04/08/2022
Michael Ohiani, DG ICRC

Tackling Infrastructure Gap Via Public Private Partnership

Paradigm shift from wholesale projects financed by government to adoption of Public Private Partnerships (PPPs) model is a pathway to bridging Nigeria’s infrastructure gap, ABDULWAHAB ISA reports   Nigeria is infrastructure deficient, no doubt. The President, African Development Bank (AfDB), Dr Akinwumi Adesina, last year, estimated that Nigeria would be needing over $100 billion yearly for the next 30 years to close her infrastructure deficit. The Association for Consulting Engineering in Nigeria (ACEN) in a […]
30/07/2022
FEC approves concession of Badagry Deep Sea Port, targets $53bn revenue

‘PPP is a dependable vehicle for accelerating infrastructure development’

In one week, the federal government has launched the Nigeria Integrated Infrastructure Master Plan (NIIMP) and organised a summit on infrastructure financing hosted by the Infrastructure Concession Regulatory Commission (ICRC), in collaboration with the Africa Public-Private Partnership Network (AP3N). These two events and the submissions made have shown the level of importance that government now attaches to infrastructure provision in the country through public-private partnerships. Assistant Editor NDUKA CHIEJINA reports. Having dawned on it that […]
06/07/2022
Africa needs to develop vibrant, resilient PPP framework – SGF

Africa needs to develop vibrant, resilient PPP framework – SGF

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 […]
24/06/2022

Senate Passes Public Private Partnership Regulatory Commission Bill

  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 […]
03/06/2022
Acting Dg of ICRC Michael Ohiani at the 2nd quarter Public Private Partnership Units Consultative Forum (3PUCF) in Abuja on Thursday

ICRC reiterates need for viable projects through PPP

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 […]
19/03/2022
ICRC meets Abuja/Kaduna rail e-ticketing Concessionaire

ICRC meets Abuja/Kaduna rail e-ticketing concessionaire

PRESS RELEASE March 18, 2022 The Infrastructure Concession Regulatory Commission (ICRC) has met with Secure ID, the concessionaire for the Abuja /Kaduna rail electronic ticketing service. The meeting which was at the instance of the ICRC was called in a bid to address certain concerns raised by passengers on the Service. Sone of the challenges for which the meeting was called include: failed transactions and difficulty with getting refund, issuing of duplicate tickets, empty seats […]
18/03/2022

Head of Service to partner with ICRC on efficient civil service

By Nana Musa The Head of the Civil Service of the Federation (HOCSF), Dr Folasade Yemi-Esan, has said the office of the HOCSF is collaborating with the Infrastructure Concession Regulatory Commission (ICRC) to ensure an effective civil service for the country. Yemi-Esan who stated this on Thursday in Abuja at the First Quarter Public Private Partnership Units Consultative Forum Meeting, added that the aim was to attain a World-class civil service. Yemi-Esan who was represented […]
15/03/2022

GARKI HOSPITAL IS BETTER RUN ON A PPP MODEL

Sefiya Ahmad writes that the PPP initiative at Garki Hospital is working remarkably well For a large population of ordinary Nigerians living in the Federal Capital Territory, Abuja, government hospitals remain the option when considering accessibility, affordability and quality service. They are however often mindful of the costs, waiting time to see a doctor or have their laboratory tests conducted. Available information indicates that the population in the Federal Capital Territory has grown from 1.5 […]
08/03/2022
Request for Proposal (RFP) for the establishment of a National Carrier

FG issues Request For Proposal for Nigeria Air

The Federal Government of Nigeria, through its Ministry of Aviation, has issued a Request for Proposal (RFP) for the establishment of a National Carrier. The RFP is in compliance with the Infrastructure Concession Regulatory Commission (ICRC) Act, 2005. This is in keeping to the promise made by the government and reiterated by the Acting Director General of the ICRC, Mr Michael Ohiani, that Nigeria Air will fly before the end of the current administration of […]
02/03/2022

