19/09/2024
September 18, 2024 PPPs: FG to audit all projects, enforce statutory insurance of PPP assets – ICRC … Honours interior minister as PPP icon for attracting over $500million investment through PPPs …As Minister moves to make agencies self-sufficient through PPP The Federal Government through the Infrastructure Concession Regulatory Commission (ICRC), has said that it would conduct an audit of all Public Private Partnership projects to ascertain their performance as well as ensure that […]
25/03/2024
Electricity Act: Nnaji urges States to employ PPP in Power infrastructure, …advocates Regional Power projects over individual state-owned …As ICRC hosts quarterly Nigeria PPP Network State governments have been urged to employ Public Private Partnerships (PPPs) in procuring power infrastructure in their states. Prof. Bart Nnaji, a former Minister of Power gave the charge on Thursday when he presented a paper at the first quarter 2024 Nigeria Public Private Partnership Network (NPPPN) meeting which […]
19/10/2023
October 19, 2023 …First PPP project approved in Tinubu’s administration … Facility to manufacture, maintain and provide engineering services The Federal Executive Council has approved the concession of the Central Workshop Ijora to a private sector firm for rehabilitation and optimal operation under the regulatory guidance of the Infrastructure Concession Regulatory Commission (ICRC). This is the First Public Private Partnership (PPP) projects to be approved under the new administration of H.E. President Bola Ahmed […]
29/05/2023
May 29, 2023 CONGRATULATORY MESSAGE TO HIS EXCELLENCY BOLA AHMED TINUBU, GCFR AND HIS EXCELLENCY ALHAJI KASHIM SHETTIMA, GCON; ON THEIR INAUGURATION AS PRESIDENT AND VICE PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA The Management and Staff of the Infrastructure Concession Regulatory Commission (ICRC) heartily congratulate H.E. Sen. Bola Ahmed Tinubu, GCFR and H.E. Kashim Shettima, GCON on their inauguration as 7th democratically elected President and Vice President respectively, of the Federal Republic of […]
16/02/2023
The Federal Ministry of Transportation (FMOT) and the Nigerian Ports Authority (NPA) in collaboration with the Edo state government have called for bids for the development of the Benin Port (on an area of approximately 20 hectares) under a public-private partnership (PPP). In an advert for the project, the government said the purpose of the proposed project was to enhance the national water transportation capacity and to develop a multi-purpose port with capability to handle […]
13/02/2023
…Seeks PPP to manage, sustain project PRESS RELEASE February 9, 2023 The Federal Government has begun moves to incorporate the website of its Ministry of Foreign Affairs and those of all Foreign Missions into one unified portal. The unified web portal whose management is proposed to be handled under a Public Private Partnership (PPP) model seeks to among other things, provide a platform for stranded Nigerians to reach out and get help. Minister of […]
02/12/2022
By Okeoghene Akubuike Michael Ohiani, Director-General, Infrastructure Concession Regulatory Commission (ICRC) says the Federal Government has recorded successes in Public Private Partnership (PPP) projects in major sectors of the economy. Ohiani said this at the Fourth Quarter 2022 PPP Units’ Consultative Forum (3PUCF) in Abuja on Thursday. The News Agency of Nigeria (NAN) reports that the fourth quarter forum was hosted by the Nigeria Communications Commission (NCC). Ohiani said the sectors, which had recorded milestones […]
02/11/2022
PRESS RELEASE November 2, 2022 FEC approves establishment of Planetarium, Museum to boost tourism, generate N30bn The Federal Executive Council on Wednesday approved the establishment of a Planetarium and Museum at the National Space Research and Development Agency (NASRDA). The projects which will adopt an Equip, Operate and Maintain Public Private Partnership Model, followed regulatory guidance of the Infrastructure Concession Regulatory Commission (ICRC). The project is designed to run for a concession period […]
30/09/2022
62nd Independence Anniversary Message from DG, ICRC, Michael Ohiani September 30, 2022 The Management & Staff of the Infrastructure Concession Regulatory Commission (ICRC) heartily congratulate His Excellency, President Muhammadu Buhari (GCFR) and the good people of Nigeria on the historic occasion of our nation’s 62nd Independence Day Celebration. Your Excellency, on this special occasion, we restate your commitment to Public Private Partnership (PPP) methodology as a preferred procurement model for achieving Nigeria’s inclusive growth and […]
23/09/2022
By Daily Trust The Infrastructure Concession Regulatory Commission (ICRC) has said over $9 billion (about N3.865 trillion) projects were approved by the federal government under the Public-Private-Partnership since 2010. The Director General of ICRC, Mike Ohiari, who made the disclosure during a visit by the management of Media Trust Group yesterday in Abuja, stated that the projects were approved due to its guidance and 72 of them are under its supervision. Ohiari said the commission […]
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 […]
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 […]
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) […]
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” […]
01/03/2022
The Infrastructure Concession Regulatory Commission (ICRC) says the Federal Government is poised in its commitment to bridging the infrastructure gap in Nigeria. The Acting Director-General of the commission, Mr Michael Ohiani said this in an interview with the News Agency of Nigeria (NAN) in Abuja on Sunday. The ICRC boss hinted that plans were at advanced stage to begin the process of procuring a concessionaire for the Lagos/Ibadan rail and the Itakpe/Warri rail. Ohiani said […]
18/09/2021
In this interview with KINGSLEY OKOH, the Minister of Water Resources, Suleiman Adamu speaks on the provision of irrigation facilities and how Nigeria is adding more power to the national grid through the dams. Opposition to the Water Bill is getting stronger by the day. Are you engaging enough with the leadership of the national assembly? Recently we had a meeting with the chairman of the Senate and House Committees on the way forward. I […]