An Alternative Model for Financing City Infrastructure in Delta State Nigeria
  • Author(s): Onyia Chukwuebuka ; Okolie K. C. ; Ezeokoli F. O. ; Obodoh D. A. ; Onye O. J.
  • Paper ID: 1705597
  • Page: 163-167
  • Published Date: 23-03-2024
  • Published In: Iconic Research And Engineering Journals
  • Publisher: IRE Journals
  • e-ISSN: 2456-8880
  • Volume/Issue: Volume 7 Issue 9 March-2024
Abstract

This study explores the challenges associated with the existing financing model for city infrastructure in Delta State, Nigeria, and proposes an alternative model to address these issues. The study aims to assess the effectiveness of the current financing approach and provide a viable alternative that better aligns with the unique context of Delta State. The objectives include evaluating the performance of the existing financing model, identifying key stakeholders' perspectives, and developing a comprehensive alternative model for financing city infrastructure. The research design adopted for this study is the triangulation method, combining qualitative and quantitative approaches to enhance the robustness of the findings. The target population comprises contractors, end users, government regulatory agencies for infrastructural-related matters, and users of the infrastructures. Using a purposeful sampling technique, the study collected opinions from 504 respondents. The results are presented through tables and figures, offering a comprehensive overview of the current challenges and stakeholders' perspectives. The findings indicate a significant underperformance of the existing financing model in the study area. In light of these challenges, the study concludes by presenting an alternative model for financing city infrastructure in Delta State. The proposed model takes into account the unique socio-economic and institutional context, aiming to enhance the efficiency and sustainability of infrastructure development in the region

Keywords

Alternative Model, City Infrastructures, Delta State, Financing Model, Urban Planning

Citations

IRE Journals:
Onyia Chukwuebuka , Okolie K. C. , Ezeokoli F. O. , Obodoh D. A. , Onye O. J. "An Alternative Model for Financing City Infrastructure in Delta State Nigeria" Iconic Research And Engineering Journals Volume 7 Issue 9 2024 Page 163-167

IEEE:
Onyia Chukwuebuka , Okolie K. C. , Ezeokoli F. O. , Obodoh D. A. , Onye O. J. "An Alternative Model for Financing City Infrastructure in Delta State Nigeria" Iconic Research And Engineering Journals, 7(9)