20/07/2022
20th July 2022 The Senate of the Federal Republic of Nigeria has confirmed the appointment of Mr Michael Ohiani as the Director General of the Infrastructure Concession Regulatory Commission (ICRC). Ohiani’s confirmation followed his appointment by President Muhammadu Buhari in a letter to the Senate, and his subsequent screening by the Committee on Works of the upper legislative chamber. President Buhari’s letter read in part: “In accordance with the provision of Section 2] (1)(a) of […]
07/07/2022
The Minister of Aviation, Hadi Sirika says Nigeria will have a national carrier before the end of 2022. Sirika said this at a two-day Africa Public Private Partnership Network (AP3N) Investment programme held in Abuja on Tuesday. The programme was organised by the Infrastructure Concession Regulatory Commission with the theme, “Financing Africa’s Infrastructure through Public Private Partnership (PPP).” The News Agency of Nigeria (NAN) reports that Nigeria Air is the nation’s proposed national carrier which […]
06/07/2022
By Okeoghene Akubuike Boss Mustapha, the Secretary to the Government of the Federation(SGF), says there is the need to develop and imbibe a resilient Public Private Partnership (PPP) framework in Africa. The SGF said this on Monday in Abuja, at a two-day Africa Public Private Partnership Network (AP3N) Investment programme, with the theme, “Financing Africa’s Infrastructure through PPP”. The programme was organised by the Infrastructure Concession Regulatory Commission (ICRC). Mustapha said that a resilient and […]
02/07/2022
RESS RELEASE July 1, 2022 FG reaches commercial close for N4bn Onitsha Port concession – ICRC The Federal Government has reached commercial close for the concession of the Onitsha River Port to a private sector developer, Universal Elysium Consortium for a concession period of 30 years. The concession which is under the regulatory guidance of the Infrastructure Concession Regulatory Commission (ICRC), is for a concession period of 30 years. Speaking after the signing of the […]
24/06/2022
By Agency Report On Jun 23, 2022 The Senate on Wednesday at plenary, passed the Public Private Partnership Regulatory Commission Bill, 2022. Also passed was the Chartered Institute of Electrical and Electronic Engineering of Nigeria (Establishment) Bill, 2022. The passage of the bills, followed the consideration and adoption of two separate reports of the Committees on Works and Establishment and Public Service. Sen. Emmanuel Orker-Jev (PDP- Benue), in a presentation delivered on behalf of the Chairman, Committee on Establishment and […]
13/06/2022
June 13, 2022 PRESS RELEASE Nigeria to begin production of Military, Paramilitary uniforms in Jan. 2023 – ICRC . . . Factory 68% completed Nigeria will begin local production of uniforms for its military and paramilitary personnel from January 2022, the Infrastructure Concession Regulatory Commission (ICRC) has disclosed. The production project is a Joint Venture Public Private Partnership (PPP) between the Defence Industries Corporation of Nigeria (DICON) and Sur Corporate Wear to create the Sur […]
03/06/2022
The Infrastructure Concession Regulatory Commission (ICRC), has reiterated the need for viable and bankable projects that will be delivered through PPP, especially in the critical sectors. The Acting Director-General, ICRC, Mr Michael Ohiani, said this at the Public Private Partnership Units Consultative Forum (3PCUF) for Quarter 2, 2022, held in Abuja on Thursday. The News Agency of Nigeria(NAN) reports that the meeting was sponsored by the Nigerian Ports Authority (NPA). Ohiani said the government had given […]
30/05/2022
May 30, 2022 PRESS RELEASE Customs modernization agreement signed, to generate $176bn – ICRC The Infrastructure Concession Regulatory Commission (ICRC) has said that the Nigerian Customs Modernisation Project, a Public Private Partnership (PPP) will generate over $176 billion dollars to the Federal Government in 20 years. Acting Director General of the ICRC, Michael Ohiani disclosed this on Monday at the signing ceremony of the concession. The concession agreement was between the Nigeria Customs Service (NCS) […]
30/05/2022
