The Federal Government is set to move to the next level of the procurement process of the Ibom Deep Water Port (IDWP) through the Public Private Partnership (PPP). Mr Chidi Izuwah, the Director-General, Infrastructure Concession Regulatory Commission (ICRC), made this known while presenting the Full Business Case (FBC) Compliance Certificate to the Minister of…
The Federal Government says it is renovating and upgrading existing Kaduna Polytechnic Students’ hostels through Public-Private Partnership (PPP). Mr Chidi Izuwah, the Director-General, Infrastructure Concession Regulatory Commission (ICRC), made this known in a statement on Friday in Abuja. Izuwah had presented the Full Business Case (FBC), Compliance Certificate, to Mr Chukwuemeka Nwajiuba, Minister of State…
James Emejo in Abuja The federal government is targeting N5.08 billion from the partnership with the private sector to revive the garment and leather industries. The Director General of the Infrastructure Concession Regulatory Commission (ICRC), Mr. Chidi Izuwah, said yesterday in Abuja that the N5.089 billion would be made up of 80 per cent debt…
Okechukwu Nnodim, Abuja The Federal Government on Tuesday signed a concession agreement for the Gurara 30 megawatts hydropower plant with North-South Power Company Limited. The Minister of Water Resources, Suleiman Adamu, stated that following the agreement, all was now set to put the hydropower plant into sustainable operation towards increasing access to electricity in Nigeria,…
Kamarudeen Ogundele, Abuja The Federal Government has inaugurated the Ajaokuta Presidential Project Implementation Team with the aim of diversifying the economy. The Secretary to the Government of the Federation, Boss Mustapha, is the chairman of the team while the Minister of Mines and Steel Development, Olamilekan Adegbite, is the alternate chairman. Inaugurating the committee in…
The Federal Government has inaugurated the Ajaokuta Presidential Project Implementation Team with the aim of diversifying the economy. The Secretary to the Government of the Federation, Boss Mustapha, is the chairman of the team while the Minister of Mines and Steel Development, Olamilekan Adegbite, is the alternate chairman. Inaugurating the committee in Abuja on Monday,…
Engr. Chidi Izuwah, the Director-General, the Infrastructure Concession Regulatory Commission (ICRC) on Monday, commended the Federal Government’s approach towards addressing the infrastructure gaps in the power sector. Izuwah who spoke to newsmen in Dadin-Kowa community said the Public-Private Partnership (PPP) project idea of the Federal Government to develop infrastructure in the dam had yielded the…
Nigeria has attracted about $8bn in investment inflows into the economy through public-private partnership (PPP) projects and initiatives. The Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Engr. Chidi Izuwah disclosed this as one of the guest speakers at the February 2020 breakfast meeting of the Nigeria-British Chamber of Commerce (NBCC) in Lagos. Speaking on…
BY Chioma Onuegbu, Uyo THE Federal government has commended the commitment and preparedness of Akwa Ibom state government towards the development of the Ibom Deep Sea port project. Director General of Infrastructure Concession Regulatory Commission (ICRC) Mr. Chidi Izuwah gave the commendation during the weekend when he led other stakeholders including , Nigeria Ports Authority,…
The Infrastructure Concession Regulatory Commission on Wednesday said the Independence Building in Lagos would soon be concessioned under a Build, Operate and Transfer agreement. The commission Director-General, Mr Chidi Izuwah, made this known while addressing newsmen after monitoring the dilapidated building on Lagos Island. The News Agency of Nigeria reports that the Independence Building is a…
Abuja, March 25, 2019 The Infrastructure Concession Regulatory Commission (ICRC) and the Nigeria Sovereign Investment Authority (NSIA) on Monday agreed to collaborate on improving infrastructure deficit in the country. The Director-General, ICRC, Mr Chidi Izuwah and the Managing Director NSIA, Mr Uche Orji signed the agreement in Abuja. “In this MOU, we are focused on…
Okwe Obi, Abuja The Federal Government has expressed preparedness to concession the 30 megawatts Gurara hydropwer plant located in Kaduna State. Minister of Water Resources, Suleiman Adamu, disclosed this when he received the Full Business Case compliance (FBC) certificate from the Infrastructure Concession Regulatory Commission (ICRC), in Abuja, yesterday. Adamu explained that as soon…
The Permanent Secretary, Federal Ministry of Health, Mr Abdullahi Mashi, said that the country’s health sector has an annual deficit running into about 10 billion dollars (N3.06 trillion), in infrastructure gap. Mashi, who was represented by Dr Omobolanle Olowu, the Head of Public Private Partnership (PPP) at the Ministry disclosed this on Thursday in Abuja…
The proposed establishment of a military and para-military clothing and accessories factory at the Defence Industries Corporation of Nigeria (DICON) received a boost today with the presentation of a Full Business Case (FBC) compliance certificate for the project to the Hon. Minister of Defence, Mansur Dan Ali by the Director General of the Infrastructure Concession…
By Racheal Ishaya The Director-General, Infrastructure Concession Regulatory Commission (ICRC), Mr Chidi Izuwah has said that plans to concession the medical warehouse facilities in Abuja and Lagos had reached advance stage. Izuwah said this on Monday in Abuja when he went on a pre handover monitoring visit to the Abuja Premier Medical Warehouse facility, also…
As part of a collaborative effort between the Infrastructure Concession Regulatory Commission and the National Lottery Regulatory Commission, a Lottery management system aimed at simplifying the operation of lottery business in Nigeria is to be developed. This was made known when the DG of the ICRC, Engr. Chidi Izuwah, received the management of the Lottery…
