FINANCING INFRASTRUCTURE IN DEVELOPING COUNTRIES

(A CASE STUDY OF NIGERIA)

By

AC-H2002-420

Presented To

Department of Accountancy

PROPOSAL

    One of the most critical urban development issues facing Nigeria is the financing of urban infrastructure and delivery of urban services.  The study arises because of impact of urban infrastructure and services on economic development of developing countries especially Nigeria.
    The major challenge facing Nigeria today is how to restore urban infrastructure and services which have over the years of military regime decayed and collapsed.  To this end, first, to make cities good places for economic development, and, secondly, to provide basic services for urban dwellers, especially the urban poor.
    The study among things, looks into the various forms of finances from local (municipal), state and federal government, banking sector and private sector participation and involvement in improving urban infrastructure and services in Nigeria.  In addition, various government policies and programmes were equally evaluated to wards finding strategies and opportunities for the restoration of urban infrastructure and services in Nigeria.
    The physical condition of Nigeria infrastructure water supply; sewerage, sanitation, urban road, electricity, drainage, waste disposal, school, hospital is generally poor.  For example only about half of the people in Nigeria’s urban areas have access to pipe-born water in and , or around their homes.
    All types of infrastructure suffer from massive backlog of neglected rehabilitation and maintenance, not to talk of the investment needed to serve future growth.
    The study was discussed in five chapters.  Literature related to urban infrastructure financial and service deliveries were extensively presented and discussed in chapter two.

TABLE OF CONTENTS

Title of page
Approval page
Dedication
Acknowledgement
Abstract
Table of contents

CHAPTER ONE
Introduction

1.1    Background of the study
1.2    Statement of problem
1.3    Objectives of the study
1.4    Significance of the study
1.5    Significance of the study
1.6    Scope of the study
1.7    Selection of sample cities
1.8    Limitations and delimitations of the study
1.9    Definitions of technical terms
REFERENCES

CHAPTER TWO
2.0    LITERATURE REVIEW

2.1       Financial infrastructure in developing countries earlier approach
2.2       Financing urban infrastructure and services in Nigeria
2.2.1 Immediate priorities
2.2.1.1 Reorientation of public expenditure
2.2.1.2 Targeting the urban poor
2.2.1.3 Counterpart funding from state annual budgets
2.2.1.4    Medium term agenda
2.2.1.5    Mobilization of state and local revenues
2.2.1.6    Property taxes potential –IDF experience
2.2.1.7    Public sector borrowing
2.2.1.8    Alternative infrastructure financing options
2.2.1.9    Private investment
REFERENCES

CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY

3.1    General features of the research
3.2    Method of data collection
3.3    Sources of data
3.4    Location of data
3.5    Tools for data analysis
3.6    Basis selection of sample
3.7    Bases of selection
3.8    Location of sample cities
3.9    Overview of sample cities
3.10    Limitations of information
3.11    Method of data analysis
3.12    Data analysis techniques

CHAPTER FOUR
4.1    Data presentation
4.2    Data analysis
4.3    Test of hypothesis
4.4    Inter predating data

CHAPTER FIVE
FINDINGS RECOMMENDATIONS AND CONCLUSION

5.1    Summary of findings
5.2    Conclusion
5.3    Recommendations
BIBLIOGRAPHY

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