38

Research Technique: Qualitative Or Quantitative39

Research Design39

Literature Search40

Keywords40

Resources41

Nature Of Data41

Ethical Issues41

CHAPTER 4: DISCUSSION43

CHAPTER 5: CONCLUSION & RECOMMENDATIONS57

Criticisms of PFI59

Recommendations & Solution60

Questions Useful For Defense62

REFERENCES67

Chapter 1: Introduction

Background of the study

Housing is very fundamental to the welfare, survival and health of individuals. This is why international concern has been growing over the deteriorating housing conditions in urban areas of developing nations, Central and Eastern Europe (UN 1996:49). This issue was highlighted at the United Nations Habitat I Conference held in Vancouver in 1976; during the International Year of Shelter for the Homeless in 1987; and at the Habitat II Conference held in Istanbul in 1996. Consequently, great attention has been paid in most developing countries by academics, professionals and decision makers alike to the “housing problems and to the design of housing policies to combat that problem” (Dewar 1979:105). Despite this, housing shortages still persist in most parts of the world especially in developing world nations among which is Nigeria. Thus, housing shortage is the main basis for developing national housing policies (UN 1996:18). Globally, in order to meet the enormous housing challenges particularly in developing countries including Nigeria, the international community established the Habitat ...