Papers by STEPHEN F E M I OYEYOADE
F1000Research, 2022
Background: United Nations Educational, Scientific and Cultural
Organization (UNESCO) advocates ... more Background: United Nations Educational, Scientific and Cultural
Organization (UNESCO) advocates a 15-20% allocation of the
developing nations’ annual budget to educational development, but
the available resources are not adequate to support the sector in the
global south. Thus, University Hostel Development and Management
(UHDM) policy was selected to attract private investors for the
provision of educational facilities in Nigerian public universities. The
policy considered a public-private partnership (PPP) model to
ameliorate the menace of dilapidated infrastructures. Initially, there
was massive investors’ participation until contractual disputes started
to undermine the success recorded. Therefore, incessant disputes
without resourceful resolutions motivate the need to examine this
policy and spot the gaps for necessary improvement.
Policy: The National Universities Commission (NUC) augments the
provision of infrastructure in Nigerian public universities through the
UHDM initiative in 2004. Conflicts owing to the multiplicity of
stakeholders’ contrasting interests overwhelmed the initiative. Many
value-added projects were terminated. The poor condition of facilities
lingers to serve as a basic factor for half-baked graduates, low
employee productivity and declined socio-economic values of the
nation. This brief focuses on the role of formal dispute resolution
mechanisms (DRMs) for conflict management in PPP arrangements.
By observation, stakeholders rarely envisage potential conflicts, thus,
no contemplation of specific DRMs adoption despite the inevitability
of contractual disputes.
Recommendations: This brief recommends the inclusion of the
dispute resolution policy in the PPP Memorandum of Understanding
(MoU). Recommendations are hereby generated from the analysis of
the stakeholders’ opinions on the causes of the dispute, conflict
prevention strategies, and the relevant dispute resolution
Business Perspective Review (BPR), 2025
Abstract
Purpose: This study explores the deployment of Dispute Resolution Mechanisms (DRMs) in ... more Abstract
Purpose: This study explores the deployment of Dispute Resolution Mechanisms (DRMs) in addressing
conflicts inherent in Public-Private Partnerships (PPPs) for educational infrastructure, particularly in
Nigerian universities.
Methodology: Using purposive sampling, 126 questionnaires were administered to stakeholders, including
private investors and university officials involved in PPP procurement. The study analyzed responses using
descriptive statistics, including mean values, relative importance index (RII), and Henry Garrett ranking
methods, to identify causes of dispute, prevention strategies, and DRM implementation frameworks.
Results: The study identified 21 critical causes of dispute, ranging from excessive contract variations to
inadequate risk allocation and trust deficits. Among 13 examined dispute prevention strategies, extensive
stakeholder consultations and regular site meetings emerged as the most effective. Fast-track resolution
processes were ranked as the most resourceful DRM, while litigation was the least preferred due to
inefficiencies and costs.
Implications: The findings emphasize integrating preventive measures and effective DRMs into PPP
contracts to reduce disputes, ensure project sustainability, and align stakeholders. The study offers
practical recommendations for incorporating DRMs into the PPP framework, enhancing project outcomes,
and fostering investor confidence.
Originality: This research provides a novel DRM framework tailored to the peculiarities of PPP conflicts
in Nigerian universities, addressing the scarcity of focused studies on this topic.
Limitations: The study is geographically limited to three universities in southwestern Nigeria, and findings
may not fully represent other contexts or sectors.
Sciendo - De-gruyter Journal of Real Estate and Valuation, 2019
This paper investigates the impact of sustainable development and green management on the perform... more This paper investigates the impact of sustainable development and green management on the performance of an educational facility with a view of enhancing the learning environment and increasing students' achievement in Nigeria. A sequential examination of the benefits of green features and barriers in their adoption was carried out. The data for the study relied on a study sample of 400 respondents comprising university teachers, "in-resident" building professionals and postgraduate students of a built environment selected from four renowned universities in the southwest region of Nigeria. An ideation framework was constructed and multilevel analysis performed to evaluate perceptions on associated factors alongside the variable items. The low recognition of basic green benefits by the respondents was, to some extent, the result of unfamiliarity with the discussed concepts. In view of barrier factors deterring the implementation of concepts, the lack of government intervention, unavailability of formulated policies, lack of inclusion of the sustainability concept in the school curricula, and unavailability of capacity training for professionals in the building industry, were perceived to be the prime factors. The paper concludes that all stakeholders have cogent roles to play at an individual level when it comes to eliminating barriers, initiating concepts, and realizing the desired facility performance capable of ensuring a sustainable learning environment as well as promoting academic excellence in the Nigerian educational sector.
