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Why Nigeria Fares Poorly in Infrastructure Provisioning- Omisore

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(L-r): Engr. Otis Anyaeji, ‎president,  Nigerian Society of Engineers;Senator (Dr.) Iyiola Omisore  & Engr. Mustapha B. Shehu, president, Federation of African Engineering Organisations (FAEO) at the 2016 NSE Conference & African Engineering Week  in conjunction with UNESCO, in Uyo, Akwa Ibom State, Nigeria ‎
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Senator Iyiola Alani Omisore, ‎former deputy Governor of Osun State, has identified several factors why the Nigeria’s infrastructure development has not moved beyond the rhetoric.

Senator Omisore, a one time Senator of the Federal Republic of Nigeria, and‎ ‎who recently completed his doctor of philosophy degree in Infrastructure Finance with specialisation in Public Private Partnership from the prestigious International School of Management, Paris, was a guest speaker on Day 3 at the on-going 2016 African Engineering Conference, organised by the Nigerian Society of Engineers (NSE) in Uyo, Akwa Ibom State.

The occasion also served as the NSE’s Annual General Meeting and the UNESCO African Engineering Week.

In his presentation, titled, “Nigeria’s Infrastructure Deficit:  Beyond The Limitation of Finance In Public Private Partnership and Project Procurement Options”, Dr. Omisore explained global perspectives to public private partnership (PPP) as best approach to infrastructural development, and the parochial factors militating against its successful implementation in Nigeria.

Hitherto, before PPP became the norm, it was the arrangement by which roads, railway, electricity and water services were provided, the world over.

Whereas,  countries outside sub-regional Africa has had a major paradigm shift in public  procurement, countries within the sub-regional African continent, Nigeria inclusive, are yet to avail themselves of  the  opportunities and advantages in the provisions of public  services and utilities, as offered by the PPP model, for their peoples, thereby expanding the scope of their socio–economic  developments.

“While it is recognised that the PPP model has been deployed to execute a few public projects in Nigeria, its utility value has been mostly felt in Lagos state where the authorities  have  partnered with private sectors for  design, finance and management  of public utilities. Even then, the projects involved are hardly ones that can recommend   themselves to a sustainable management status under an ideal PPP model.

‘Outside of Lagos State, cursory survey of the infrastructure procurement by state governments is still largely tied to the old model of contract awards to private firms to execute a project designed and financed by governments. Thus, on the average, Nigeria has fared, rather poorly, especially in view of the country’s need for requisite infrastructure for nation’s potential developmental capacity”.

Speaking further, Dr Omisore submitted that “my intervention in the following submission is anchored on a very straight forward argument to the extent that, even with real needs and potential returns on investment by investors, inadequate provisions in the legal framework to sufficiently safeguard investors and financiers interest, may continue to constitute major road blocks for Nigeria at all levels of authorities in the country’s PPP drive for the much needed public procurement of utilities and services.

‘The critical point to be made here is that, though, there seems to be shortage of investable funds in the International Market, but Nigeria crisis seems compounded by the integrity profile of our legal framework for an ideal PPP model.

“In the final analysis, and without going into the details of the shortfalls in the legal framework, as has been identified in many  studies, see, for instance, Essia and Yusuf, 2013, suffice to say, however,  that  the  Infrastructure Concession Regulatory  Commission    [ICRC] Act  of  2005, the Public Procurement Act 2007 regulations issued by ICRC governing  the  PPP process and  various state laws as described in each State’s PPP policies  falls  short  of necessary regulatory  framework for proper implementation of  PPP projects, most  importantly  with respect  to  dispute resolution during the tenor of the contract.

‘Yet, the apex bank should make concerted efforts to offer assistance to commercial and industrial banks to enable them offer financial skills required in PPP management”

In Nigeria, there is a misconception of the conceptual framework of public private partnership. PPP has become a generic term to describe plethora of contractual business relationships and management indices between governments [national, state and local, including their respective agencies] and private sector- that may be promoters and financing Institution, i.e. banks.

‎In some PPP model, project financiers [banks] may be part of contractual  arrangement as investors, thereby part of the  risk-sharing, with  a view  of participating  in the accruing  profit and also  losses  from such business undertakings.

It suffices, however, that this arrangement is not popular in ideal PPP model for public procurement, as some financial regulations preclude banks from getting involved in business ventures beyond their statutory function of managing public funds, committed to the procurement of public infrastructure.

Explaining some of the critical factors affecting successful implementation of PPP model, Dr. Omisore emphasised that “it is important that we do not gloss over the political and cultural issues that often constitute major disincentives to public procurement, via PPP arrangement.

“One of the issues is absence of political will on the part of an administration to see through the policies of a previous administration.

‘And  because   concessionaires  are  aware  of  a  negative   tendency  by  a new  administration   not  to honour, to  the lather, all the tenets of an arrangement  by a departed  administration,    they  are often inclined to speed up the commissioning of projects before the date of departure  of a  sitting  administration,  with avoidable  increase  in the cost  of project.

