Assessment of the Economic and Social Impacts of Public-Private Partnership-Driven Infrastructure Development in Government Reserved Areas in Ibadan, Oyo State, Nigeria.

Abstract

This study assessed the economic and social impacts of Public-Private Partnership (PPP)-driven infrastructure development in Government Reserved Areas (GRAs) in Ibadan, Oyo State, Nigeria, focusing on Jericho, Agodi, and the newly developing Engr. Lere Adigun GRAs. Anchored on Transaction Cost, Principal-Agent, and Stakeholder theories, the study adopted a positivist, quantitative approach, administering structured questionnaires to 60 purposively selected stakeholders comprising infrastructure professionals, residents, government officials, and private investors, from which 34 valid responses (56.7% response rate) were analysed using Mean Item Score, Standard Deviation, and Relative Importance Index (Cronbach's Alpha = 0.905). Findings revealed strong stakeholder endorsement of PPP as an effective infrastructure delivery mechanism (RII = 0.918), with road and drainage improvement, property value appreciation, and contribution to sustainable urban development ranking highest, while utility-related improvements ranked lowest. The study concludes that PPP has delivered significant, though uneven, benefits and recommends expanded government support, particularly for utility infrastructure. Keywords: Government Reserved Areas, Infrastructure, Public-Private Partnership, Residents, Stakeholder Journal Reference Format: Bello, A.A. & Adeyemo, O.P. (2026): Assessment of the Economic and Social Impacts of Public-Private Partnership-Driven Infrastructure Development in Government Reserved Areas in Ibadan, Oyo State, Nigeria.. Social Informatics, Business, Politics, Law, Environmental Sciences & Technology Journal. Vol. 12, No. 3. Pp 1-14. www.isteams/socialinformaticsjournal. dx.doi.org/10.22624/AIMS/SIJ/V12N3P1