13/12/2022
The Federal Executive Council (FEC) last week, approved the redevelopment of the Nigeria Police’s Deputy Inspector General (DIG) Quarters in Maitama, Abuja under a Public Private Partnership Arrangement. The project which is under the regulatory guidance of the Infrastructure Concession Regulatory Commission (ICRC), will adopt the Design-Finance-Build-Lease and Transfer PPP model, with Cosgrove Investment Limited as the Concessionaire. According to the Full Business Case Certificate of Compliance (FBC) awarded to the Nigeria Police Force (NPF), […]
27/09/2022
PRESS RELEASE September 27, 2022 FG to deploy PPP solution to boost excise, tax revenue – Receives OBC from ICRC In its bid to mitigate the dwindling revenue and foster more non-oil revenue streams, the Federal Government is on the verge of deploying an Integrated Secure Track and Trace Solution to boost revenue earnings through excise and tax collection. This was made known when the Director General of the Infrastructure Concession Regulatory Commission (ICRC) Michael […]
21/09/2022
PRESS RELEASE September 21, 2022 ICRC assisting states to take on infrastructure development through PPP – Ohiani The Infrastructure Concession Regulatory Commission (ICRC) said that it is readily available to assist the states of the Federation including the Federal Capital Territory to take on viable infrastructure projects using Public Private Partnerships (PPP). Director General of the ICRC, Michael Ohiani disclosed this on Tuesday when he received a delegation of Media Trust Group, owners of Daily […]
02/09/2022
ICRC DG visits BPP, seeks partnership on Infrastructure development September 2, 2022 Mr Michael Ohiani, Director General of the Infrastructure Concession Regulatory Commission (ICRC) has sought the partnership of the Bureau for Public Procurement (BPP) in infrastructure development using private sector funding. Ohiani who led a team of ICRC management staff on a courtesy visit to the BPP DG, Mr Mamman Ahmadu, said that the function of both organizations are interwoven hence the need to […]
16/08/2022
August 15, 2022 ICRC issues FBCs for broadband, planetarium projects, to fight insecurity, generate N48bn revenue, and create over 10,000 jobs The Infrastructure Concession Regulatory Commission (ICRC) has issued two Full Business Case (FBC) certificates to the Federal Ministry of Science, Technology and Innovation for the concession of a Satellite Internet Broadband project as well as a Museum and Planetarium project. The FBCs which were presented by the Director General of the ICRC, Michael […]
10/08/2022
NACCIMA delegation visits ICRC, seeks partnership on infrastructure development August 10, 2022 The Nigeria Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has sought collaboration with the Infrastructure Concession Regulatory Commission (ICRC) on infrastructure development. National President of NACCIMA, Ide John Udeagbala who led a delegation of national officers to the ICRC office, said that its members were interested in contributing to the nation’s infrastructure development. He said that the association was interested […]
04/08/2022
PRESS RELEASE August 4, 2022 FEC approves concession of Badagry Deep Sea Port, targets $53bn revenue In its quest to bridge infrastructure gap through Public Private Partnerships (PPPs) the Federal Executive Council (FEC) has approved the concession of the Badagry Deep Sea Port on a Build Own Operate and Transfer (BOOT) PPP model. The approval by FEC followed the isuance of the Full Business Case Certificate (FBC) by the Infrastructure Concession Regulatory Commission (ICRC) in […]
21/07/2022
BPE DG congratulates Ohiani for well-deserved confirmation as DG ICRC July 21, 2022 The Director General of the Bureau of Public Enterprises (BPE), Alex Okoh has congratulated the Director General of the Infrastructure Concession Regulatory Commission (ICRC, Michael Ohiani, on his well-deserved confirmation as substantive DG by the Senate on Wednesday. Okoh who led a delegation of top management staff of the BPE on a visit to the ICRC on Thursday, said that Barr. Ohiani […]
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 […]
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 […]
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 […]
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 […]