The House of Representatives has declared its intention to overhaul the extant laws on Public Private Partnership (PPP). The position of the House was also supported by the Infrastructure Concession Regulatory Commission (ICRC) on the basis that the review will accelerate the process of infrastructure development in the country. At the public hearing on the…
The federal government on Tuesday said all its reforms on ease of doing business and the recently signed executive orders were meant to attract back to Nigeria, companies which had relocated to other countries. Says N30,000 monthly mortgage on housing fund has begun in 11 states The government also said it was committed to ensuring…
Aminu Diko, Director General of Infrastructure Concession Regulatory Commission (ICRC) on Tuesday stressed the need to improve the capacity of all the MDAs to structure and develop bankable projects that will attract private sector funds in line with international best practices. Diko and other stakeholders who converged at the National Assembly, Abuja at the public…
To properly reposition the Infrastructure Concession Regulatory Commission (ICRC) as the regulatory concession agency in Nigeria so as to enable it fully deliver on its mandate, the Commission is seeking a review of its Establishment Act 2005 . Confirming the development, the Communications Officer of the ICRC Mr. Patrick Ederaro told The Guardian that the…
The Infrastructure Concession and Regulatory Commission (ICRC), in partnership with the World Bank is developing a disclosure framework on public private partnerships contracts. The framework which would be ready in six months will ensure that all relevant information on PPP contracts in Nigeria are disclosed public to all Nigerians. The Director-General, ICRC, Mr. Aminu Dikko,…
The Minister of State, Aviation, Senator Hadi Sirika, yesterday explained the vibration at the international terminal of the Murtala Muhammed Airport (MMIA), Lagos, which passengers and airport workers described as earthquake and said that it was due to unlatched doors at the central cooling system, where all the equipment for the chillers are stored. He…
Director General of the ICRC, Aminu Diko, has asked the Ministry of Aviation to speed up work on the concession of Nigeria’s four busiest airports – Lagos, Abuja, Port Harcourt and Kano, as recently announced by Minister of State for Aviation, Sen. Hadi Sirika. He further advocated the immediate setting up of a Project Delivery…
In the light of the recent jail breaks in Abuja and Kogi Prisons, the Director General of the Infrastructure Concession Regulatory Commission (ICRC), Aminu Diko has advocated the relocation of Prisons from city centers to the hinterlands through Public Private Partnership. Mr. Diko stated this when he paid a courtesy visit to the Minister of…
Calabar, March 4, 2016. The Infrastructure Concession and Regulatory Commission, ICRC, yesterday revealed that President Muhammadu Buhari was poised to address infrastructure deficit in the country through Public Private Sector Partnership, PPP. The Director-General of the ICRC, Aminu Diko, who stated this in Calabar, the Cross Rivers state capital, during a tour of Calabar port,…
Abuja, March 3, 2016. The Director-General, Infrastructure Concession Regulatory Commission (ICRC), Mr Aminu Diko said the current administration has created favourable environment for Public-Private Partnership (PPP) to thrive in the country. Diko, who was represented by Mr Chidi Izuwah, Executive Director, PPP Resource Department, ICRC said this on Thursday in Abuja at the 2016 first…
2nd March, 2016. Acting Director-General of the Bureau of Public Enterprises (BPE), Dr. Vincent Onome Akpotaire has solicited closer ties between the Bureau and the Infrastructure Concession and Regulatory Commission (ICRC) to service the Nigerian economy. Speaking on Tuesday, in Abuja when he led other management staff of the Bureau on a courtesy visit to…
1st March, 2016. THE management of the Infrastructure Concession and Regulatory Commission, ICRC, is presently working round the clock to complete the concession of the phase one and two of the Kirikiri lighter terminals in Lagos. Disclosing this Lagos during a tour of some port facilities, Director General of the Commission, Mallam Aminu Diko said…
Mr. Aminu Diko, Director-General, Infrastructure Concession Regulatory Commission (ICRC), has appealed to the Federal Government to dredge the Warri/Escravos river to rejuvenate commercial activities at the Warri port. Diko made the appeal on Thursday shortly after he led a team of the Commission on inspection tour of facilities of the concessioned terminals at the Warri port….
Abuja, Nigeria; 20 January, 2016:Director General of the ICRC, Mr. Aminu Diko, has opined that despite the current daunting economic challenges in Nigeria as a result of the slump in global oil prices, he is positive that the articulated fiscal discipline and other economic measures of the new administration will help the country overcome its…
The Infrastructure Concession Regulatory Commission and the Nigerian Prisons Service have agreed to work more purposefully to ensure the successful development of PPP projects that are being initiated for the Prisons. The Director General of the ICRC – Mr Aminu Diko who paid a courtesy call on the Comptroller-General of Nigerian Prisons Service – Mr…
As Nigeria’s infrastructure needs continue to expand in the face of dwindling government revenue, there is a need for Nigeria to embrace financing of major infrastructure projects through public, private partnerships, writes Obinna Chima The sharp drop in global oil prices, which has led to significant revenue shortfall in Nigeria, has remained a major concern to…