ICRC implements 173 concessions worth $9bn since inception — D-G

Mr Micheal Ohiani, the Acting Director-General (D-G), Infrastructure Concession Regulatory Commission (ICRC), says the organisation has implemented 173 concessions worth nine billion dollars since its inception in 2008. Ohiani said this in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja. According to him, ICRC has been able to issue 116 Outline Business Cases (OBC) certificates and 47 Full Business Case (FBC) certificates approved by the Federal Executive Council (FEC). He, […]
01/03/2022
Nigeria Air to fly before June 2023 – ICRC

Nigeria Air to fly before June 2023 – ICRC

The Infrastructure Concession Regulatory Commission (ICRC) says Air Nigeria will begin to convey Nigerians before the end of President Muhammad Buhari’s administration. Acting Director-General (I-G) of the commission, Mr Michael Ohiani told the News Agency of Nigeria (NAN) in Abuja on Sunday, that the ICRC was now working round the clock to get it operational. Ohiani said that ICRC was working closely with the Ministry of Aviation, adding that a new presidential approval had just […]
24/02/2022
Request for Qualification: National Fire Detection & Alarm System

Request for Qualification: National Fire Detection & Alarm System

The Federal Fire Service under the Ministry of Interior hereby Requests for Qualification, a Public Private Partnership (PPP) for the procurement of a National Fire Detection & Alarm System Incorporating Networking, Monitoring and Dispatcher Real-Time Integration with Federal Fire Service. This is in compliance with the Infrastructure Concession Regulatory Commission (ICRC) Establishment Act 2005 and National Policy on Public Private Partnerships (N4P). Interested companies or consortiums are requested provide among others,  Evidence of Incorporation with […]
02/02/2022

ICRC MOURNS SHONEKAN

The Management and Staff of the Infrastructure Concession Regulatory Commission (ICRC), mourns the passing of its pioneer Governing Board Chairman, His Excellency, Chief Dr. Ernest Shonekan GCFR, CBE who died on Tuesday,  January 11, 2022.  On account of his inspiring leadership and guidance, he laid the foundation that has placed the Commission as the preeminent infrastructure regulatory agency in Nigeria. In his time as Chairman of ICRC’s Governing Board, between 2008 – 2012, some of […]
27/01/2022

FG approves Revenue Assurance Solution (RAS) Project: To generate N1.2trn in 10 years

27th January 2022 Following the review and issuance of compliance certificate of the Full Business Case (FBC) by the Infrastructure Concession Regulatory Commission (ICRC), the Federal Executive Council (FEC) has given approval for the Revenue Assurance Solution (RAS) project through the Design, Finance, Build, Operate and Transfer (DFBOT) Public Private Partnership (PPP) model. The RAS, designed by the Nigerian Telecommunications Commission (NCC) and the Federal Ministry of Communications and Digital Economy (FMCDE), seeks to improve […]
27/01/2022

Aviation: Move to establish MRO, leasing company in final stages-FG

The Federal Government’s Public-Private Partnership (PPP) to the establishment of an aviation leasing company and Maintenance, Repair and Overhaul (MRO) facility has reached final stages as the Full Business Case (FBC) will be presented to the Project Delivery Team (PDT) for deliberation in Abuja, Daily Sun can confirm. Barring any unforeseen circumstance, the FBC, which will provide all the information needed to support the government’s decision to move ahead with the PPP will be presented […]
20/01/2022

ICRC MOVES TO RE-ENERGIZE 6 DRY PORT CONCESSIONS … AS TWO CONCESSIONAIRES PLEDGE TO BEGIN OPERATION BEFORE MAY 2022

20th January 2022 In a bid to get the six Inland Container Depots (ICDs) located in each of the geo-political zones of Nigeria to become operational, the Infrastructure Concession Regulatory Commission (ICRC) on Wednesday, held a meeting with the Nigerian Shippers’ Council (NSC) who are the owners of the project and the Concessionaires. The meeting, which was at the instance of the ICRC, the agency of government under the Presidency, charged with the responsibility of […]