27th January 2022 Following the review and issuance of compliance certificate of the Full Business Case (FBC) by the Infrastructure Concession Regulatory Commission (ICRC), the Federal Executive Council (FEC) has given approval for the Revenue Assurance Solution (RAS) project through the Design, Finance, Build, Operate and Transfer (DFBOT) Public Private Partnership (PPP) model. The RAS,…
The Federal Government’s Public-Private Partnership (PPP) to the establishment of an aviation leasing company and Maintenance, Repair and Overhaul (MRO) facility has reached final stages as the Full Business Case (FBC) will be presented to the Project Delivery Team (PDT) for deliberation in Abuja, Daily Sun can confirm. Barring any unforeseen circumstance, the FBC, which…
20th January 2022 In a bid to get the six Inland Container Depots (ICDs) located in each of the geo-political zones of Nigeria to become operational, the Infrastructure Concession Regulatory Commission (ICRC) on Wednesday, held a meeting with the Nigerian Shippers’ Council (NSC) who are the owners of the project and the Concessionaires. The meeting,…
Following recent media reports on the incidence of vehicle vandalism at the car park of the Murtala Mohammed International Airport, Lagos, the management of the Infrastructure Concession Regulatory Commission (ICRC) visited the multi-level parking facility. The team, led by Acting Director General Mr. Michael Ohiani and included the Head, Monitoring and Compliance, Mallam Ahmed Abdulrazaq…
The Federal Government has approved the development of commercial properties, warehouses and zonal office in Kano for the National Hajj Commission of Nigeria (NAHCON) through Public Private Partnership (PPP). A statement issued by Manji Yarling, Acting Head, Media and Publicity, Infrastructure Concession Regulatory Commission (ICRC), stated that the approval was given on Wednesday at the Federal Executive…
The Office of Public-Private Partnerships (OPPP), in collaboration with Infrastructure Concession Regulatory Commission (ICRC) and the Nigeria Governor’s Forum (NGF), is organising the third Nigeria PPP Network (NPPPN) meeting. A statement signed by the Special Adviser to the Governor on Public-Private Partnerships, Mr. Ope George, said the meeting is being hosted by the Lagos State…
Construction works at the project site of the Lekki Deep Seaport, Nigeria’s first deepest port has reached 74.15 percent as of November 28, 2021, the Lekki Port LFTZ Enterprise Limited has said. According to the Lekki Port Construction Completion Status report that was sent to BusinessDay, dredging and reclamation works have reached 85.38 percent while…
Usman Baba, inspector-general of police (IGP), says the Nigeria Police Force (NPF) is facing gross housing deficit as less than 10 percent of its personnel in barracks have proper accommodation. Baba spoke on Thursday at the quarter four 2021 public private partnership units consultative (3PUCF) meeting organised by the Infrastructure Concession Regulatory Commission (ICRC) in…
By Agency Report On Nov 25, 2021 The Infrastructure Concession Regulatory Commission (ICRC) has expressed delight over the approval of the Outline Business Case (OBC) for the establishment of the National Carrier (Nigerian Air) by the Federal Executive Council (FEC). Mr Micheal Ohiani, the Acting Director General of ICRC said this in a statement on Wednesday in Abuja after…
Eleven companies bid for the Lagos-Ibadan e-ticketing operation while 13 companies bid for Warri-Itakpe e-ticketing standards gauge operation. ByAgency Report November 22, 2021 The Nigerian Railway Corporation says it has received 24 bids on open request for the Lagos/Ibadan and Warri/Itakpe e-ticketing solutions for standards gauge railway operations under Public/Private/Partnership arrangement. The Managing Director of the Corporation,…
From Joseph Inokotong, Abuja The Infrastructure Concession Regulatory Commission (ICRC) has approved the Outline Business Case (OBC) of the Life Safety System, Networking, Monitoring and Dispatcher Real-Time Integration System (LSSNMDI) of the Federal Fire Service (FFS), under the Public-Private Partnership (PPP) arrangement and presented a Certificate of Compliance to the Minister of Interior. Ogbeni Rauf Aregbesola, while receiving…
Project’s Full Business Case to be taken to FEC for approval December 15, he adds By Wale Akinselure On Nov 11, 2021 Executive Secretary/Chief Executive Officer, Nigerian Shippers’ Council (NSC), Emmanuel Jime, has expressed optimism that the Ibadan Inland Dry Port will be delivered within the next two years. This came to the fore…
By Steve Agbota The Infrastructure Concession Regulatory Commission (ICRC) has issued a Certificate of Compliance for an Outline Business Case (OBC) for the operation of the N50 billion Modular Floating Dockyard acquired by the Nigerian Maritime Administration and Safety Agency (NIMASA). Acting Director General of the commission, Mr. Michael Ohiani, led a team of ICRC officers to the NIMASA…
Katsina State government has reiterated its resolve to work with other governmental organisations and private entities to enhance infrastructural and economic development of the state. The state deputy governor Mannir Yakubu stated this when he visited the headquarters of Infrastructure Concession and Regulatory Commission (ICRC) in Abuja. In a statement issued yesterday in Abuja by…
Detailing some of the ongoing and completed Federal Government projects in the Southeast, Vice President Yemi Osinbajo, affirms that the Buhari administration considers the zone a strategic industrial, trade hub, and a major player in Nigeria’s economic growth. The consideration and the projects would also help in lifting people out of poverty. Professor Osinbajo stated…
By Kasim Sumaina in Abuja The federal government’s has said that its Highway Development and Management Initiative (HDMI) is expected to create 50,000 direct and over 200,000 indirect jobs, The Minister of Works and Housing, Babatunde Fashola, made the disclosure at a just-ended national conference on transportation infrastructure development financing in Nigeria, in Abuja. The…
