Public Private Partnership, (PPP) has proven to be a veritable tool in the development of infrastructural facilities all over the world. Thus, in line with one of the indicative parameters of Vision 20:2020 – the blueprint designed by the government to make Nigeria one of the world’s best 20 economies by 2020, the Federal Government is making moves towards a massive upgrade of infrastructure across several sectors. Over twenty (20) projects are lined up for […]

The Minister of State for Aviation, Sen. Hadi Sirika, says the proposed national carrier will be private sector driven. He said that would avoid the mistakes that led to the failure of the defunct Nigerian Airways. Sirika stated this on the sideline of the ongoing International Civil Aviation Organisation World Aviation Forum on Wednesday in Abuja. Newsmen report that the theme of the forum is “Financing the Development of Aviation Infrastructure.” He said that stakeholders […]

The African Union Commission says it will inaugurate the Single African Air Transport Market in January 2018 to increase connectivity within the continent. The AU Chairperson, Moussa Mahamat, made this known at the opening of the Third International Civil Aviation Organisation World Aviation Forum on Tuesday in Abuja. The theme of this year’s forum is: “Financing the Development of Aviation Infrastructure.” Mahamat, who was represented by Dr. Amani Abu-Zeid, the Commissioner for Infrastructure and Energy […]

The Infrastructure Concession and Regulatory Commission (ICRC) has warned heads of government Ministries, Departments and Agencies (MDAs), against influencing those projects to their cronies or for political patronage. Making a presentation to the body of federal permanent secretaries in Abuja, the acting Director-General the Commission, Engr. Chidi Izuwah, said PPP projects influenced to cronies may fail or not yield the maximum benefits. He said the MDAs must separate themselves from such projects and allow the […]

To address Nigeria’s infrastructural deficit, government must adopt proactive legislation and ensure transparency in accessing relevant information to boost investors’ confidence This was the submission of stakeholders, at a plenary session on Infrastructural Development Imperatives of Edo Economic Development Agenda, at the Alaghodaro Investment Summit in Benin City, Edo State. Minister of State for Health, Dr. Osagie E. Ehanire, who was a participant at the session, said the federal government intends to build investors’ confidence […]

Says no more funding of CSOs, media in budget monitoring. Much of the key infrastructural projects delivery captured in the N8.61 trillion 2018 Federal Government  Budget of Nigeria is to be driven under the Public Private Partnership [PPP] arrangement, the Minister of Budget and National Planning , Sen. Udoma Udo Udoma has said. Speaking at the 2018 budget breakdown in Abuja, Udoma explained that the N295 billion provision made in the budget for major roads […]

Eromosele Abiodun posits that with a visionary plan, the Nigerian Inland Waterways Authority can respond appropriately to the country’s transportations needs through the waterways. Inland waterways are made up of navigable rivers, lakes, coastal creeks, lagoons and canals. The movement of goods and services along inland waterways is one of the oldest means of transportation from point to point. This is largely due to the fact that inland water transport offers the most economical, energy […]

The Infrastructure Concession Regulatory Commission (ICRC) is proposing that the Federal Government develop the 65 hectares fallow land around the 134 hectares National Arts Theatre to an entertainment city. Mr Chidi Izuwah, the acting Director-General, ICRC, made the suggestion in a presentation to a body of Federal Government Permanent Secretaries on Tuesday in Abuja. He said that right now the land, which should be fetching billions in revenue to the Federal Government, had remained undeveloped. […]

The Infrastructure Concession Regulatory Commission (ICRC) has asked the Federal Government to implement plans that will kick-start rapid infrastructure development in the country. The acting Director-General, ICRC, Mr Chidi Izuwah, said this on Wednesday in Abuja at a one-day Public-Private Partnership (PPP) sensitisation for members of the House of Representatives Committee on Special Duties. He said that only the provision of adequate infrastructure such as roads, trains, hospitals, schools and others would provide long term […]

Fifty-five officials from the public and private sector organizations in Nigeria have been trained on international standards and best practices in public private partnership projects. The PPP professionals are now as qualified as their counterparts in 64 other countries across the world who have obtained the coveted Certified Public-Private Professional (CP3P) foundation level certification. The training was facilitated by the Infrastructure Concession and Regulatory Commission (ICRC) with support from the World Bank. The successful candidates, […]

Across Africa, the Public Private Partnership (PPP) model has become increasingly critical as both a funding and operational mechanism for social and economic infrastructures. The World Bank established that a target of $93 billion per year is required to meet the infrastructural needs of sub-Saharan Africa. This lack of infrastructure makes it difficult for African markets to grow sustainable. Over the years, the huge infrastructure gap in Nigeria has diminished economic growth. According to the […]

Fifty-five officials from the public and private sector organizations in Nigeria have been trained on international standards and best practices in designing and executing public private partnership projects. The PPP professionals are now as qualified as their counterparts in 64countries across the world who have obtained the coveted Certified Public-Private Professional (CP3P) foundation level certification. The training was facilitated by the Infrastructure Concession and Regulatory Commission (ICRC) with support from the World Bank. The successful […]

Fifty five officials from public and private sector organizations in Nigeria have joined Public-Private Partnership (PPP) professionals from across 64 other countries to obtain the coveted Certified Public-Private Partnership Professional (CP3P) foundation level certification. The successful candidates drawn from a number of Federal Government Ministries, Departments and Agencies, including those from Kaduna State government as well as participants from the private sector were awarded certificates, upon successful completion of the CP3P foundation level examination, Thursday, […]

In recognition of the effort of the management of the Infrastructure Concession Regulatory Commission (ICRC), to adhere to the dictates of the Freedom of Information Act with respect to PPP transactions, Director General of the Commission, Engr. Chidi KC Izuwah, was recently presented with a copy of the 2016 FOI Compliance and Transparency Ranking by the Public and Private Development Center. Making the presentation, Programme Officer of the Center, Onyekachi Chukwu, disclosed that the transparency […]

The Infrastructure Concession Regulatory Commission (ICRC) on Tuesday called for proper planning of Nigerian cities to address the challenge of slum proliferation. The Director-General, ICRC, Mr Chidi Izuwah, made the call in Abuja at a one day High-Level Policy Dialogue on Pro-Poor Public Private Partnership (PPP) Housing Programme. Izuwah said any society that was not well planned and structured, and yet underwent rapid population increase was bound to face urban decay. He added that urban […]