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 […]

Katsina State government has reiterated its resolve to work with other governmental organisations and private entities to enhance infrastructural and economic development of the state. The state deputy governor Mannir Yakubu stated this when he visited the headquarters of Infrastructure Concession and Regulatory Commission (ICRC) in Abuja. In a statement issued yesterday in Abuja by his chief press secretary, Ibrahim Musa Kallah, the deputy governor said the visit was to increase collaboration between Katsina State […]

Detailing some of the ongoing and completed Federal Government projects in the Southeast, Vice President Yemi Osinbajo, affirms that the Buhari administration considers the zone a strategic industrial, trade hub, and a major player in Nigeria’s economic growth. The consideration and the projects would also help in lifting people out of poverty. Professor Osinbajo stated this earlier today at the inauguration of two completed projects in Anambra State: the MSMEs Shared Facility at the Ogbunike […]

By Kasim Sumaina in Abuja The federal government’s has said that its Highway Development and Management Initiative (HDMI) is expected to create 50,000 direct and over 200,000 indirect jobs, The Minister of Works and Housing, Babatunde Fashola, made the disclosure at a just-ended national conference on transportation infrastructure development financing in Nigeria, in Abuja. The conference, organised by the Nigerian Institute of Transport Technology, Zaria, Tagged, “Sustainable Funding for Transport Infrastructure Development in Nigeria,” is […]

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Okechukwu Nnodim 11 August 2021 The four major airports in Nigeria located in Lagos, Abuja, Port Harcourt and Kano were not designed as international facilities, the Federal Government said on Tuesday. Minister of Aviation, Hadi Sirika, said this was why the facilities had been put up for concession, adding that the airports were operating below expectations. Sirika disclosed this at a stakeholders’ webinar during his presentation on Nigerian Airport Concession Strategy. In June, The PUNCH reported that […]

The Executive Vice Chairman, EVC, and Chief Executive Officer, CEO, of the Nigerian Communications Commission, NCC, has said the role of public-private partnership, PPP, in infrastructure development in Nigeria cannot be over emphasised. The EVC also reiterated that the Commission is committed to continuously engaging relevant stakeholders, both in the public and private sectors, in the country and beyond, in order to ensure that appropriate infrastructure befitting a modern digital economic system is available in […]

THE Infrastructure Concession Regulatory Commission (ICRC) said 158 projects from different sectors were incorporated into the Public Private Partnership (PPP) project pipeline in 2020. This is according to the 2020 Annual Report and Accounts of the organisation. According to the report which was obtained by the News Agency of Nigeria (NAN) on Sunday in Abuja, the projects went through various stages of development, procurement and implementation. It also said the Federal Executive Council (FEC) gave […]

The Specialised Police Service Automation Project for the Nigeria Police Force (NPF) is expected to generate N5.2 billion in the first year and N124.7 billion over a 10-year period to the nation. The Infrastructure Concession Regulatory Commission (ICRC) made this known in a statement issued by Manji Yarling, its Acting Head, Media and Publicity, on Friday in Abuja. It stated that the Public Private Partnership (PPP) initiative approved by the Federal Executive Council (FEC) on […]

The Infrastructure Concession Regulatory Commission (ICRC) has issued an Outlined Business Case (OBC) Certificate to Nigeria Correctional Service (NCoS) in respect of the Ozalla farm, Edo state for production of rice and Palm kernel.   Speaking during a courtesy visit to the Controller General, NCoS, the Acting Director General, ICRC, Mr Michael Ohiani, on Tuesday in Abuja, urged the service to go into immediate procurement phase, as recommended by the commission.   He said that the farm in Edo state was about […]

– Says Bi-Courtney, Arik owe N14 billion, N13 billion respectively – Vows to recover every kobo – Fixes 2022 for national carrier 8th July 2021 From Juliana Taiwo-Obalonye, Abuja Minister of Aviation Hadi Sirika has disclosed that Nigerian airlines are owing federal agencies to the tune of N37 billion. He said while Arik owes about N13 or N14 billion, Bi-Courtney is owing the Federal Airports Authority of Nigeria (FAAN) about N14 billion, adding that for the […]

By Folasade Akpan Abuja, June 18, 2021 (NAN) Mr Nurudeen Rafindadi, Managing Director, Federal Road Maintenance Agency (FERMA), says capacity expansion and increased maintenance are needed to improve the state of the roads in Nigeria. Rafindadi said this in Abuja, at the second quarter meeting of Public Private Partnership Unit Consultative Forum (3PUCF) organised by the Infrastructure Concession Regulatory Commission (ICRC). Represented by Mr. Emeka Agbasi, Head, PPP, Multilateral and Special Duties at FERMA, Rafindadi said […]