The federal government has adopted the Public Private Partnership (PPP) to enhance effective national development that would improve public services in the country.
This was revealed by the Permanent Secretary, Mr. Olubunmi Olusanya during the inauguration ceremony of the PPP Unit in the Federal Ministry of Youth Development.
The Permanent Secretary also stated that this initiative is aimed at providing improved facilities and resources to support the growth and development of young people in different communities.
“By establishing this unit, the ministry will enhance cooperation with the private sector, leading to better infrastructure design, financing, and maintenance, ultimately providing improved public services.
“Recognising the importance of collaboration, we have adopted the PPP model as a strategic approach. Although Youth Centres exist in every state, the Ministry aims to revitalize and enhance their viability through the PPP framework.”
A press statement by the Director of Information and Public Relations of the ministry, Omolara Esan, quoted the permanent secretary as saying that, the revitalization of these Youth Centres will be the first major project of our newly inaugurated PPP Unit, and we are confident this partnership will yield remarkable results.”
Olusanya emphasized that the inauguration was in collaboration with the Infrastructure Concession Regulatory Commission (ICRC). He explained that the Commission ‘s invaluable guidance and oversight have been and will continue to be crucial for the success of the initiative.
The Permanent Secretary, who was represented by the Director, Planning, Research and Statistics (PRS) of the Ministry, Mr. Chukwuka Anthony, urged all stakeholders, both within and outside the Ministry, to collaborate with renewed dedication and shared purpose.
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