Why contract performance is poor in nigeria by experts
According to various experts, the poor performance of contract execution in Nigeria can be attributed to several factors, including:
- Lack of clear contract specifications: Many contracts in Nigeria are poorly drafted, leading to misunderstandings and disputes between parties. This can result in delays, cost overruns, and ultimately, poor performance.
Source: "Contract Management in Nigeria: Challenges and Opportunities" by the Nigerian Institute of Building (NIOB)
- Inadequate project planning and preparation: Insufficient planning and preparation can lead to poor contract performance. This includes inadequate risk assessment, insufficient budgeting, and poor project scheduling.
Source: "Project Management in Nigeria: Challenges and Best Practices" by the Project Management Institute (PMI)
- Corruption and bribery: Corruption and bribery are widespread in Nigeria, and can significantly impact contract performance. This can lead to delays, cost overruns, and poor quality of work.
Source: "Corruption and Contract Performance in Nigeria" by the Transparency International (TI)
- Inadequate contract monitoring and enforcement: The lack of effective contract monitoring and enforcement mechanisms can lead to poor contract performance. This includes inadequate inspection, testing, and certification of works.
Source: "Contract Monitoring and Enforcement in Nigeria: Challenges and Opportunities" by the Nigerian Institute of Quantity Surveyors (NIQS)
- Inadequate capacity and expertise: The lack of adequate capacity and expertise among contractors, consultants, and government agencies can lead to poor contract performance.
Source: "Capacity Building for Contract Management in Nigeria" by the World Bank
- Inadequate funding: Insufficient funding can lead to poor contract performance, as contractors may not have the necessary resources to complete projects on time and within budget.
Source: "Funding Constraints and Contract Performance in Nigeria" by the African Development Bank (AfDB)
- Poor communication and collaboration: Poor communication and collaboration between parties can lead to misunderstandings, delays, and poor contract performance.
Source: "Communication and Collaboration in Contract Management: A Study of Nigerian Construction Projects" by the Journal of Construction Project Management
- Inadequate risk management: The lack of effective risk management can lead to poor contract performance, as parties may not be prepared to manage and mitigate risks.
Source: "Risk Management in Nigerian Construction Projects: A Study of Contract Performance" by the Journal of Construction Research
- Inadequate contract termination procedures: The lack of effective contract termination procedures can lead to poor contract performance, as parties may not be able to terminate contracts in a timely and efficient manner.
Source: "Contract Termination in Nigeria: A Study of Contract Performance" by the Journal of Construction Law and Arbitration
- Inadequate regulatory framework: The lack of an effective regulatory framework can lead to poor contract performance, as parties may not be held accountable for their actions.
Source: "Regulatory Framework for Contract Management in Nigeria: A Study of Challenges and Opportunities" by the Nigerian Institute of Public Administration (NIPA)
These are some of the factors that experts have identified as contributing to poor contract performance in Nigeria. Addressing these challenges will require a combination of policy reforms, institutional strengthening, and capacity building.