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 […]
19/03/2022
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 […]
11/03/2022
March 10, 2022 PRESS RELEASE Edo Govt. delegation visits ICRC, targets own Agro-based River Port Representatives from the Edo State Government on Wednesday, paid an introductory visit to the Infrastructure Concession Regulatory Commission (ICRC). The visit was to intimate the Commission on the plans by the state government to finalise and submit an Outline Business Case (OBC) for the establishment of an Agro-based River Port in the state. The delegation, led by Mr. Greg Ogbeifun, […]
01/03/2022
March 1, 2022 PRESS RELEASE Lekki Deep Sea Port at 81 percent completion – ICRC The Infrastructure Concession Regulatory Commission (ICRC) wishes to state that the Lekki Deep Sea Port project is now over 80 percent completed. Although it was widely reported across several media outlets that the project is at 96 percent completion, the Commission wishes to clarify that the project is at 81.14 percent completion. Breakdown of the completion status show that: dredging […]
18/02/2022
PRESS RELEASE February 18, 2022 Fishery coastal terminal concession will generate over N5bn, create jobs, boost Forex earnings – ICRC The Infrastructure Concession Regulatory Commission (ICRC) says that plans have been concluded to create jobs, boost foreign exchange earnings and generate over N5 billion through the Fisheries Coastal Terminal Concession project. The project which among others, targets a boost in exportation of fishes, will ensure the rehabilitation and upgrade of the terminal and operation of […]
03/02/2022
The Infrastructure Concession Regulatory Commission (ICRC) has said that the Onitsha River Port will serve as an alternative source of transporting goods to the South East from Lagos, Port Harcourt and other areas with adequate water connectivity. The 30-year concession, approved by the Federal Executive Council, under a Rehabilitate-Operate and Transfer (ROT) arrangement, targets a revenue generation of N50 billion. The project is domiciled in the Ministry of Transportation with Messrs Universal Elysium Consortium as […]
19/03/2021
Obinna Nwachukwu Mar 17, 2021 The director- general/chief executive of the Infrastructure Concession Regulatory Commission (ICRC), Chidi Izuwah, has passed on at the age of 55. The sad event took place Tuesday, March 16, 2021, after a protracted illness, according to sources within the organisation. His death marks a huge setback to the nation’s quest for infrastructure development, a project that the late Izuwah was passionate about. In the last two years, his efforts yielded over $15 […]
17/03/2021
Director-General of the Infrastructure Concession Regulatory Commission, ICRC, Engr. Chidi Izuwah has passed on at the age of 55. The sad event took place Tuesday 16th March 2021 after a protracted illness. In a message to the staff of the Commission earlier today, Acting Director-General of the Commission, Mike Ohiani wrote: “With a heavy heart I announce the passing away of our DG, Engr. Chidi Izuwah. You will be notified in due course about the […]
31/01/2021
This is to notify the investing public that the Special Concession Account (SCA) has become operational and has within a few months of its operation, yielded the sum of N2,400,689,340.00 (Two billion Four Hundred Million Six Hundred and Eighty-Nine Thousand Three Hundred and Forty naira) which has duly reflected in the Special Concession Account (SCA) with the Central Bank of Nigeria (CBN). It may be recalled that in line with Presidential directives to ensure that […]
28/11/2020
PUBLIC NOTICE INVITATION TO BID NUMBER ICRC/PROC/1/2020 SPECIFIC PROCUREMENT NOTICE (SPN) FOR THE SUPPLY OF INFORMATION & COMMUNICATION TECHNOLOGY (ICT) EQUIPMENT AND CONSULTANCY SERVICES FOR CONTRACT COMPLIANCE VALIDATIONS
11/10/2020
ADDENDUM REQUEST FOR QUALIFICATION (RFQ): CONCESSION OF THE NATIONAL STADIUM COMPLEX & ATHLETES’ HOSTEL, SURULERE, LAGOS AND ATHLETES’ HOSTEL AT PACKAGE B, MOSHOOD ABIOLA NATIONAL STADIUM PACKAGE B, ABUJA IN ACCORDANCE WITH THE INFRASTRUCTURE CONCESSION REGULATION COMMISSION ESTABLISHMENT ACT The interested bidders and general public are kindly referred to the advertisement published in the “The Nation” Newspaper of Vol. 13, No. 5144, page 30, “Daily Trust” Newspaper of Vol. 51, No. 16, page 48 and […]
20/09/2020
ICRC COMMENDS AND PLEDGES CONTINUED SUPPORT TO NNPC’s FLAGSHIP BOT PPP PROJECT FOR HER PIPELINE & DEPOT DOWNSTREAM OPERATIONS TOWARDS IMPROVING EFFICIENCY IN NIGERIA’S OIL AND GAS SECTOR The Infrastructure Concession Regulatory Commission (ICRC) has commended the Nigerian National Petroleum Corporation (NNPC) for its dedicated focus in improving efficiency in the country’s oil and gas sector via private sector participation to optimize the operations of her Downstream Critical Pipelines and Associated Depots/Terminal Infrastructure through a […]
15/09/2020
The attention of the Infrastructure Concession Regulatory Commission has been drawn to very dangerous fake news circulating about Kainji Dam. As part of the Power Sector reforms, Kainji Hydropower Facilities are on concession to Mainstream Energy Solutions Ltd. Mainstream’s responsibility includes safe custody of the entire dam structure and appurtenances. The ICRC, being the statutory agency responsible for pre and post contract regulation of PPPs and concessions has continued regular technical and other compliance monitoring […]
02/09/2020
The Director General of the Infrastructure Concession Regulatory Commission, Engr. Chidi Izuwah today lent his voice to those of several other Nigerians in congratulating President Muhammadu Buhari and the good people of Nigeria on the successful reopening of the Akanu Ibiam Airport, Enugu. In separate letters addressed to Mr. President, the Hon. Minister of Aviation, Hadi Sirika as well as the Managing Directors of the Federal Airports Authority of Nigeria (FAAN) and the Nigeria Airspace […]
15/08/2020
Unsolicited PPP Proposals (Privately Initiated Infrastructure Proposals – PIIP) is a powerful tool that allows the private sector to take the lead on initiating and developing a PPP project that alongside other procurement methods, can rapidly mobilize private sector capital and expertise to build stronger infrastructure pipelines, improve efficiency and increase innovation in infrastructure services delivery in emerging economies. Important factors for ensuring they are successful include adequate government technical capacity, solid programme frameworks, transparency, […]
08/07/2020
German Based Global Health Organization PPPHEALTH4ALL Appoints Engr. Chidi Izuwah Snr Member of her International Advisory Board. The Director General/CEO of Nigeria’s Infrastructure Concession Regulatory Commission (ICRC), Engr. Chidi Izuwah, has been appointed a Member of the International Advisory Board of PPPHEALTH4ALL. Advisory Board PPPHEALTH4ALL is a multi-Stakeholder knowledge platform for Global Health Partnerships, whose vision is a world in which everyone can live a long and healthy life. Her mission statement is to improve […]