THE Federal Government and the Akwa Ibom State government will begin the procurement for the Ibom Deep Seaport (IDSP) project this month. A statement from the technical committee of the project recently said the procurement process will begin with seeking for private sector port developer/operators. It noted that the committee has chosen Global Maritime and…
The Federal Government of Nigeria and the Akwa Ibom State Government, in line with the Infrastructure Concession Regulatory Commission (est.) Act 2005 and the National Policy on Public Private Partnership on the Development of Ibom Deep Seaport.
The managements of the Federal Road Management Agency (FERMA) and the Infrastructure Concession Regulatory Commission are in a partnership that would engender a sustainable road infrastructure mechanism for the country. The decision was reached at a meeting between the two agencies in Abuja on Tuesday. At the meeting, the ICRC Acting Director General, Engr. Chidi Izuwah…
Nigeria made top class in the “2017 year in review” ranking of the World Bank Group (WBG) Public Private Partnerships (PPP) blogs. According to Yelena Osipova-Stocker, the Online Communications Officer for the Infrastructure, PPPs and Guarantees Group of the WBG; “2017 was a busy year in the world of infrastructure and public-private partnerships at the…
The Infrastructure Concession Regulatory Commission (ICRC) has indicated the possibility of replicating more Public Private Partnership (PPP) arrangements in the moribund health care system following huge success recorded with the concession of Garki specialist Hospital, Abuja which has brought in more efficiency there. Chidi Izuwah, Acting Director General and Chief Executive Officer, ICRC who gave…
Submitted by Darwin Marcelo Does experience in implementing Public-Private Partnerships (PPPs) reduce a country’s chances of contract failure? In a recent study entitled Do Countries Learn from Experience in Infrastructure PPPs, we set out to empirically test whether general PPP experience impacts the success of projects—in this case, captured by a project’s ability to forego…
Today, in the full glare of the public and as a solid sign of the Ease of Doing Business and transparency in PPP procurement drive of HE President Muhammed Buhari, commercial offers for supply, operate and maintain of a self sufficient utility scale solar PV plant happened at the Federal Ministry of Power, Works and…
Infrastructure Ontario (IO) and Metrolinx have issued a Request for Qualifications (RFQ) for interested parties to design, build and finance the Lakeshore West Corridor Infrastructure Improvements project. The infrastructure upgrades are required to accommodate the planned expansion of GO Transit rail service on the Lakeshore West line. GO Transit is the regional public rail system for the Greater Toronto and Hamilton Area (GTHA), in Southern Ontario. The Lakeshore…
The Government of Ghana (GoG), through the Ministry of Transport (MoT) and the Ministry of Railways Development (MoRD) and their respective agencies, namely; Ghana Shippers’ Authority (GSA), Ghana Ports and Harbours Authority (GPHA)and the Ghana Railway Development Authority (GRDA), hosted a market sounding event for the Boankra Inland Port and the Eastern Railway Line project last week. The event took place on Wednesday, 6th December. The project…
“The nation has a huge infrastructure deficit for which we require foreign capital and expertise to supplement whatever resources we can marshal at home. In essence, increased engagement with the outside world is called for as we seek public-private partnerships in our quest for enhanced capital and expertise. This is the way of the new…
The Kano State Governor, Dr. Abdullahi Ganduje has expressed the willingness of the state to embrace public-private partnership (PPP) to revive the ailing cotton industry in the state. Ganduje stated this at a workshop for financial journalists with theme: ‘The Role of Nigeria Banking Sector: Opportunities, Challenges and the Way forward’ organised by the Nigeria…
The Infrastructure Concession Regulatory Commission (ICRC) has reiterated commitments to ensure the success of Public Private Partnership (PPP) in the country. Mr Chidi Izuwah, Acting Director-General of ICRC, disclosed this at the Fourth Quarter 2017 PPP Units Consultative Forum on Thursday in Abuja. Izuwah also commended members of the consultative forum in their effort towards…
Public Private Partnership, (PPP) has proven to be a veritable tool in the development of infrastructural facilities all over the world. Thus, in line with one of the indicative parameters of Vision 20:2020 – the blueprint designed by the government to make Nigeria one of the world’s best 20 economies by 2020, the Federal Government…
The Minister of State for Aviation, Sen. Hadi Sirika, says the proposed national carrier will be private sector driven. He said that would avoid the mistakes that led to the failure of the defunct Nigerian Airways. Sirika stated this on the sideline of the ongoing International Civil Aviation Organisation World Aviation Forum on Wednesday in…
The African Union Commission says it will inaugurate the Single African Air Transport Market in January 2018 to increase connectivity within the continent. The AU Chairperson, Moussa Mahamat, made this known at the opening of the Third International Civil Aviation Organisation World Aviation Forum on Tuesday in Abuja. The theme of this year’s forum is:…
