The nation’s infrastructure stock is set to witness significant boost with Tuesday’s launch of the Highway Development Management Initiative (HDMI), a novel initiative aimed at further attracting private sector funds in roads construction and rehabilitation across the country. Speaking at the procurement process for the concession of 12 major roads under the scheme, covering all…
BY YUSUF BABALOLA, Lagos The Nigerian Maritime Administration and Safety Agency (NIMASA) would soon deploy the N50bn floating dockyard it purchased. This was disclosed by the director-general of NIMASA, Dr Bashir Jamoh, who assured maritime stakeholders that the agency’s modular floating dock is in the process of being deployed. Jamoh, who was speaking during a…
Babatunde Fashola, Minister of Works and Housing Investment window has just opened for investors interested in participating in the development and management of the federal government’s concessioned highways under the Highway Development and Management Initiative (HDMI). Notice of the commencement of procurement process for the initiative was given by Babatunde Fashola, minister for works and…
By Chijindu Emeruwa The Abia State Governor, Okezie Ikpeazu has expressed deep sadness over the passage of the Director-General of Infrastructure Concession and Regulatory Commission in the Presidency, Engr. Chidi Izuwah. Governor Ikpeazu described the demise of Engr. Izuwah as a major loss for the people of Abia State and recalled the fundamental interventions made…
Afonne Emmanuel March 17, 2021 By Ismaila Chafe President Muhammadu Buhari has offered sincere condolences to the family and friends of Chidi Izuwah as well the management and staff of Infrastructure Concession Regulatory Commission (ICRC) on the passing of their Director-General. In a condolence message by his Senior Special Assistant on Media and Publicity, Malam…
Director-General of the Infrastructure Concession Regulatory Commission, ICRC, Engr. Chidi Izuwah has passed on at the age of 55. The sad event took place Tuesday 16th March 2021 after a protracted illness. In a message to the staff of the Commission earlier today, Acting Director-General of the Commission, Mike Ohiani wrote: “With a heavy heart…
Faced with reality of paucity of funds confronting it, the Federal Government, Friday, commenced the procurement process to concession 12 highways to the private sectors under the Public Private Partnership, PPP, scheme. The concessions arrangement tagged the ‘Highway Development and Management Initiative HDMI’, being promoted by the Federal Ministry of Works and Housing, would attract…
The Management of the Kaduna Polytechnic, Friday, renamed one of its newly renovated hostels, formerly Barnawa Hostels, after the late Deputy Director, Energy & Urban Infrastructure at the Infrastructure Concession Regulatory Commission, (ICRC), High Chief Olusa Busari. The decision was made known by the Deputy Rector, Academics of the institution, Dr. Rosemary Kato in a…
PUBLIC NOTICE 1. INTRODUCTION The Infrastructure Concession Regulatory Commission (ICRC) was established by an Act of the National Assembly in 2005 to regulate Public-Private Partnership endeavours of the Federal Government aimed at addressing Nigeria’s physical infrastructure deficit which hampers economic development. The ICRC Act provides for the participation of the private sector in financing, construction,…
By Folasade Akpan Abuja, Dec. 3, 2020 Mr Shuaib Belgore, the Permanent Secretary, Ministry of Interior says N2.17 billion has been generated into Federal Government coffers since inception of its ECITIBIZ (e-citizenship) automation platform. Belgore said this on Thursday in Abuja at the Fourth Quarter 2020 Public-Private Partnership Consultative Forum (Q4 2020 3PUCF). The permanent…
November 6, 2020 – by News Agency Of Nigeria – Leave a Comment The Management of the Infrastructure Concession Regulatory Commission (ICRC), says it has in the last 10 years shored up the Nigerian economy with over 8.5 billion dollars generated from Public Private Partnerships (PPPs). The Director-General of ICRC, Mr Chidi Izuwah disclosed this on Thursday in Abuja…
Need for lasting solution to infrastructure deficit in Nigeria The Editorial Board Oct 16, 2020 The recent federal government’s approval of the concession of some non-performing public infrastructure in the country could not have come at a better time than now as they have remained drain pipes to the national purse. With COVID-19 challenges, poor infrastructure…
ADDENDUM REQUEST FOR QUALIFICATION (RFQ): CONCESSION OF THE NATIONAL STADIUM COMPLEX & ATHLETES’ HOSTEL, SURULERE, LAGOS AND ATHLETES’ HOSTEL AT PACKAGE B, MOSHOOD ABIOLA NATIONAL STADIUM PACKAGE B, ABUJA IN ACCORDANCE WITH THE INFRASTRUCTURE CONCESSION REGULATION COMMISSION ESTABLISHMENT ACT The interested bidders and general public are kindly referred to the advertisement published in the “The…
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…
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…
