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 current economic challenges, and attract investments in infrastructure.  He expressed this view during a visit by a team from the […]

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 Peter Ekpendu, stated that prison infrastructure will be better provided and managed by the private sector to enable government focus […]

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 policy makers and a lot of Nigerians. Already, the outlook for oil prices remains weak. Of course, this means that […]

The fourth quarter (Q4) 2015, 3PUCF held on Thursday 03 December 2015 at the Federal Ministry of Works (FMoW) conference room. The forum had in attendance, representatives of various Public Private Partnership Units across several Ministries, Departments and Agencies as well as some private sector operators. The meeting started with a welcome remark by Engr. A.G Magaji, Permanent Secretary, Federal Ministry of Works. In his address to participants, he commended the innovation buy the ICRC […]

RAISING sufficient funds for developmental projects in meeting the needs of the people has become a source of worry to the global community. As Economists would say, human wants are many but the means to satisfy them are grossly limited. Therefore, providing adequate social infrastructures such as, health, education, food, houses, good roads, better air or rail transport, creating employments and others for the people has become source of concern for several countries of the world […]

THE news that work on the long-awaited Second Niger Bridge may be stalled again on technical and other grounds leaves a bitter taste in the mouth. The bridge, which is conceived to ease traffic and provide an alternative to the ageing first Niger Bridge at Onitsha, is a critical arterial infrastructure that will link the rest of the country with the communities in the South-East and South-South of Nigeria. This veritable gateway to the South-East […]

IT is increasingly becoming clear that the business of governance can no longer be limited to government if desired result of making life better for the citizens is to be met. It is in this light that the strategic alliance with the private sector in the area of public utility services is more germane now than ever before. The Nigerian government moved away from the usual mouthing of the alliance, by it following it up […]

It was another opportunity for knowledge enrichment and experience sharing at the occasion of the second quarter 2015, 3PUCF, which held on 4th June 2015 at the Federal Ministry of Health (FMoH) conference room. The forum had in attendance, over forty Heads and team members of PPP Units across several Ministries, Departments and Agencies; and some members of the private sector. The DG of ICRC, Mr. Aminu Diko represented by Mr. Odili Onu in his […]

The fourth quarter meeting of the 3PUCF held on 4 December 2014 at the Infrastructure Concession Regulatory Commission (ICRC).  The meeting was attended by over 20 Heads of Public Private Partnership (PPP) units from various Ministries, Departments and Agencies (MDAs). 3PUCF is a brain child of the PPP Resource Department of the ICRC. It is an informal and voluntary forum designed to provide a platform for Heads of PPP Units in Federal MDAs for knowledge […]

  The Board of the ICRC organised a send off lunch for one of its members, Mr. Charles Mordi on 12thMarch 2015 at Chopsticks restaurant in Maitama, Abuja. The lunch had in attendance most members of ICRC Board including the Chairman, Sen. Ken Nnamani. Mr. Mordi has been representing the Central Bank of Nigeria (CBN) Governor on the ICRC Board since September 2013 and will be retiring from the CBN in April 2015 having served […]

The African Development Bank has stated that the rationale behind the establishment of regional Public Private Partnership (PPP) hubs is to stimulate more private sector led interventions in infrastructure development across the African continent. The Principal Private Sector Specialist of the African Development Bank (AfDB)’s Nigerian country office, Mr. Emmanuel Akinwunmi said this at the first quarter 2015 meeting of the Public Private Partnership Units Consultative Forum (3PUCF) held on 5th March 2015 at the […]