NEWS AGENCY OF NIGERIA

ICRC commits to strengthening Nigeria’s infrastructure framework in 2025

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By Okeoghene Akubuike

The Infrastructure Concession Regulatory Commission (ICRC) says it is committed to strengthening Nigeria’s infrastructure framework in 2025.

Its Director-General (D-G), Dr Jobson Ewalefoh, made the commitment in a statement in Abuja on Tuesday.

Ewalefoh said the commission would deploy innovative financing models and harness private sector expertise to deliver projects that transform lives and drive economic resilience.

“As we celebrate the holiday season and prepare for a new year, I wish to extend warm greetings to our partners, stakeholders, and all Nigerians.

“This year has been transformative for the ICRC. Together, we have worked tirelessly to accelerate infrastructure development and bridge the nation’s infrastructure gap through innovative public-private partnerships (PPPs).

“As we look ahead to 2025, our vision is to solidify Nigeria’s infrastructure framework by deploying innovative financing models.

“Also by harnessing private-sector expertise to deliver projects that transform lives and drive economic resilience.”

The D-G said it was important to recognise and commend the visionary leadership of President Bola Tinubu, saying his unwavering dedication to delivering a new Nigeria had set the nation on a path of remarkable transformation.

“Under his administration, we are witnessing deliberate efforts to build a stronger economy, develop robust infrastructure, create meaningful jobs for our youth, and implement policies that foster inclusivity and sustainable development.

“President Tinubu’s forward-thinking initiatives have not only rekindled hope in Nigeria’s future but have also positioned the country as a beacon of progress in Africa.”

Ewalefoh said with the charge from the President, the commission under his leadership had achieved key milestones, including streamlining processes to deliver PPP approvals in record time.

He said the ICRC was also fostering inter-agency collaboration, and attracting private-sector investments to projects critical to national development.

The D-G said the commission had introduced reforms to ensure PPP projects deliver optimal value, strengthen investor confidence, and guarantee economic growth.

“On behalf of the ICRC, I thank you for your partnership and unwavering support since my appointment in July.

“Let us continue to work together to realise a future where infrastructure development uplifts every Nigerian.

“I extend my deepest gratitude to Mr President for the confidence reposed in me through my appointment as D-G.

“I assure him of my unwavering commitment to diligently execute my duties in alignment with his Renewed Hope Agenda, which is delivering uncommon transformation across Nigeria.

“Wishing you a joyous holiday season and a prosperous New Year.” (NAN) (www.nan news.ng)

Edited by Oluwafunke Ishola

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