The Federal Executive Council (FEC) today, approved three Full Business Cases in respect of the Bonny Deep Water Port Project, the Nigerian Correctional Service (NCS) Shoe and Garment Factories Projects in Aba and the Janguza Tannery Factory Project in Kano, the Port Harcourt Industrial Park Project and the Port Harcourt – Maiduguri Narrow Gauge with O&M phase as Concession. The combined investment value of these Joint Venture (JV) projects is 3.9 billion dollars. This formed […]

ADDRESS BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA, AT THE FIRST YEAR MINISTERIAL PERFORMANCE REVIEW RETREAT STATE HOUSE CONFERENCE CENTRE, ABUJA 7TH SEPTEMBER, 2020, PROTOCOLS It gives me great pleasure to welcome you all to the First Year Ministerial Performance Review Retreat. We are meeting a time that mankind is struggling to overcome the economic and social crisis caused by the COVID-19 pandemic, which has disrupted life as we knew […]

The Federal Government of Nigeria THE FEDERAL MINISTRY OF YOUTH AND SPORTS DEVELOPMENT  In line with the Infrastructure Concession Regulatory Commission (Est.) Act. 2005 and the National Policy on Public Private Partnerships (N4P) REQUEST FOR QUALIFICATION (RFQ): CONCESSION OF THE ATHLETES’ HOSTEL ABUJA Project Brief The Federal Government of Nigeria (“FGN”), through the Federal Ministry of Youth and Sports Development, is desirous of transforming the Athletes’ Hostel, Abuja located in Abuja Stadium (Package B) Complex […]

The Federal Government of Nigeria THE FEDERAL MINISTRY OF YOUTH AND SPORTS DEVELOPMENT In line with the Infrastructure Concession Regulatory Commission (Est.) Act 2005 and the National Policy on Public-Private Partnerships (N4P) REQUEST FOR QUALIFICATION (RFQ): CONCESSION OF THE NATIONAL STATDIUM COMPLEX & ATHLETES’ HOSTEL SURULERE, LAGOS STATE Project Brief The Federal Government of Nigeria (“FGN”), through the Federal Ministry of Youth and Sports Development is desirous of transforming the National Stadium Complex & Athletes’ […]

The federal government’s plan to concession its four international airports received a boost on Tuesday as the Minister of Aviation, Senator Hadi Sirika, received the Outline Business Case Certificate of Compliance for the concession of Lagos, Abuja, Port Harcourt and Kano International Airports from the Infrastructure Concession Regulatory Commission (ICRC). Receiving the certificates of compliance from the Director General of the commission, Mr. Chidi Izuwah, in his office, Sirika said that with the certificates of […]

INTRODUCING NII3P WEBINAR SERIES ON MANAGING PPP CONTRACTS – CRITICAL FOR PPP CONTRACTS MANAGEMENT IN THE COVID19 ERA The Nigerian Institute of Infrastructure and Public-Private Partnership (NII3P) in partnership with CRISIL Risk and Infrastructure Advisory proudly presents her maiden certificate course webinar titled “PPP Contract Clauses – Refresher Course) The webinar is specifically targeted at selected private sector partners and MDAs, hence attendance is strictly by invitation. The sessions will cover: – Contract Management, Rights […]

INFRASTRUCTURE CONCESSION REGULATORY COMMISSION AND LAGOS BUSINESS SCHOOL CENTRE FOR INFRASTRUCTURE POLICY REGULATION AND ADVANCEMENT (LBS CIPRA) INVITE YOU TO A TURKEY NIGERIA PPP KNOWLEDGE EXCHANGE WEBINAR FOR PPP AND INFRASTRUCTURE PROFESSIONALS The contract value of public-private partnership projects carried out in Turkey since 1986 is nearly $140 billion, while the country ranked first in the European market during 2014-2018 with projects that have an investment value of 22.76 billion Euros (2018 PPP Report Presidency of […]

In line with the economic recovery and sustainability drive of HE President Muhammadu Buhari, the HM of Works and Housing Babatunde Fashola SAN and the entire ministry intend to commence a major private sector participation program to boost investment in Nigeria’s National highways under the regulatory guidance of the Infrastructure Concession Regulatory Commission. The overall program is aimed at attracting private investment and expertise to transform our federal highways to world class economic corridors. In […]

  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 Transportation, Mr Rotimi Amaechi. Izuwah said in a statement on Tuesday in Abuja that the IDWP project involves the development […]

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 and 20 per cent equity with zero financial contribution by the federal government. He spoke at the presentation of the […]

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, especially in Kaduna State. He said the public-private partnership model being adopted would accelerate infrastructural development and enhance their effective […]