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Introduction: The Project Abandonment Problem

In: How Megaprojects Are Damaging Nigeria and How to Fix It

Author

Listed:
  • Jimoh Ibrahim

    (University of Cambridge)

  • Christoph Loch

    (University of Cambridge)

  • Kishore Sengupta

    (University of Cambridge)

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.

Suggested Citation

  • Jimoh Ibrahim & Christoph Loch & Kishore Sengupta, 2022. "Introduction: The Project Abandonment Problem," Springer Books, in: How Megaprojects Are Damaging Nigeria and How to Fix It, chapter 1, pages 1-7, Springer.
  • Handle: RePEc:spr:sprchp:978-3-030-96474-0_1
    DOI: 10.1007/978-3-030-96474-0_1
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