Global Journal of Management and Business Research: F Real Estate, Event and Tourism Management, 2019
Flagship regeneration as a model of urban renewal materialized in search for pragmatic solutions ... more Flagship regeneration as a model of urban renewal materialized in search for pragmatic solutions to the socioeconomic problems caused by deindustrialisation of some ancient cities in the United Kingdom and United States of America late 1960s. The subsequent adoption of this concept by other developed countries was due to its capability as panacea to city decay and ability to revitalize or rebrand urban centre for investment attractions and possibility of reducing the burden of social services provision on the municipal governments. The reviewed literatures explain that individual city has basic features or attributes upon which flagship projects could be developed and thereby accord such city with unique image and functionality within and outside the region. Also, the possible drive for wealth creation and eventual poverty alleviation edged flagship regeneration over other contemporary models of urban renewal. However, despite the acclaimed age long benefits of flagship projects there have been no appreciable efforts by the Nigerian government to embrace or encourage this concept even at the abundance of potentialities.
Conference Presentations by STEPHEN F E M I OYEYOADE
Development and Investment in Infrastructure in Developing Countries - DII Conference Proceedings , 2025
Using scientometric analysis, this paper examines studies on risk factors in
build-operate-transf... more Using scientometric analysis, this paper examines studies on risk factors in
build-operate-transfer (BOT) projects related to student housing infrastructure from 1994 to
2024. Bibliometric data was obtained from Scopus and Dimensions AI, and 38 relevant articles
were selected. The analysis revealed a consistent increase in research on risk factor in BOT for
other project types since 2007, but few in student housing. Most articles originated from China,
Australia, the UK, and the USA. The numerical analysis of 22 authors of the 38 selected
articles indicated 162.8 as an average score of the total research link strength. Through the
chosen articles, keywords such as risk assessment, critical risk factors, critical success factors,
and risk mitigation were identified alongside various BOT project types. Few key terms related
to student housing infrastructure suggest insufficient attention. The study concluded on the
need to encourage research on risk factors in BOT student housing development
Proceedings of International Conference on Construction and Real Estate Management , 2012
The paper examined the role of valuers' (appraisers') heuristic behavioural influence on the accu... more The paper examined the role of valuers' (appraisers') heuristic behavioural influence on the accuracy of price determination mechanism of commercial properties in the familiar market environment with a view to improving the validity of valuers' opinions in the property investment domain. Further explanation was given on the implications of inaccurate opinion of values as an upshot of inexpert heuristic adoption. The paper conducted simulated valuation in conjunction with structured interviews and self administered questionnaire on 54 principal partners and managers (practicing in the familiar locality) representing the estate surveying and valuation firms in Ibadan (the third largest city in Africa). The information elicited from the respondents on the factors responsible for the heuristic adoption and their perceptions about the accuracy of commercial property valuation were hypothesized using chi-square. It was observed that the type of heuristic adopted impact positively on the simulated valuation outcomes. The result also fingered quality control parameters as the basis for the positivity of the heuristic adopted. The paper concluded that the adoption of heuristic in analyzing complex information will reduce time taking in executing property valuations as well as ensuring accurate opinion of values if all the recommendations suggested in the paper are properly adhere to.
