08/04/2021
By Folasade Akpan/Salisu Sani-Idris The Infrastructure Concession Regulatory Commission (ICRC) says the proposed Jabi Lake Tourism and Recreation Development project will generate N123 billion over a 30-year period. Mr Micheal Ohiani, ICRC Acting Director-General, said this on Wednesday in Abuja, while presenting the Outline Business Certificates (OBC) to Mrs Ramatu Aliyu, Minister of State for Federal Capital Territory (FCT). Ohiani said the project would also generate net present value of N1.5 billion, internal rate […]
26/03/2021
The nation’s infrastructure stock is set to witness significant boost with Tuesday’s launch of the Highway Development Management Initiative (HDMI), a novel initiative aimed at further attracting private sector funds in roads construction and rehabilitation across the country. Speaking at the procurement process for the concession of 12 major roads under the scheme, covering all the six geopolitical zones of the country, Acting Director General of the Infrastructure Concession Regulatory Commission, ICRC, Mike Ohiani, stated […]
26/03/2021
BY YUSUF BABALOLA, Lagos The Nigerian Maritime Administration and Safety Agency (NIMASA) would soon deploy the N50bn floating dockyard it purchased. This was disclosed by the director-general of NIMASA, Dr Bashir Jamoh, who assured maritime stakeholders that the agency’s modular floating dock is in the process of being deployed. Jamoh, who was speaking during a visit to the managing director of Nigerian Ports Authority (NPA) Hadiza Bala-Usman at the NPA headquarters in Lagos, said, “I […]
24/03/2021
Babatunde Fashola, Minister of Works and Housing Investment window has just opened for investors interested in participating in the development and management of the federal government’s concessioned highways under the Highway Development and Management Initiative (HDMI). Notice of the commencement of procurement process for the initiative was given by Babatunde Fashola, minister for works and housing at brief ceremony in Abuja on Tuesday. The ministry was issued a Certificate of Compliance, a month ago, by […]
24/03/2021
By Chijindu Emeruwa The Abia State Governor, Okezie Ikpeazu has expressed deep sadness over the passage of the Director-General of Infrastructure Concession and Regulatory Commission in the Presidency, Engr. Chidi Izuwah. Governor Ikpeazu described the demise of Engr. Izuwah as a major loss for the people of Abia State and recalled the fundamental interventions made by the deceased in favor of the State in his official capacity as Head of one of the most important […]
19/03/2021
Obinna Nwachukwu Mar 17, 2021 The director- general/chief executive of the Infrastructure Concession Regulatory Commission (ICRC), Chidi Izuwah, has passed on at the age of 55. The sad event took place Tuesday, March 16, 2021, after a protracted illness, according to sources within the organisation. His death marks a huge setback to the nation’s quest for infrastructure development, a project that the late Izuwah was passionate about. In the last two years, his efforts yielded over $15 […]
19/03/2021
Afonne Emmanuel March 17, 2021 By Ismaila Chafe President Muhammadu Buhari has offered sincere condolences to the family and friends of Chidi Izuwah as well the management and staff of Infrastructure Concession Regulatory Commission (ICRC) on the passing of their Director-General. In a condolence message by his Senior Special Assistant on Media and Publicity, Malam Garba Shehu, in Abuja on Tuesday, the president paid tribute to the accomplished Engineer and Management executive. He noted that […]
17/03/2021
Director-General of the Infrastructure Concession Regulatory Commission, ICRC, Engr. Chidi Izuwah has passed on at the age of 55. The sad event took place Tuesday 16th March 2021 after a protracted illness. In a message to the staff of the Commission earlier today, Acting Director-General of the Commission, Mike Ohiani wrote: “With a heavy heart I announce the passing away of our DG, Engr. Chidi Izuwah. You will be notified in due course about the […]
31/01/2021
Faced with reality of paucity of funds confronting it, the Federal Government, Friday, commenced the procurement process to concession 12 highways to the private sectors under the Public Private Partnership, PPP, scheme. The concessions arrangement tagged the ‘Highway Development and Management Initiative HDMI’, being promoted by the Federal Ministry of Works and Housing, would attract investments to the tune of over N1.134 trillion. The 12 highways selected for the pilot scheme include the Benin-Asaba, Abuja-Lokoja, […]
31/01/2021
This is to notify the investing public that the Special Concession Account (SCA) has become operational and has within a few months of its operation, yielded the sum of N2,400,689,340.00 (Two billion Four Hundred Million Six Hundred and Eighty-Nine Thousand Three Hundred and Forty naira) which has duly reflected in the Special Concession Account (SCA) with the Central Bank of Nigeria (CBN). It may be recalled that in line with Presidential directives to ensure that […]
11/01/2021
The Management of the Kaduna Polytechnic, Friday, renamed one of its newly renovated hostels, formerly Barnawa Hostels, after the late Deputy Director, Energy & Urban Infrastructure at the Infrastructure Concession Regulatory Commission, (ICRC), High Chief Olusa Busari. The decision was made known by the Deputy Rector, Academics of the institution, Dr. Rosemary Kato in a message to the Director General of the ICRC, Engr. Chidi Izuwah. According to her, this is in recognition of his […]
04/12/2020
PUBLIC NOTICE 1. INTRODUCTION The Infrastructure Concession Regulatory Commission (ICRC) was established by an Act of the National Assembly in 2005 to regulate Public-Private Partnership endeavours of the Federal Government aimed at addressing Nigeria’s physical infrastructure deficit which hampers economic development. The ICRC Act provides for the participation of the private sector in financing, construction, development, operation and maintenance of Federal Government infrastructure or development projects through concessions or contractual arrangements. To achieve this initiative, […]
04/12/2020
By Folasade Akpan Abuja, Dec. 3, 2020 Mr Shuaib Belgore, the Permanent Secretary, Ministry of Interior says N2.17 billion has been generated into Federal Government coffers since inception of its ECITIBIZ (e-citizenship) automation platform. Belgore said this on Thursday in Abuja at the Fourth Quarter 2020 Public-Private Partnership Consultative Forum (Q4 2020 3PUCF). The permanent secretary was represented by Mrs Moremi Soyinka-Onijala, the Director, Citizenship and Business. He said that the ministry had since the […]
28/11/2020
PUBLIC NOTICE INVITATION TO BID NUMBER ICRC/PROC/1/2020 SPECIFIC PROCUREMENT NOTICE (SPN) FOR THE SUPPLY OF INFORMATION & COMMUNICATION TECHNOLOGY (ICT) EQUIPMENT AND CONSULTANCY SERVICES FOR CONTRACT COMPLIANCE VALIDATIONS
06/11/2020
November 6, 2020 – by News Agency Of Nigeria – Leave a Comment The Management of the Infrastructure Concession Regulatory Commission (ICRC), says it has in the last 10 years shored up the Nigerian economy with over 8.5 billion dollars generated from Public Private Partnerships (PPPs). The Director-General of ICRC, Mr Chidi Izuwah disclosed this on Thursday in Abuja when he received a delegation of the National Hajj Commission of Nigeria (NAHCON) led by its Chairman, Mr Kunle Hassan. […]