Infrastructure deficit has prevented Nigerian’s development and economic
growth while PPP procurement is used for closing this infrastructure gap. The aim of
study is to investigate CSFs for implementation of PPP projects in Nigeria. Objectives
are to identify and appraise CSFs that contribute to implementation of PPP projects.
Structured questionnaires were used to collect information from professionals and
concessionaires who were involved in PPP projects. Purposive sampling technique
was used in selecting fifty (50) respondents and only thirty-six (36) responses were
used for data analysis. CSFs for successful PPP implementation are transparent and
sound regulatory framework, comprehensive feasibility study and appropriate risk
allocation amongst others. Implication for policy is government forming formidable
legal and regulatory framework for PPP and for practice concessionaire with good
consortium and adequate financial capability should be engaged for future PPP
projects. Conclusions are some CSFs such as commitment and responsibility of public
and private sectors, strong private consortium and realistic cost/benefit assessment
amongst others are critical for PPP implementation. Recommendations are legal and
regulatory framework for PPP to be developed and awareness on payment for use of
infrastructure project by the public should be undertaken and leverage for fund from
capital market should be embarked upon.