The Infrastructure Concession Regulatory Commission (ICRC), Wednesday, held a concession review meeting with North South Power Company, concessionaires of the Shiroro Hydropower Plant at the Commission’s office in Abuja. It was an opportunity to showcase the gains of the reforms in the nation’s power sector. In the words of the Director General of the Commission Engr….
By Udeme Akpan There are indications that the construction of the Ibom Deep Seaport (IDSP) will soon start following the advertisement of the Request for Qualification (RFQ) from reputable private sector port operators in partnership with the Akwa Ibom State Government and the Federal Government. The RFQ is a major step critical towards the implementation…
Event Date: January 24th, 2018, 08:30 – 09:30 EST Railways are capital intensive and require regular investment to function effectively. The public sector cannot always meet the investment needs, which has created strong interest in mobilizing private investment in the railway sector. A new edition of “Railway Reform: A Toolkit for Improving Rail Sector Performance”…
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…
