By James Emejo in Abuja The federal government has expressed its determination to put an end to what it described as lack of competence on the part of the public sector compared to their private sector counterparts. This, according to the government, leads to situations whereby the country had been denied value for money and…
Approval has been given to six companies to construct, reconstruct or rehabilitate 19 federal roads spread across 11 states of the federation. It is a laudable response by the Federal Government to the decrepit state of our road infrastructure, which has led to the death of thousands of people through road accidents. To be executed…
The Federal Government says it will continue to leverage on Public Private Partnerships (PPPs) to bridge the three trillion dollars worth of infrastructure deficit in the country. The Director-General, Infrastructure Concession Regulatory Commission (ICRC, Mr Chidi Izuwah said this on Tuesday in Abuja at the opening of the PPP Financing Policy and Law Masterclass. He…
After an impactful period of exceptional achievements in acting capacity including the declaration of the ICRC as the African Infrastructure Regulator of the Year 2018 by Africa Investor Magazine, the Senate last Thursday confirmed the appointment of Engr. Chidi Izuwah as the substantive Director-General/CEO of the Infrastructure Concession Regulatory Commission (ICRC). The Chairman of the…
The Senate on Thursday confirmed the appointment of Mr. Monday Udo Tom as a Resident Electoral Commission of the Independent National Electoral Commission; as well as that of Chidi Kennedy Izuwah as Director-General of the Infrastructure Concession Regulatory Commission. The Senate presided over by Deputy Senate President Ike Ekweremadu, received reports from Committee on INEC, Works,…
Andrew Buisson Ikenna Emehelu January 03, 2019 On 16 October 2018 in Abuja, the Nigerian Infrastructure Concession Regulatory Commission (ICRC) and the Global Infrastructure Hub (GI Hub) played host to nearly 100 government representatives from 9 different countries – including about 70 delegates from 30 Nigerian ministries, states and parastatal agencies – to discuss…
The Ona of Abaji and Chairman FCT Council of Chiefs, Alh. (Dr) Adamu Baba Yunusa paid the Infrastructure Concession Regulatory Commission (ICRC) a courtesy visit on 19th January 2018 at the Commission’s office in Abuja. He was received by the ICRC Management team led by its Acting Director General, Engr. Chidi K. C. Izuwah Snr….
The Infrastructure Concession Regulatory Commission (ICRC), Wednesday, held a concession review meeting with North South Power Company, concessionaires of the Shiroro Hydropower Plant at the Commission’s office in Abuja. It was an opportunity to showcase the gains of the reforms in the nation’s power sector. In the words of the Director General of the Commission Engr….
By Udeme Akpan There are indications that the construction of the Ibom Deep Seaport (IDSP) will soon start following the advertisement of the Request for Qualification (RFQ) from reputable private sector port operators in partnership with the Akwa Ibom State Government and the Federal Government. The RFQ is a major step critical towards the implementation…
Event Date: January 24th, 2018, 08:30 – 09:30 EST Railways are capital intensive and require regular investment to function effectively. The public sector cannot always meet the investment needs, which has created strong interest in mobilizing private investment in the railway sector. A new edition of “Railway Reform: A Toolkit for Improving Rail Sector Performance”…
THE Federal Government and the Akwa Ibom State government will begin the procurement for the Ibom Deep Seaport (IDSP) project this month. A statement from the technical committee of the project recently said the procurement process will begin with seeking for private sector port developer/operators. It noted that the committee has chosen Global Maritime and…
The Federal Government of Nigeria and the Akwa Ibom State Government, in line with the Infrastructure Concession Regulatory Commission (est.) Act 2005 and the National Policy on Public Private Partnership on the Development of Ibom Deep Seaport.
The managements of the Federal Road Management Agency (FERMA) and the Infrastructure Concession Regulatory Commission are in a partnership that would engender a sustainable road infrastructure mechanism for the country. The decision was reached at a meeting between the two agencies in Abuja on Tuesday. At the meeting, the ICRC Acting Director General, Engr. Chidi Izuwah…
Nigeria made top class in the “2017 year in review” ranking of the World Bank Group (WBG) Public Private Partnerships (PPP) blogs. According to Yelena Osipova-Stocker, the Online Communications Officer for the Infrastructure, PPPs and Guarantees Group of the WBG; “2017 was a busy year in the world of infrastructure and public-private partnerships at the…
The Infrastructure Concession Regulatory Commission (ICRC) has indicated the possibility of replicating more Public Private Partnership (PPP) arrangements in the moribund health care system following huge success recorded with the concession of Garki specialist Hospital, Abuja which has brought in more efficiency there. Chidi Izuwah, Acting Director General and Chief Executive Officer, ICRC who gave…