Proceedings of International Conference on Construction and Real Estate Management, 2012
：The paper based on the relevance of Cost Benefit Analysis (CBA) to the evaluation of proposals o... more ：The paper based on the relevance of Cost Benefit Analysis (CBA) to the evaluation of proposals on public project executions with a view to restraining resources from undesirable projects especially at the grassroots levels in the developing countries. Further importance and the strength of CBA as a prescriptive method of comparative analysis in determining the most feasible project in a bid to avoiding functional obsolescence (even when newly completed) were elicited through comparison analysis of two (2) public projects proposed by Ejigbo Local Government of Osun State, Nigeria. The tools employed in determining the most desired project are; Cost-Benefit Ratio in consideration of the tangible costs and benefits while Preference Technique was adopted for the analysis of intangible social costs and benefits. The paper concluded that the application of CBA to the development project proposals will enhance "value for money" in the aspect of good governance, and as well as curtailing wastage of resources that do emanate many at times from undesirability of some public projects.
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Papers by STEPHEN F E M I OYEYOADE
Organization (UNESCO) advocates a 15-20% allocation of the
developing nations’ annual budget to educational development, but
the available resources are not adequate to support the sector in the
global south. Thus, University Hostel Development and Management
(UHDM) policy was selected to attract private investors for the
provision of educational facilities in Nigerian public universities. The
policy considered a public-private partnership (PPP) model to
ameliorate the menace of dilapidated infrastructures. Initially, there
was massive investors’ participation until contractual disputes started
to undermine the success recorded. Therefore, incessant disputes
without resourceful resolutions motivate the need to examine this
policy and spot the gaps for necessary improvement.
Policy: The National Universities Commission (NUC) augments the
provision of infrastructure in Nigerian public universities through the
UHDM initiative in 2004. Conflicts owing to the multiplicity of
stakeholders’ contrasting interests overwhelmed the initiative. Many
value-added projects were terminated. The poor condition of facilities
lingers to serve as a basic factor for half-baked graduates, low
employee productivity and declined socio-economic values of the
nation. This brief focuses on the role of formal dispute resolution
mechanisms (DRMs) for conflict management in PPP arrangements.
By observation, stakeholders rarely envisage potential conflicts, thus,
no contemplation of specific DRMs adoption despite the inevitability
of contractual disputes.
Recommendations: This brief recommends the inclusion of the
dispute resolution policy in the PPP Memorandum of Understanding
(MoU). Recommendations are hereby generated from the analysis of
the stakeholders’ opinions on the causes of the dispute, conflict
prevention strategies, and the relevant dispute resolution
Purpose: This study explores the deployment of Dispute Resolution Mechanisms (DRMs) in addressing
conflicts inherent in Public-Private Partnerships (PPPs) for educational infrastructure, particularly in
Nigerian universities.
Methodology: Using purposive sampling, 126 questionnaires were administered to stakeholders, including
private investors and university officials involved in PPP procurement. The study analyzed responses using
descriptive statistics, including mean values, relative importance index (RII), and Henry Garrett ranking
methods, to identify causes of dispute, prevention strategies, and DRM implementation frameworks.
Results: The study identified 21 critical causes of dispute, ranging from excessive contract variations to
inadequate risk allocation and trust deficits. Among 13 examined dispute prevention strategies, extensive
stakeholder consultations and regular site meetings emerged as the most effective. Fast-track resolution
processes were ranked as the most resourceful DRM, while litigation was the least preferred due to
inefficiencies and costs.
Implications: The findings emphasize integrating preventive measures and effective DRMs into PPP
contracts to reduce disputes, ensure project sustainability, and align stakeholders. The study offers
practical recommendations for incorporating DRMs into the PPP framework, enhancing project outcomes,
and fostering investor confidence.
Originality: This research provides a novel DRM framework tailored to the peculiarities of PPP conflicts
in Nigerian universities, addressing the scarcity of focused studies on this topic.
Limitations: The study is geographically limited to three universities in southwestern Nigeria, and findings
may not fully represent other contexts or sectors.
