16/10/2020
Need for lasting solution to infrastructure deficit in Nigeria The Editorial Board Oct 16, 2020 The recent federal government’s approval of the concession of some non-performing public infrastructure in the country could not have come at a better time than now as they have remained drain pipes to the national purse. With COVID-19 challenges, poor infrastructure all over the country, staggering local and foreign debts standing at $31.477 billion as at June 2020, according to the […]
11/10/2020
ADDENDUM REQUEST FOR QUALIFICATION (RFQ): CONCESSION OF THE NATIONAL STADIUM COMPLEX & ATHLETES’ HOSTEL, SURULERE, LAGOS AND ATHLETES’ HOSTEL AT PACKAGE B, MOSHOOD ABIOLA NATIONAL STADIUM PACKAGE B, ABUJA IN ACCORDANCE WITH THE INFRASTRUCTURE CONCESSION REGULATION COMMISSION ESTABLISHMENT ACT The interested bidders and general public are kindly referred to the advertisement published in the “The Nation” Newspaper of Vol. 13, No. 5144, page 30, “Daily Trust” Newspaper of Vol. 51, No. 16, page 48 and […]
07/10/2020
The Federal Executive Council (FEC) today, approved three Full Business Cases in respect of the Bonny Deep Water Port Project, the Nigerian Correctional Service (NCS) Shoe and Garment Factories Projects in Aba and the Janguza Tannery Factory Project in Kano, the Port Harcourt Industrial Park Project and the Port Harcourt – Maiduguri Narrow Gauge with O&M phase as Concession. The combined investment value of these Joint Venture (JV) projects is 3.9 billion dollars. This formed […]
28/09/2020
CALL FOR EXPRESSION OF INTEREST – CONCESSION OF GOVERNMENT OWNED FARMS AND CATERING REST HOUSES UNDER PUBLIC-PRIVATE PARTNERSHIP ARRANGEMENTS Background The Rivers State Government (RSG) as an integral part of its vision and policy thrust has embraced the Public-Private Partnership (PPP) model as a Key strategy for the accelerated delivery of its public infrastructure. This delivery of public infrastructure will mean an expansion of the State’s economy and an increase in population as more people […]
20/09/2020
ICRC COMMENDS AND PLEDGES CONTINUED SUPPORT TO NNPC’s FLAGSHIP BOT PPP PROJECT FOR HER PIPELINE & DEPOT DOWNSTREAM OPERATIONS TOWARDS IMPROVING EFFICIENCY IN NIGERIA’S OIL AND GAS SECTOR The Infrastructure Concession Regulatory Commission (ICRC) has commended the Nigerian National Petroleum Corporation (NNPC) for its dedicated focus in improving efficiency in the country’s oil and gas sector via private sector participation to optimize the operations of her Downstream Critical Pipelines and Associated Depots/Terminal Infrastructure through a […]
15/09/2020
The attention of the Infrastructure Concession Regulatory Commission has been drawn to very dangerous fake news circulating about Kainji Dam. As part of the Power Sector reforms, Kainji Hydropower Facilities are on concession to Mainstream Energy Solutions Ltd. Mainstream’s responsibility includes safe custody of the entire dam structure and appurtenances. The ICRC, being the statutory agency responsible for pre and post contract regulation of PPPs and concessions has continued regular technical and other compliance monitoring […]
07/09/2020
ADDRESS BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA, AT THE FIRST YEAR MINISTERIAL PERFORMANCE REVIEW RETREAT STATE HOUSE CONFERENCE CENTRE, ABUJA 7TH SEPTEMBER, 2020, PROTOCOLS It gives me great pleasure to welcome you all to the First Year Ministerial Performance Review Retreat. We are meeting a time that mankind is struggling to overcome the economic and social crisis caused by the COVID-19 pandemic, which has disrupted life as we knew […]
02/09/2020
The Federal Government of Nigeria THE FEDERAL MINISTRY OF YOUTH AND SPORTS DEVELOPMENT In line with the Infrastructure Concession Regulatory Commission (Est.) Act. 2005 and the National Policy on Public Private Partnerships (N4P) REQUEST FOR QUALIFICATION (RFQ): CONCESSION OF THE ATHLETES’ HOSTEL ABUJA Project Brief The Federal Government of Nigeria (“FGN”), through the Federal Ministry of Youth and Sports Development, is desirous of transforming the Athletes’ Hostel, Abuja located in Abuja Stadium (Package B) Complex […]
02/09/2020
The Federal Government of Nigeria THE FEDERAL MINISTRY OF YOUTH AND SPORTS DEVELOPMENT In line with the Infrastructure Concession Regulatory Commission (Est.) Act 2005 and the National Policy on Public-Private Partnerships (N4P) REQUEST FOR QUALIFICATION (RFQ): CONCESSION OF THE NATIONAL STATDIUM COMPLEX & ATHLETES’ HOSTEL SURULERE, LAGOS STATE Project Brief The Federal Government of Nigeria (“FGN”), through the Federal Ministry of Youth and Sports Development is desirous of transforming the National Stadium Complex & Athletes’ […]
02/09/2020
The Director General of the Infrastructure Concession Regulatory Commission, Engr. Chidi Izuwah today lent his voice to those of several other Nigerians in congratulating President Muhammadu Buhari and the good people of Nigeria on the successful reopening of the Akanu Ibiam Airport, Enugu. In separate letters addressed to Mr. President, the Hon. Minister of Aviation, Hadi Sirika as well as the Managing Directors of the Federal Airports Authority of Nigeria (FAAN) and the Nigeria Airspace […]
26/08/2020
August 26, 2020 Today, the PPP contract agreement with respect to Kaduna Polytechnic Student’s Hostel Renovation Project, which is set to revolutionize hostel accommodation in public educational institutions in the country was signed in a virtual ceremony between Kaduna Polytechnic and Mark Point Limited. Speaking at the event, Director General of the ICRC, Engr. Chidi Izuwah disclosed that the project is one of the first Public Private Partnership projects within the Education sector and also […]
17/08/2020
The Infrastructure Concession Regulatory Commission (ICRC) and the Federal Road Safety Commission (FRSC) have evolved modalities for the establishment of safe driving academies in the country. The modalities for the academies were discussed while the Director-General of ICRC, Mr. Chidi Izuwah paid a visit to the Corps Marshall of FRSC, Mr. Boboye Oyeyemi, on Friday in Abuja. Izuwah encouraged the management of the FRSC to collaborate with the private sector to set up safe driving […]
15/08/2020
Unsolicited PPP Proposals (Privately Initiated Infrastructure Proposals – PIIP) is a powerful tool that allows the private sector to take the lead on initiating and developing a PPP project that alongside other procurement methods, can rapidly mobilize private sector capital and expertise to build stronger infrastructure pipelines, improve efficiency and increase innovation in infrastructure services delivery in emerging economies. Important factors for ensuring they are successful include adequate government technical capacity, solid programme frameworks, transparency, […]
15/07/2020
By Chris Agabi The Full Business Case Compliance of the Ibadan Dry Port (IDP), estimated to cost $94m (about N43.24bn), will soon be developed for approval by the Infrastructure Concession and Regulatory Commission (ICRC) and the Federal Executive Council (FEC). Rakiya Zubairu, the Head, Public Relations, the Nigerian Shippers’ Council (NSC) said this in a statement on Monday. The statement said this is the next phase of the Public-Private Project (PPP) that is being guaranteed […]