Tinubu empowers ICRC to implement approval thresholds for PPP projects

By Okeoghene Akubuike President Bola  Tinubu has empowered the Infrastructure Concession Regulatory Commission (ICRC) to implement a more efficient and better streamlined Public-Private Partnership (PPP) project delivery process. Dr Jobson Ewalefoh, Director -General ICRC, said this in a statement by Ifeanyi Nwoko, Acting Head, Media and Publicity, ICRC on SundayContinue Reading

FG, ICRC partner on water, sanitation infrastructure

By Akpan Glory The Minister of Water Resources and Sanitation, Prof. Joseph Utsev, has reaffirmed the Federal Government’s commitment to promoting Public-Private Partnerships in the water and sanitation sector in collaboration with the Infrastructure Concession Regulatory Commission (ICRC). This collaboration is aimed at advancing President Bola Tinubu’s Renewed Hope Agenda.Continue Reading

FG moves to address drug access in neglected regions- ICRC D-G

By Okeoghene Akubuike Dr Jobson Ewalefoh, the Director-General (D-G) , Infrastructure Concession Regulatory Commission (ICRC), has applauded the approval of the MEDIPOOL project as a major breakthrough towards addressing drug access in Nigeria’s most underserved regions. This is contained in a statement issued by Ifeanyi Nwoko, Acting Head, Media andContinue Reading

FG, World Bank explore capital market option to fund infrastructure

By Okeoghene Akubuike The Federal Government says it is discussing with the International Finance Corporation (IFC) to explore capital market and funding options in Nigeria for infrastructure development through Public Private Partners A statement issued by Ifeanyi Nwoko, Acting Head, Media and Publicity, ICRC on Sunday in Abuja, said thisContinue Reading

FG approves concession of Kashimbila Cargo/Agro-Allied Airport

By Okeoghene Akubuike The Federal Executive Council (FEC) has approved the concession of the Kashimbila Integrated Cargo/Agro-Allied Airport in Taraba, under a Public Private Partnership (PPP) arrangement. A statement issued in Abuja on Friday by Ifeanyi Nwoko, Acting Head, Media and Publicity, Infrastructure Concession Regulatory Commission (ICRC), said that theContinue Reading

Public-Private Partnership regulation effective driver of economic growth

By Chijioke Okoronkwo, News Agency of Nigeria (NAN) By many accounts, Public-Private Partnership (PPP), if properly harnessed, can be a veritable driver of economic growth. Nonetheless, experts say proper regulation is paramount in order to achieve efficiency in PPP arrangements. Recently, the Federal Government directed that all PPP agreements shouldContinue Reading

ICRC, NAICOM collaborate to enforce insurance cover for PPP assets

  By Sumaila Ogbaje The Infrastructure Concession Regulatory Commission (ICRC) is to partner with the National Insurance Commission (NAICOM) on ensuring that concessionaires procure insurance covers for assets under Public Private Partnership (PPP) arrangements.   This is contained in a statement by the Acting Head, Media and Publicity, ICRC, IfeanyiContinue Reading

Governors Forum advocates PPP expansion to close infrastructure gap

By Okeoghene Akubuike The Nigeria Governors Forum (NGF) has called for collaborative efforts to enhance Public-Private Partnerships (PPPs) to address Nigeria’s infrastructure gap. AbdulRahman Abdulrazaq, Governor of Kwara and Chairman of the NGF, made this call at the 2nd Joint PPP Units Consultative Forum (3PUCF) and the Nigeria PPP NetworkContinue Reading