May 27, 2022 PRESS RELEASE ICRC receives NNPC delegation over proposed Specialist Hospitals, intravenous plant concession …Projects to generate over N207bn in 20 years The Infrastructure Concession Regulatory Commission (ICRC) has advanced in its discussions with the Nigerian National Petroleum Corporation’s NNPC Medical Service Limited (NMSL) over the proposed establishment of 5 Specialist Hospitals and one intravenous Fluid Plant across Nigeria. The facilities which are to be established under a Design- Build-Finance-Operate-Maintain (DBFOM) Public […]
25/05/2022
PRESS RELEASE May 24, 2022 The Infrastructure Concession Regulatory Commission (ICRC) has commenced training for Ministries, Departments and Agencies (MDAs) on risk management, especially as it relates to Public Private Partnerships (PPPs). The training which was declared open by the Acting Director General of the Commission, Michael Ohiani, had Ministries of Transportation, Justice, Aviation, Water Resources as well as agencies under the Ministries in attendance. Aimed at enlightening decision makers in government agencies […]
04/05/2022
PPP: NCC issues Request For Qualification for Device Management System (DMS) Under the regulatory guidance of the Infrastructure Concession Regulatory Commission (ICRC), the Nigerian Communication Commission (NCC) has issued a Request for Qualification (RFQ) for the deployment of a single window Device Management System (DMS) for mobile communication devices. The project is collaboration between the NCC and the Federal Ministry of Communications and Digital Economy under a Public-Private Partnership (PPP) arrangement (“NCC Device Management System” […]
28/04/2022
PRESS RELEASE April 28, 2022 In its statutory bid to regulate the advancement of infrastructural development of Nigeria through Public Private Partnerships (PPPs), the Infrastructure Concession Regulatory Commission (ICRC) has issued two Full Business Case Certificates of Compliance for new infrastructure projects. The FBCs which were presented to the Minister of Transportation, Rotimi Amaechi, were for the concession of the Badagry Deep Seaport and the Floating Dry Dock for NIMASA. Acting Director General of the […]
27/04/2022
PRESS RELEASE April 27, 2022 Nigeria being repositioned as PPP knowledge base in Africa – ICRC The Infrastructure Concession Regulatory Commission (ICRC) says that it is working very assiduously to reposition Nigeria as the Public Private Partnership (PPP) knowledge base in Africa. Acting Director General of the Commission, Michael Ohiani said this during the first meeting of the Nigerian Public Private Partnership Network (NPPPN), a network that brings together all heads of PPP at state […]
14/04/2022
…Projects to generate N140bn, create 3,000 jobs in 10 years April 13, 2022 The Infrastructure Concession Regulatory Commission (ICRC) has issued two Full Business Case certificates (FBCs) for the concession of e-ticketing for the Lagos/Ibadan and Warri/Itakpe rail services. Acting Director General of the ICRC, Michael Ohiani, presented the FBCs on Wednesday to the Minister of Transportation, Rotimi Amaechi, for the projects which will be domiciled in the Nigerian Railway Corporation (NRC). Speaking before […]
08/04/2022
…As NASRDA boss hails ICRC as key to Nigeria’s development The Infrastructure Concession Regulatory Commission (ICRC) has thrown its weight behind the National Space Research and Development Agency (NASRDA) in its quest for effective satellite solutions in rural areas. Acting Director General of the ICRC, Mr. Michael Ohiani gave the assurance when he received a team from the Space Agency led by its Director General Dr. Halilu Shaba, who came on a courtesy visit to […]
28/03/2022
PRESS RELEASE March 28, 2022 ICRC receives Shippers’ Council delegation, harps on PPPs to bridge infrastructure gap The Infrastructure Concession Regulatory Commission (ICRC) has emphasized the need to utilize Public Private Partnerships in bridging the Infrastructure gap in the country. This is even as it has identified PPP models as a strategy that could be deployed in the transportation of goods to reduce over reliance on trucking which damages road infrastructure. Acting […]