Vol-3, Issue-6 PP. 492-504 ISSN: 2394-5788 492 | Page 30 June 2016 www.gjar.org URBAN INFRASTRUCTURE FINANCING AND MANAGEMENT IN NIGERIA Fidelis I. Emoh B.Sc, M.Sc, Ph.D., FNIVS, RSV Department of Estate Management, Nnamdi Azikiwe University, Awka, Nigeria Tel: +234(0)8033532597 Email: fi.emoh@unizik.edu.ng Uche O. Ajator B.Sc, M.Sc, Ph.D., FNIQS, RQS Department of Quantity Surveying, Nnamdi Azikiwe University, Awka, Nigeria Celestine U. Ugonabo B.Sc, M.Sc, FNIVS, RSV Department of Estate Management, Nnamdi Azikiwe University, Awka, Nigeria ABSTRACT Urban infrastructure financing and management are two critical components that are very germane for the efficient delivery of urban infrastructure services. The paper x-rayed the issue of urban infrastructure financing and management from the perspective of the concept of urban infrastructure facilities, the sources of fund for urban infrastructural development, obstacles to mobilizing resources for urban infrastructure, management approach and problems encountered in the management of the facilities using Nigeria’s case as representative of other developing nations. The paper concluded by recommending: the reorientation of public expenditures to ensure that project with high social impact and economic returns are carried out; that all public infrastructure must have annual maintenance allocation from the total budget; the underwriting of the cost of urban infrastructure through property rating; strengthening of the capital market for long term funds for urban; arranging funding based on careful feasibility and viability studies; the privatization of public utilities; encouraging public-private partnerships; promoting research focus on areas of design and engineering of infrastructural components; pursuit of planned maintenance culture as a way forward towards ensuring an effective financing and management of the nation’s urban infrastructure. Keywords: Finance, Infrastructure funding, Maintenance management, Maintenance planning, Urban infrastructure, Public- private partnerships. 1. INTRODUCTION The development of any nation cannot be considered in isolation of the infrastructural facilities prevalent in the country in question. The state of civilization of the citizenry and the proficiency of workers in a nation in their respective fields, reflect the extent to which their infrastructure have been developed.