EconPapers    
Economics at your fingertips  
 

Introduction: The Project Abandonment Problem

Jimoh Ibrahim (), Christoph Loch () and Kishore Sengupta ()
Additional contact information
Jimoh Ibrahim: University of Cambridge
Kishore Sengupta: University of Cambridge

Chapter 1 in How Megaprojects Are Damaging Nigeria and How to Fix It, 2022, pp 1-7 from Springer

Abstract: Abstract While large project performance problems have been observed in many countries, the failure in Nigeria is greater because since 1960, two-thirds of very large projects did not just “fail” but were abandoned, leaving ruins behind. Nigeria has no systematic data on what has been spent, but the sums are clearly huge—the 38 projects alone that this investigation considers in detail represent a total budget of over $25B, almost equalling Nigeria’s total foreign debt ($27B) in 2017. Therefore, there needs to be an investigation: what are the causes of this situation, what are the specific reasons in the Nigerian context, and what might be done to remedy this? This introduction chapter outlines the approach of the investigation and summarizes what will be discussed in each chapter.

Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-96474-0_1

Ordering information: This item can be ordered from
http://www.springer.com/9783030964740

DOI: 10.1007/978-3-030-96474-0_1

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-03-23
Handle: RePEc:spr:sprchp:978-3-030-96474-0_1