Abstract
The increasing
demand for high-quality tertiary education has placed significant strain on
public resources, prompting many governments to explore alternative financing
and delivery mechanisms. Public-Private Partnerships (PPPs) have emerged as a
strategic model to bridge resource gaps, improve infrastructure, enhance
academic quality and promote innovation. This paper examines the role of PPPs
in advancing tertiary education in Nigeria and India. It critically appraises
investment strategies adopted across diverse contexts. Drawing from empirical
data and case studies from both countries, the study identifies key success
factors, challenges and best practices. The findings demonstrate that
well-structured PPPs can significantly enhance tertiary education outcomes but
their success hinges on transparent governance, equitable risk-sharing and
alignment with public interest goals. The study utilizes secondarydata from the
infrastructure Concession Regulatory Commission (ICRC)’s website and
publications; publications from Indian Infrastructure Project Development
Facility (IIPDF; World Bank PPP Lab and other research publications from the
internet. The research recommends for combine efforts from education, ICT,
energy and finance sectors to deliver integrated PPP outcomes; use blended financing modelsthat mix government grants, donor
funding and private equity to reduce investor risk and expand project reach;
and promote public transparency that mandates all PPP
education agreements to be publicly available, including cost-benefit analyses,
fee structures and performance metrics.
Keywords: Public-Private Partnerships; Public Private
Partnership Investment in Tertiary Education; Global Education Policy;
Infrastructure Development.
DOI: www.doi.org/10.36349/fujpam.2025.v4i01.016
author/Muhammad, A., Ibrahim, H.A. & Sani, B.
journal/FUJPAM Vol. 4, No. 1
.jpeg)
.jpeg)
.jpeg)