Conference Presentations by STEPHEN F E M I OYEYOADE
build-operate-transfer (BOT) projects related to student housing infrastructure from 1994 to
2024. Bibliometric data was obtained from Scopus and Dimensions AI, and 38 relevant articles
were selected. The analysis revealed a consistent increase in research on risk factor in BOT for
other project types since 2007, but few in student housing. Most articles originated from China,
Australia, the UK, and the USA. The numerical analysis of 22 authors of the 38 selected
articles indicated 162.8 as an average score of the total research link strength. Through the
chosen articles, keywords such as risk assessment, critical risk factors, critical success factors,
and risk mitigation were identified alongside various BOT project types. Few key terms related
to student housing infrastructure suggest insufficient attention. The study concluded on the
need to encourage research on risk factors in BOT student housing development
Organization (UNESCO) advocates a 15-20% allocation of the
developing nations’ annual budget to educational development, but
the available resources are not adequate to support the sector in the
global south. Thus, University Hostel Development and Management
(UHDM) policy was selected to attract private investors for the
provision of educational facilities in Nigerian public universities. The
policy considered a public-private partnership (PPP) model to
ameliorate the menace of dilapidated infrastructures. Initially, there
was massive investors’ participation until contractual disputes started
to undermine the success recorded. Therefore, incessant disputes
without resourceful resolutions motivate the need to examine this
policy and spot the gaps for necessary improvement.
Policy: The National Universities Commission (NUC) augments the
provision of infrastructure in Nigerian public universities through the
UHDM initiative in 2004. Conflicts owing to the multiplicity of
stakeholders’ contrasting interests overwhelmed the initiative. Many
value-added projects were terminated. The poor condition of facilities
lingers to serve as a basic factor for half-baked graduates, low
employee productivity and declined socio-economic values of the
nation. This brief focuses on the role of formal dispute resolution
mechanisms (DRMs) for conflict management in PPP arrangements.
By observation, stakeholders rarely envisage potential conflicts, thus,
no contemplation of specific DRMs adoption despite the inevitability
of contractual disputes.
Recommendations: This brief recommends the inclusion of the
dispute resolution policy in the PPP Memorandum of Understanding
(MoU). Recommendations are hereby generated from the analysis of
the stakeholders’ opinions on the causes of the dispute, conflict
prevention strategies, and the relevant dispute resolution
Purpose: This study explores the deployment of Dispute Resolution Mechanisms (DRMs) in addressing
conflicts inherent in Public-Private Partnerships (PPPs) for educational infrastructure, particularly in
Nigerian universities.
Methodology: Using purposive sampling, 126 questionnaires were administered to stakeholders, including
private investors and university officials involved in PPP procurement. The study analyzed responses using
descriptive statistics, including mean values, relative importance index (RII), and Henry Garrett ranking
methods, to identify causes of dispute, prevention strategies, and DRM implementation frameworks.
Results: The study identified 21 critical causes of dispute, ranging from excessive contract variations to
inadequate risk allocation and trust deficits. Among 13 examined dispute prevention strategies, extensive
stakeholder consultations and regular site meetings emerged as the most effective. Fast-track resolution
processes were ranked as the most resourceful DRM, while litigation was the least preferred due to
inefficiencies and costs.
Implications: The findings emphasize integrating preventive measures and effective DRMs into PPP
contracts to reduce disputes, ensure project sustainability, and align stakeholders. The study offers
practical recommendations for incorporating DRMs into the PPP framework, enhancing project outcomes,
and fostering investor confidence.
Originality: This research provides a novel DRM framework tailored to the peculiarities of PPP conflicts
in Nigerian universities, addressing the scarcity of focused studies on this topic.
Limitations: The study is geographically limited to three universities in southwestern Nigeria, and findings
may not fully represent other contexts or sectors.
build-operate-transfer (BOT) projects related to student housing infrastructure from 1994 to
2024. Bibliometric data was obtained from Scopus and Dimensions AI, and 38 relevant articles
were selected. The analysis revealed a consistent increase in research on risk factor in BOT for
other project types since 2007, but few in student housing. Most articles originated from China,
Australia, the UK, and the USA. The numerical analysis of 22 authors of the 38 selected
articles indicated 162.8 as an average score of the total research link strength. Through the
chosen articles, keywords such as risk assessment, critical risk factors, critical success factors,
and risk mitigation were identified alongside various BOT project types. Few key terms related
to student housing infrastructure suggest insufficient attention. The study concluded on the
need to encourage research on risk factors in BOT student housing development