Yet, except  there  is a  determination  that a PPP succeed,  there are vested  interests   in  a  country,  especially in a multi-faith  and multi-ethnic  country  like  Nigeria  to  ensure  that  the  governments initiative  to  promote PPP  as  a  policy  fail.

“Public-private  partnership projects often  encounter  serious  resistance  from  labour unions,  civil  service  employees and  sundry   socio-economic  interest groups. Also,  present  is the negative  understanding  by  the  general  public, borne out of ignorance,  on the strategic  importance of PPP in a  nation’s socio-economic development. Whereas, PPP, are  meant to  be partnership  contractual arrangement   between  the public  and  private sectors of  the economy, in which  responsibilities, risks and  obligations, are  to  be  shared  by  both  sides   in  order  to  guarantee  the  greatest benefits to the public.

He concluded by expressing his regrets that “in  Nigeria, a segment   of  the  public  service  operators  tend  to see  the  private  sector   concessionaires   as  the  enemies that  would deprive   them  of  their  jobs, therefore,  to  be overcome at  all cost.

‘And this  is  often  achieved  when  some  extant  rules in  the civil service are  exhumed  to  advise  the  government   on  why all  of  a PPP undertaking,  or some  aspects of  PPP  project  agreement  should  not  be  honoured, thereby  leading  to government unilaterally rebidding on contracts voluntarily  entered.

‘Moreso,  with a  weak  legal  framework, under which concessionaires can be protected, the tendency is for the  private  sector operators, both from within and from outside of the country, to be wary  of doing business with government. Thus, timely procurement of public utilities suffers and the socio-economic development and the country is the worst for it”, Dr Omisore emphasised.

The conference, held at the Tropicana Conference Centre, Uyo, Akwa Ibom State, was themed, “Adequate, Reliable and Sustainable Energy in Africa”.

It was held between November 21st – 25th, 2016 in conjunction with the Federation of African Engineering Organisation (FAEO), and the United Nations Educational, Scientific and Cultural Organisations (UNESCO), and was attended by over 600 delegates from across the world.


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Tech Executives Double Down on AI, Talent and Adaptive Strategies to Lead in the Intelligence Age

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KPMG’s Global Tech Report 2026 reveals that organisations worldwide are moving beyond pilots and seeking to embed AI into core workflows and offerings, striving to scale investments. The new report identifies that while expectations are high and adoption is rapid; scaling can introduce additional complexity and returns vary widely.

  • 68 percent of organisations surveyed aim to reach the highest level of AI maturity by the end of 2026, yet only 24 percent are there today.
  • 88 percent are investing in building agentic AI into their systems.
  • 74 percent say their AI use cases are delivering business value, but only 24 percent achieve ROI across multiple use cases.
  • 90 percent plan to grow partnerships and tech ecosystems over the next year, yet 53 percent still lack the talent needed to bring their digital transformation plans to life.
  • 78 percent agree they must take more risks on emerging technologies to stay relevant.

The report asks: Can ambition match reality, and can organisations keep one eye on the next wave of innovation while delivering on today’s agenda?

“The future belongs to leaders who turn intelligence into advantage. Our research shows organisations are pushing past the early phase of ‘AI roulette’, placing scattered bets on multiple technologies, and are now increasingly focused on delivering value. When ambition meets disciplined execution, value compounds.

“Our 2026 Global Tech Report provides a synopsis of the critical things that high performers are doing better than most; a checklist for tech leaders looking to improve their organisational performance, emulate the high performers, and deliver higher ROI”. – Guy Holland, Global Leader, CIO Center of Excellence, KPMG International

”As Africa enters the Intelligence Age, the differentiator is no longer access to technology, but the ability to build the skills, governance, and operating models required to scale it responsibly. While organisations are accelerating AI adoption to drive productivity and growth, the real determinant of value lies in workforce readiness, executive alignment, and disciplined execution.

Those that invest early in digital skills, human-AI collaboration, and adaptive leadership will be best positioned to translate innovation into sustainable commercial and economic impact.” – Marshal Luusa, Partner: Technology & Innovation Lead, KPMG One Africa

 Key findings from the report

Tech maturity accelerates: Leaders set their sights on the top

Half (50 percent) of global tech leaders surveyed expect to reach the highest level of technology maturity in 2026, compared to only 11 percent today. This surge in optimism is fuelled by a move from isolated experiments to integrating AI and advanced technologies into core systems and scaling their impact.

High performers, those organisations leading in technology maturity, process maturity and value, are already reaping the rewards, reporting an average ROI of 4.5x, more than double the industry average of 2x. These leading organisations have progressed beyond pilot programs, prioritising the scaling of innovation and continually adapting to maintain a competitive edge in a fast-evolving environment.

Other organisations reporting higher ROI include smaller firms (3.6x), those with fewer cost pressures (2.6x), and transformation‑focused organisations (3.2x). The ROI pattern is equally nuanced: rather than a single investment ‘sweet spot’, clear ROI ‘zones’ emerge, from early quick wins to accelerating, enterprise‑wide value as maturity increases.

