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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

Eleven companies bid for the Lagos-Ibadan e-ticketing operation while 13 companies bid for Warri-Itakpe e-ticketing standards gauge operation. ByAgency Report November 22, 2021 The Nigerian Railway Corporation says it has received 24 bids on open request for the Lagos/Ibadan and Warri/Itakpe e-ticketing solutions for standards gauge railway operations under Public/Private/Partnership arrangement. The Managing Director of the Corporation, Fidet Okhiria, made the disclosure in Lagos on Monday at the opening of the request. Mr Okhiria, represented by Director […]

From Joseph Inokotong, Abuja The Infrastructure Concession Regulatory Commission (ICRC) has approved the Outline  Business Case (OBC) of the Life Safety System, Networking, Monitoring and Dispatcher Real-Time Integration System (LSSNMDI) of the Federal Fire Service (FFS), under the Public-Private Partnership (PPP) arrangement and presented a Certificate of Compliance to the Minister of Interior. Ogbeni Rauf Aregbesola, while receiving the certificate disclosed that the approval of the OBC by ICRC and subsequent presentation of Certificate of Compliance by the […]

  Project’s Full Business Case to be taken to FEC for approval December 15, he adds By Wale Akinselure On Nov 11, 2021 Executive Secretary/Chief Executive Officer, Nigerian Shippers’ Council (NSC), Emmanuel Jime, has expressed optimism that the Ibadan Inland Dry Port will be delivered within the next two years. This came to the fore when Jime led top management officials of the NSC on a courtesy call on Governor Seyi Makinde at the Oyo […]

By Steve Agbota The Infrastructure Concession Regulatory Commission (ICRC) has issued a Certificate of Compliance for an Outline Business Case (OBC) for the operation of the N50 billion Modular Floating Dockyard acquired by the Nigerian Maritime Administration and Safety Agency (NIMASA). Acting Director General of the commission, Mr. Michael Ohiani, led a team of ICRC officers to the NIMASA headquarters in Lagos to present the certificate. Ohiani said the agency’s OBC for the Modular Floating Dockyard’s management contract to be […]