CO-OPERATIVE HOUSING AND BASIC INFRASTRUCTURE PROVISION: A CONCEPTUAL FRAMEWORK FOR EFFECTIVE PUBLIC PRIVATE PARTNERSHIP

Durodola, O. D. and Oloke , O. C. and Opoko , A. P. (2016) CO-OPERATIVE HOUSING AND BASIC INFRASTRUCTURE PROVISION: A CONCEPTUAL FRAMEWORK FOR EFFECTIVE PUBLIC PRIVATE PARTNERSHIP. Journal of Contemporary Issues in Real Estate, 3 (1). pp. 233-241. ISSN 2315-9458

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Abstract

Aside finance, the dearth of infrastructure in developing countries including Nigeria has been a major challenge debilitating all round economic, physical and social development. The level and state of infrastructure development in Nigeria has not only increased the cost of undertaking businesses in the country but also the overall cost of real estate project development. Despite the fact that people organize co-operative movement to address some of their individual and societal needs such as housing, it has been observed that one of the critical challenges confronting co-operative societies‟ efforts in housing provision is the lack of or inadequate on-site infrastructure whilst the existing infrastructure in housing estates already developed by some of these co-operative societies suffer from poor maintenance. With a view to developing a conceptual framework for effective public private partnership for the provision and improvement of infrastructure in co-operative housing estates, this study undertook a comprehensive review of extant literatures on infrastructure provision and national development particularly as it relates to housing delivery in Nigeria. The study evaluates the current issues and challenges facing infrastructure provision in co-operative housing estates and proposed a framework that emphasize active collaboration of co-operative societies with institutional stakeholders such as insurance companies or pension funds, federal ministry of works and housing, thereby bolstering infrastructure development and housing provision efforts of co-operative societies in Nigeria. Key words: Infrastructure, Co-operative housing, Partnership, Societies, Institution, Insurance

Item Type:	Article
Subjects:	T Technology > TH Building construction
Divisions:	Faculty of Engineering, Science and Mathematics > School of Civil Engineering and the Environment
Depositing User:	Mr Adewole Adewumi
Date Deposited:	13 Jun 2017 16:38
Last Modified:	13 Jun 2017 16:38
URI:	http://eprints.covenantuniversity.edu.ng/id/eprint/8189

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