11/01/2018
THE Federal Government and the Akwa Ibom State government will begin the procurement for the Ibom Deep Seaport (IDSP) project this month. A statement from the technical committee of the project recently said the procurement process will begin with seeking for private sector port developer/operators. It noted that the committee has chosen Global Maritime and Port Services Pte Ltd (GMAPS) of Singapore as the Transaction Advisor while PwC, Nigeria is the Project Manager. It said […]
10/01/2018
The Federal Government of Nigeria and the Akwa Ibom State Government, in line with the Infrastructure Concession Regulatory Commission (est.) Act 2005 and the National Policy on Public Private Partnership on the Development of Ibom Deep Seaport.
10/01/2018
10/01/2018
The managements of the Federal Road Management Agency (FERMA) and the Infrastructure Concession Regulatory Commission are in a partnership that would engender a sustainable road infrastructure mechanism for the country. The decision was reached at a meeting between the two agencies in Abuja on Tuesday. At the meeting, the ICRC Acting Director General, Engr. Chidi Izuwah and FERMA’s Managing Director, Engr. Nurudeen Rafindadi, agreed to study all options and pick the ones that would change the […]
29/12/2017
Nigeria made top class in the “2017 year in review” ranking of the World Bank Group (WBG) Public Private Partnerships (PPP) blogs. According to Yelena Osipova-Stocker, the Online Communications Officer for the Infrastructure, PPPs and Guarantees Group of the WBG; “2017 was a busy year in the world of infrastructure and public-private partnerships at the World Bank Group: from new knowledge products and tools, to innovations and success … As we look at our top […]
29/12/2017
The Infrastructure Concession Regulatory Commission (ICRC) has indicated the possibility of replicating more Public Private Partnership (PPP) arrangements in the moribund health care system following huge success recorded with the concession of Garki specialist Hospital, Abuja which has brought in more efficiency there. Chidi Izuwah, Acting Director General and Chief Executive Officer, ICRC who gave the indication in Abuja on Thursday announced of plans to commence a world class case study of the Garki hospital […]
28/12/2017
Addendum to request for pre-qualification for Operations and Maintenance of Abuja and Lagos Premier Medical Warehouses. Please click here to download Advertorial
21/12/2017
The Federal Executive Council (FEC) at its meeting on the 13th of December, 2017 gave approval to the US$2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline project. The PPP Compliance Certificate of the project in line with the ICRC Act and the National Policy on Public Private Partnership was issued by the Infrastructure Concession Regulatory Commission (ICRC) on the 10th of July, 2017. The project will be delivered through a Build and Transfer (BT) PPP model […]
18/12/2017
Submitted by Darwin Marcelo Does experience in implementing Public-Private Partnerships (PPPs) reduce a country’s chances of contract failure? In a recent study entitled Do Countries Learn from Experience in Infrastructure PPPs, we set out to empirically test whether general PPP experience impacts the success of projects—in this case, captured by a project’s ability to forego the most extreme forms of failure that lead to cancellation. We learned from individual country and project-based cases that many […]
18/12/2017
On 11 September 2017, the President Buhari-led government of the Federal Republic of Nigeria, announced plans to grant operating concessions over four of the ten international airports in Nigeria – the Murtala Mohammed International Airport in Lagos State, Nnamdi Azikwe International Airport in Abuja, Port Harcourt International Airport in Rivers State and Aminu Kano International Airport in Kano State. Only a few days before (4 September), the National Council on Privatisation, under the chairmanship of […]
14/12/2017
Today, in the full glare of the public and as a solid sign of the Ease of Doing Business and transparency in PPP procurement drive of HE President Muhammed Buhari, commercial offers for supply, operate and maintain of a self sufficient utility scale solar PV plant happened at the Federal Ministry of Power, Works and Housing (Power Sector) with the ICRC providing appreciated regulatory guidance. The effort is part of the Ministry’s initiative aimed at […]
12/12/2017
Infrastructure Ontario (IO) and Metrolinx have issued a Request for Qualifications (RFQ) for interested parties to design, build and finance the Lakeshore West Corridor Infrastructure Improvements project. The infrastructure upgrades are required to accommodate the planned expansion of GO Transit rail service on the Lakeshore West line. GO Transit is the regional public rail system for the Greater Toronto and Hamilton Area (GTHA), in Southern Ontario. The Lakeshore West line runs from Union Station in Toronto to Hamilton, with summer weekend and holiday excursion service extending to Niagara Falls. The RFQ outlines the scope of work […]
12/12/2017
The Government of Ghana (GoG), through the Ministry of Transport (MoT) and the Ministry of Railways Development (MoRD) and their respective agencies, namely; Ghana Shippers’ Authority (GSA), Ghana Ports and Harbours Authority (GPHA)and the Ghana Railway Development Authority (GRDA), hosted a market sounding event for the Boankra Inland Port and the Eastern Railway Line project last week. The event took place on Wednesday, 6th December. The project aims to ease the congestion at the main ports in Ghana, the Tema and Takoradi ports, and also to bring import and export services […]
12/12/2017
“The nation has a huge infrastructure deficit for which we require foreign capital and expertise to supplement whatever resources we can marshal at home. In essence, increased engagement with the outside world is called for as we seek public-private partnerships in our quest for enhanced capital and expertise. This is the way of the new world for all countries in the 21st century.” – HE President Muhammadu Buhari Within the first 100 days of his administration, […]
12/12/2017
The Kano State Governor, Dr. Abdullahi Ganduje has expressed the willingness of the state to embrace public-private partnership (PPP) to revive the ailing cotton industry in the state. Ganduje stated this at a workshop for financial journalists with theme: ‘The Role of Nigeria Banking Sector: Opportunities, Challenges and the Way forward’ organised by the Nigeria Deposit Insurance Corporation (NDIC) in Kano recently. “We need public private investment to revive the cotton industry,” Ganduje, who was […]
08/12/2017
The Infrastructure Concession Regulatory Commission (ICRC) has reiterated commitments to ensure the success of Public Private Partnership (PPP) in the country. Mr Chidi Izuwah, Acting Director-General of ICRC, disclosed this at the Fourth Quarter 2017 PPP Units Consultative Forum on Thursday in Abuja. Izuwah also commended members of the consultative forum in their effort towards ensuring national infrastructure and service development in the country, through meaningful interactions and knowledge sharing. He noted that the forum […]