18/08/2017
The Infrastructure Concession Regulatory Commission said it presented two Outline Business Case compliance certificates to the Minister of Power, Works and Housing, Babatunde Fashola, to boost infrastructure in the country. The Acting Head of Communications of ICRC, Mrs Manji Yarling, in a statement on Thursday, said the Director-General of the commission, Mr Chidi Izuwah, made the presentation to the minister in Abuja. According to Izuwah, the OBC certificates are in respect of the Marina Quayside Strip Project […]
16/08/2017
Engr. Chidi K. C. Izuwah Snr., Acting Director-General, Infrastructure Concession Regulatory Commission (ICRC), has been nominated to the Ports Evolution 2017 Advisory Board, to ensure professionalism in maritime events in the Africa Port Evaluation 2017. Mrs Manji Yarling, Acting Head of Media & Publicity, ICRC, announced this in a statement on Tuesday in Abuja. According to Yarling, the nomination is in recognition of Nigeria’s critical role in Africa’s maritime sector. “African Ports Evolution, now in […]
08/08/2017
4 August 2017 The Executive Secretary, Nigerian Shippers’ Council (NSC), Mr Hassan Bello, says the council will collaborate with the Infrastructure Concession Regulatory Commission (ICRC) on dry ports and Truck Transit Parks (TTP) projects. Bello said this on Friday when a team from the ICRC, led by Engr. Chidi K. C. Izuwah Snr, its Acting Director-General, visited the council’s headquarters in Lagos. The News Agency of Nigeria (NAN) reports that dry ports, otherwise known as […]
04/08/2017
General Electric will rehabilitate and run two of Nigeria’s narrow gauge rail lines for a period of 30 years, the Federal Government has said. It also announced plans to negotiate a $6bn loan with China for the construction of the Ibadan to Kano rail line, adding that it was in talks with Julius Berger for the full rehabilitation of airports across the country. In May this year, the Federal Government handed over the letter of […]
02/08/2017
PPP Projects in FCT : The Infrastructure Concession Regulatory Commission (ICRC) has commended the Federal Government for inaugurating the inter-ministerial implementation committee for the development of engineering infrastructure at Katampe District, Abuja. Engr Chidi Izuwah, Acting Director-General of the commission said this in a statement by the acting Head of Media and Publicity of ICRC, Manji Yarling. The inter-ministerial implementation committee for the development of engineering infrastructure was on July 27, inaugurated by the Minister, […]
21/07/2017
In a bid to improve transparency and accountability in contracts entered into by public and private enterprises in the country, the Federal Government says it will launch a contract disclosure web portal. The acting Director-General, Infrastructure Concession Regulatory Commission (ICRC), Mr Chidi Izuwah said this on Wednesday in Abuja at a Public Private Partnership (PPP) training workshop organised by the World Bank. Izuwah said that the ICRC and the World Bank had been working together to ensure more openness and transparency in […]
21/07/2017
Over the 15th to 16 May 2017, my esteemed brothers at the African Finance Corporation – Andrew Alli, Oliver Andrews, Taiwo Adeniji etc brought the best brains in Infrastructure Finance to Abuja for AFC live to celebrate 10 years of purpose and infrastructure financing impact in Africa. As I sat on my seat at this glittering ceremony; HE Acting President Osinbajo gave a most inspiring speech and clarion call for public private collaboration to address […]
01/06/2017
The Infrastructure Concession Regulatory Commission (ICRC) is partnering with the Institute for Public-Private Partnerships (IP3) to the deliver infrastructure in the country. The organisations entered into the agreement to drive the delivery of infrastructure when the IP3 Team led by its Director of PPPs, Mr Tomas Kiguel visited the ICRC chief executive, Mr Aminu Dikko in Abuja on Thursday. Speaking during the agreement signing ceremony, Dikko described the collaboration as a major milestone for the […]
01/06/2017
The Infrastructure Concession Regulatory Commission (ICRC) has reiterated the importance for the amendment of its ICRC 2005 Act by the Committee on Special Duties. Mr Aminu Diko, ICRC’s Director-General made the call in a statement issued by the Administrative Officer of the commission, Mr Patrick Ederaro on Tuesday in Abuja. Diko made the call at a public hearing at the House of Representatives on Tuesday, which was attended by the Speaker of the House of […]
01/06/2017
The House of Representatives has declared its intention to overhaul the extant laws on Public Private Partnership (PPP). The position of the House was also supported by the Infrastructure Concession Regulatory Commission (ICRC) on the basis that the review will accelerate the process of infrastructure development in the country. At the public hearing on the bill for the amendment of the Public Private Partnership Regulatory Commission yesterday, Chairman, House Committee on Special Duties, Nasiru Daura, […]
01/06/2017
The federal government on Tuesday said all its reforms on ease of doing business and the recently signed executive orders were meant to attract back to Nigeria, companies which had relocated to other countries. Says N30,000 monthly mortgage on housing fund has begun in 11 states The government also said it was committed to ensuring that the country moves up 20 places up the ladder from the 2016 ranking by World Bank’s Ease of Doing […]
01/06/2017
Aminu Diko, Director General of Infrastructure Concession Regulatory Commission (ICRC) on Tuesday stressed the need to improve the capacity of all the MDAs to structure and develop bankable projects that will attract private sector funds in line with international best practices. Diko and other stakeholders who converged at the National Assembly, Abuja at the public hearing held at the instance of House Committee on Special Duties,chaired by Nasiru Daura, expressed overwhelming support for the overhaul […]
01/06/2017
To properly reposition the Infrastructure Concession Regulatory Commission (ICRC) as the regulatory concession agency in Nigeria so as to enable it fully deliver on its mandate, the Commission is seeking a review of its Establishment Act 2005 . Confirming the development, the Communications Officer of the ICRC Mr. Patrick Ederaro told The Guardian that the House of Representatives Committee on Special Duties has slated a public hearing on the Bill for tomorrow in Abuja. The […]
15/05/2017
The Infrastructure Concession and Regulatory Commission (ICRC), in partnership with the World Bank is developing a disclosure framework on public private partnerships contracts. The framework which would be ready in six months will ensure that all relevant information on PPP contracts in Nigeria are disclosed public to all Nigerians. The Director-General, ICRC, Mr. Aminu Dikko, disclosed this at the ICRC contract disclosure forum hosted at the World Bank, Abuja. Represented at the forum by Mr. […]
10/04/2017
The Minister of State, Aviation, Senator Hadi Sirika, yesterday explained the vibration at the international terminal of the Murtala Muhammed Airport (MMIA), Lagos, which passengers and airport workers described as earthquake and said that it was due to unlatched doors at the central cooling system, where all the equipment for the chillers are stored. He also dismissed the fears that the airport terminal might have structural defect, saying that the facility, which started operation in […]
18/08/2016
Director General of the ICRC, Aminu Diko, has asked the Ministry of Aviation to speed up work on the concession of Nigeria’s four busiest airports – Lagos, Abuja, Port Harcourt and Kano, as recently announced by Minister of State for Aviation, Sen. Hadi Sirika. He further advocated the immediate setting up of a Project Delivery Team and a Steering Committee to be chaired by the Minister. Diko made this submission when he led the management […]