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 […]
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 […]
01/03/2022
The Infrastructure Concession Regulatory Commission (ICRC) says Air Nigeria will begin to convey Nigerians before the end of President Muhammad Buhari’s administration. Acting Director-General (I-G) of the commission, Mr Michael Ohiani told the News Agency of Nigeria (NAN) in Abuja on Sunday, that the ICRC was now working round the clock to get it operational. Ohiani said that ICRC was working closely with the Ministry of Aviation, adding that a new presidential approval had just […]
24/02/2022
The Federal Fire Service under the Ministry of Interior hereby Requests for Qualification, a Public Private Partnership (PPP) for the procurement of a National Fire Detection & Alarm System Incorporating Networking, Monitoring and Dispatcher Real-Time Integration with Federal Fire Service. This is in compliance with the Infrastructure Concession Regulatory Commission (ICRC) Establishment Act 2005 and National Policy on Public Private Partnerships (N4P). Interested companies or consortiums are requested provide among others, Evidence of Incorporation with […]
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 […]
02/02/2022
The Management and Staff of the Infrastructure Concession Regulatory Commission (ICRC), mourns the passing of its pioneer Governing Board Chairman, His Excellency, Chief Dr. Ernest Shonekan GCFR, CBE who died on Tuesday, January 11, 2022. On account of his inspiring leadership and guidance, he laid the foundation that has placed the Commission as the preeminent infrastructure regulatory agency in Nigeria. In his time as Chairman of ICRC’s Governing Board, between 2008 – 2012, some of […]
27/01/2022
27th January 2022 Following the review and issuance of compliance certificate of the Full Business Case (FBC) by the Infrastructure Concession Regulatory Commission (ICRC), the Federal Executive Council (FEC) has given approval for the Revenue Assurance Solution (RAS) project through the Design, Finance, Build, Operate and Transfer (DFBOT) Public Private Partnership (PPP) model. The RAS, designed by the Nigerian Telecommunications Commission (NCC) and the Federal Ministry of Communications and Digital Economy (FMCDE), seeks to improve […]
27/01/2022
The Federal Government’s Public-Private Partnership (PPP) to the establishment of an aviation leasing company and Maintenance, Repair and Overhaul (MRO) facility has reached final stages as the Full Business Case (FBC) will be presented to the Project Delivery Team (PDT) for deliberation in Abuja, Daily Sun can confirm. Barring any unforeseen circumstance, the FBC, which will provide all the information needed to support the government’s decision to move ahead with the PPP will be presented […]
20/01/2022
20th January 2022 In a bid to get the six Inland Container Depots (ICDs) located in each of the geo-political zones of Nigeria to become operational, the Infrastructure Concession Regulatory Commission (ICRC) on Wednesday, held a meeting with the Nigerian Shippers’ Council (NSC) who are the owners of the project and the Concessionaires. The meeting, which was at the instance of the ICRC, the agency of government under the Presidency, charged with the responsibility of […]
18/01/2022
Following recent media reports on the incidence of vehicle vandalism at the car park of the Murtala Mohammed International Airport, Lagos, the management of the Infrastructure Concession Regulatory Commission (ICRC) visited the multi-level parking facility. The team, led by Acting Director General Mr. Michael Ohiani and included the Head, Monitoring and Compliance, Mallam Ahmed Abdulrazaq and the Head of Legal and Governance Mrs. Linda Amego, visited the facility which was described in some reports as […]
17/12/2021
The Federal Government has approved the development of commercial properties, warehouses and zonal office in Kano for the National Hajj Commission of Nigeria (NAHCON) through Public Private Partnership (PPP). A statement issued by Manji Yarling, Acting Head, Media and Publicity, Infrastructure Concession Regulatory Commission (ICRC), stated that the approval was given on Wednesday at the Federal Executive Council (FEC) meeting. According to the statement, the project which will be carried out through PPP arrangement is to be on concession […]
03/12/2021
The Office of Public-Private Partnerships (OPPP), in collaboration with Infrastructure Concession Regulatory Commission (ICRC) and the Nigeria Governor’s Forum (NGF), is organising the third Nigeria PPP Network (NPPPN) meeting. A statement signed by the Special Adviser to the Governor on Public-Private Partnerships, Mr. Ope George, said the meeting is being hosted by the Lagos State Government, through the Office of Public Private Partnerships, with the theme: “The Role of PPP in the 2021-2025 National Development […]
03/12/2021
Construction works at the project site of the Lekki Deep Seaport, Nigeria’s first deepest port has reached 74.15 percent as of November 28, 2021, the Lekki Port LFTZ Enterprise Limited has said. According to the Lekki Port Construction Completion Status report that was sent to BusinessDay, dredging and reclamation works have reached 85.38 percent while the building of quay walls has reached 77.96 percent. The construction completion status report further stated that the effort to […]
03/12/2021
Usman Baba, inspector-general of police (IGP), says the Nigeria Police Force (NPF) is facing gross housing deficit as less than 10 percent of its personnel in barracks have proper accommodation. Baba spoke on Thursday at the quarter four 2021 public private partnership units consultative (3PUCF) meeting organised by the Infrastructure Concession Regulatory Commission (ICRC) in Abuja. The 3PUCF forum was initiated by the ICRC to provide a stakeholder engagement platform that will enhance knowledge and […]
29/11/2021
By Agency Report On Nov 25, 2021 The Infrastructure Concession Regulatory Commission (ICRC) has expressed delight over the approval of the Outline Business Case (OBC) for the establishment of the National Carrier (Nigerian Air) by the Federal Executive Council (FEC). Mr Micheal Ohiani, the Acting Director General of ICRC said this in a statement on Wednesday in Abuja after the decision approving the OBC that was certified by the ICRC for the establishment of the carrier was taken by […]