The age of agentic: AI adoption surges but innovation drives real business value

AI is now seen as a strategic necessity, not just industry hype. Sixty-eight percent of respondents are aiming for the highest level of AI maturity in their organisations. Eighty-eight percent of companies are already investing in agentic AI – autonomous digital agents transforming operations and decision-making. Seventy-four percent of respondents report that their AI initiatives are creating measurable business value, such as improved efficiency and reduced risk.

However, only 24 percent say they are scaling AI and achieving ROI across multiple use cases. This highlights the need for organisations to evolve KPIs beyond traditional financial and productivity metrics and build enterprise-wide alignment to fully realise AI’s potential.

The shift from AI experimentation to large-scale deployment is underway, with leaders working to embed AI into products, services, and value delivery.

Talent and agility power success: Human potential remains central

Human expertise remains central to digital transformation initiatives. Organisations are making significant investments in upskilling their workforce, building adaptive teams, and fostering cultures that embrace change.

Despite the rapid adoption of agentic AI, organisations still expect 42 percent of their tech workforce to remain permanent human staff by 2027 – only a five‑point drop from 2025.

High-performing companies plan to retain even more permanent human talent, with 50 percent remaining in place by 2027, revealing the continued importance of human expertise alongside AI. Despite these efforts, 53 percent of organisations report they still lack the talent needed to realise their digital transformation strategies.

Ninety-two percent of organisations surveyed anticipate that managing AI agents will become a critical skill within five years. The most successful organisations prioritise both technological advancements and people, empowering employees to innovate and adapt.

Strategic partnerships fuel growth: Ecosystems expand for the future

To overcome challenges and accelerate learning, 90 percent of organisations plan to grow partnerships and tech ecosystems over the next year. Strategic alliances are enabling access to specialised expertise, rapid innovation, and shared best practices.

As agentic AI and other advanced technologies become mainstream, organisations recognise the importance of building robust ecosystems that foster co-creation and continuous improvement. Nearly one-third of tech executives are planning to increase investment in centers of excellence, supporting cross-functional teams and controlled experimentation.

Preparing for tomorrow’s breakthroughs: Leaders embrace bold risks

The future is arriving fast, with quantum computing and Artificial Superintelligence (ASI) on the horizon. Leaders are already preparing for these breakthroughs, with 78 percent of organisations agreeing they must take more risks on emerging technologies to stay relevant.

The report urges organisations to maintain strategic foresight, invest in ethical frameworks, and build resilient, future-ready workforces. By balancing ambition with rational thinking and disciplined execution, tech executives are positioning their organisations to turn disruption into durable, compounding value.


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LIRS to Invoke NTAA to Recover Unpaid Taxes from Bank Accounts, Others

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Lagos Internal Revenue Service (LIRS) pursuant to Section 60 of the Nigeria Tax Administration Act (NTAA), plans to ask Nigerian banks to debit bank accounts of employers who failed to remit tax liability.

LIRS to Invoke NTAA to Recover Unpaid Taxes from Bank Accounts

This was disclosed in a recent notice on Sunday.

LIRS stressed that the move was in line with the implementation of the country’s NTAA and other new tax laws, which took effect on January 1, 2026.

“Where a taxpayer fails, neglects, or refuses to settle any established outstanding tax liability when due, LIRS may exercise its power under Section 60 to direct any of the following persons to pay the amount owed by the taxpayer:

“Banks and other financial institutions; Employers; tenants, debtors, or customers of the taxpayer; Agents, business partners, and any person holding money on behalf of the taxpayer; Any person owing money to the taxpayer, whether presently due or accruing. Once a substitution notice is issued, the person served is statutorily required to remit to LIRS the amount. Specified in the notice from funds belonging to, or payable to, the defaulting taxpayer,” the LIRS notice partly read.

Meanwhile, Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, weeks ago ruled out claims that the government would debit personal accounts over tax remittances.


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Anambra Cuts Monday Pay to Kill Sit-at-Home

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Anambra State will implement pro-rata salary payments for civil servants starting February 2026, targeting chronic Monday absenteeism from the long-running sit-at-home order, Information Commissioner Dr. Law Mefor announced Saturday.

Anambra Cuts Monday Pay to Kill Sit-at-Home

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Speaking at an Awka briefing after the Executive Council’s end-of-tenure retreat, Mefor said improved security and transport have eliminated excuses for the four-year disruption, which cost the state trillions in lost revenue. “Workers enjoyed full pay despite staying away; now, no work means no pay for that day, calculated over 24 working days,” he stated.

Compliance measures include mandatory Monday clock-in forms, with markets urged to reopen fully amid bolstered security. This builds on a January 22 executive order docking 20% pay from teachers absent on Mondays.

Mefor warned that lost Mondays cripple revenue collection and productivity, rejecting alternatives like Saturday shifts as capitulation to agitators.


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