Kano State Government has maintained that it adopted the Public-Private Partnership (PPP) model in selling public proper

Kano State Government has maintained that it adopted the Public-Private Partnership (PPP) model in selling public property to rejuvenate the state’s economy and infrastructure deficit.⁣
It also refuted the allegation by the opposition that the government was selling the public property outright to private entities.⁣
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In a statement signed by the Commissioner for Information, Muhammad Garba, the government disclosed that the said property was rather managed under the PPP concept, which was grossly misunderstood by the public.⁣
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According to the statement, the government took the decision to revitalise under-performing assets in partnership with willing investors, as part of moves to bring Kano at par with modernity for befitting mega city status.⁣
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“The PPP arrangement, one of the best global practices, is a long-term contract between the private sector and a government agency for providing a public asset or service, in which the private party bears significant risk and management responsibility.⁣
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Kano State Government has maintained that it adopted the Public-Private Partnership (PPP) model in selling public property to rejuvenate the state’s economy and infrastructure deficit.⁣
It also refuted the allegation by the opposition that the government was selling the public property outright to private entities.⁣

In a statement signed by the Commissioner for Information, Muhammad Garba, the government disclosed that the said property was rather managed under the PPP concept, which was grossly misunderstood by the public.⁣

According to the statement, the government took the decision to revitalise under-performing assets in partnership with willing investors, as part of moves to bring Kano at par with modernity for befitting mega city status.⁣

“The PPP arrangement, one of the best global practices, is a long-term contract between the private sector and a government agency for providing a public asset or service, in which the private party bears significant risk and management responsibility.⁣


#Ganduje #PPP #PDP #PublicProperty #Revenue #StateEconomy #Kano #Investors #Nigeria #news


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