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…
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Okechukwu Nnodim 11 August 2021 The four major airports in Nigeria located in Lagos, Abuja, Port Harcourt and Kano were not designed as international facilities, the Federal Government said on Tuesday. Minister of Aviation, Hadi Sirika, said this was why the facilities had been put up for concession, adding that the airports were operating below…
The Executive Vice Chairman, EVC, and Chief Executive Officer, CEO, of the Nigerian Communications Commission, NCC, has said the role of public-private partnership, PPP, in infrastructure development in Nigeria cannot be over emphasised. The EVC also reiterated that the Commission is committed to continuously engaging relevant stakeholders, both in the public and private sectors, in…
THE Infrastructure Concession Regulatory Commission (ICRC) said 158 projects from different sectors were incorporated into the Public Private Partnership (PPP) project pipeline in 2020. This is according to the 2020 Annual Report and Accounts of the organisation. According to the report which was obtained by the News Agency of Nigeria (NAN) on Sunday in Abuja,…
The Specialised Police Service Automation Project for the Nigeria Police Force (NPF) is expected to generate N5.2 billion in the first year and N124.7 billion over a 10-year period to the nation. The Infrastructure Concession Regulatory Commission (ICRC) made this known in a statement issued by Manji Yarling, its Acting Head, Media and Publicity, on…
The Infrastructure Concession Regulatory Commission (ICRC) has issued an Outlined Business Case (OBC) Certificate to Nigeria Correctional Service (NCoS) in respect of the Ozalla farm, Edo state for production of rice and Palm kernel. Speaking during a courtesy visit to the Controller General, NCoS, the Acting Director General, ICRC, Mr Michael Ohiani, on Tuesday in Abuja, urged the…
– Says Bi-Courtney, Arik owe N14 billion, N13 billion respectively – Vows to recover every kobo – Fixes 2022 for national carrier 8th July 2021 From Juliana Taiwo-Obalonye, Abuja Minister of Aviation Hadi Sirika has disclosed that Nigerian airlines are owing federal agencies to the tune of N37 billion. He said while Arik owes about N13…
By Folasade Akpan Abuja, June 18, 2021 (NAN) Mr Nurudeen Rafindadi, Managing Director, Federal Road Maintenance Agency (FERMA), says capacity expansion and increased maintenance are needed to improve the state of the roads in Nigeria. Rafindadi said this in Abuja, at the second quarter meeting of Public Private Partnership Unit Consultative Forum (3PUCF) organised by the…
June 15, 2021 The Infrastructure Concession Regulatory Commission, ICRC, has commended the National Hajj Commission of Nigeria, NAHCON, for adopting Public-Private Partnership, PPP, procurement methodology to develop property worth N1.5 billion in Kano State. The Acting Director-General of ICRC, Michael Ohiani, made the commendation while presenting Certificate of Outline Business Case, OBC, Compliance to the…
By Hutson Efosa The Nigerian Government says that it is committed to a transparent, fair and competitive bidding process for the 12 Pilot Road corridors earmarked for concession through the Value-Added Concession programme under the Highway Development and Management Initiative (HDMI) Project Life Cycle. The Permanent Secretary, Federal Ministry of Works and Housing, Babangida Hussaini,…
Udom Emmanuel, Akwa Ibom state governor, says the Ibom Deep Sea Project (IDSP) will enhance Nigeria’s maritime industry by easing the frustrations experienced by importers and exporters at Lagos ports. Emmanuel said this via a tweet posted by the federal government’s Twitter handle. The $4.2 billion IDSP project is being developed by Akwa Ibom state government through…
BY MARK ITSIBOR Leaders from the public and private sectors have extoled the legacies of former director-general of the Infrastructure Concession Regulatory Commission (ICRC), Engr Chidi Izuwah (snr). Speaking at a memorial colloquium that was held in his honour yesterday, minister of Interior, Rauf Aregbesola, described late Izuwah as a rare Nigerian with amazing character….
The Nigerian National Petroleum Corporation (NNPC) has given a boost to the 1,300 kilometer Trans Niger Gas Pipeline (TNGP) project for gas delivery to Europe. This came with the execution of $2.8 billion Ajaokuta- Kaduna-Kano, AKK, gas pipeline project, which was boosted at the weekend through the delivery of 96 pipes from Warri South South…
