27/09/2022
FG to deploy PPP solution to boost excise, tax revenue - Receives OBC from ICRC

FG to deploy PPP solution to boost excise, tax revenue – Receives OBC from ICRC

PRESS RELEASE September 27, 2022 FG to deploy PPP solution to boost excise, tax revenue – Receives OBC from ICRC In its bid to mitigate the dwindling revenue and foster more non-oil revenue streams, the Federal Government is on the verge of deploying an Integrated Secure Track and Trace Solution to boost revenue earnings through excise and tax collection. This was made known when the Director General of the Infrastructure Concession Regulatory Commission (ICRC) Michael […]
21/09/2022
Director General of ICRC, Michael Ohiani with Group Chief Executive Officer, Media Trust Group, Mounir Gwarzo

ICRC assisting states to take on infrastructure development through PPP – Ohiani

PRESS RELEASE September 21, 2022 ICRC assisting states to take on infrastructure development through PPP – Ohiani The Infrastructure Concession Regulatory Commission (ICRC) said that it is readily available to assist the states of the Federation including the Federal Capital Territory to take on viable infrastructure projects using Public Private Partnerships (PPP). Director General of the ICRC, Michael Ohiani disclosed this on Tuesday when he received a delegation of Media Trust Group, owners of Daily […]
02/09/2022
ICRC DG visits BPP, seeks partnership on Infrastructure development

ICRC DG visits BPP, seeks partnership on Infrastructure development

ICRC DG visits BPP, seeks partnership on Infrastructure development September 2, 2022 Mr Michael Ohiani, Director General of the Infrastructure Concession Regulatory Commission (ICRC) has sought the partnership of the Bureau for Public Procurement (BPP) in infrastructure development using private sector funding. Ohiani who led a team of ICRC management staff on a courtesy visit to the BPP DG, Mr Mamman Ahmadu, said that the function of both organizations are interwoven hence the need to […]
16/08/2022
ICRC issues FBCs for broadband, planetarium projects, target N48bn revenue

ICRC issues FBCs for broadband, planetarium projects, target N48bn revenue

 August 15, 2022 ICRC issues FBCs for broadband, planetarium projects, to fight insecurity, generate N48bn revenue, and create over 10,000 jobs   The Infrastructure Concession Regulatory Commission (ICRC) has issued two Full Business Case (FBC) certificates to the Federal Ministry of Science, Technology and Innovation for the concession of a Satellite Internet Broadband project as well as a Museum and Planetarium project. The FBCs which were presented by the Director General of the ICRC, Michael […]
10/08/2022
DG of ICRC, Michael Ohiani with National President of NACCIMA John Udeagbala when the Association paid a courtesy visit to the Commission

NACCIMA delegation visits ICRC, seeks partnership on infrastructure development

NACCIMA delegation visits ICRC, seeks partnership on infrastructure development August 10, 2022 The Nigeria Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has sought collaboration with the Infrastructure Concession Regulatory Commission (ICRC) on infrastructure development. National President of NACCIMA, Ide John Udeagbala who led a delegation of national officers to the ICRC office, said that its members were interested in contributing to the nation’s infrastructure development. He said that the association was interested […]
04/08/2022
FEC approves concession of Badagry Deep Sea Port, targets $53bn revenue

FEC approves concession of Badagry Deep Sea Port, targets $53bn revenue

PRESS RELEASE August 4, 2022 FEC approves concession of Badagry Deep Sea Port, targets $53bn revenue In its quest to bridge infrastructure gap through Public Private Partnerships (PPPs) the Federal Executive Council (FEC) has approved the concession of the Badagry Deep Sea Port on a Build Own Operate and Transfer (BOOT) PPP model. The approval by FEC followed the isuance of the Full Business Case Certificate (FBC) by the Infrastructure Concession Regulatory Commission (ICRC) in […]
21/07/2022
BPE DG congratulates Ohiani for well-deserved confirmation as DG ICRC

BPE DG congratulates Ohiani for well-deserved confirmation as DG ICRC

BPE DG congratulates Ohiani for well-deserved confirmation as DG ICRC July 21, 2022 The Director General of the Bureau of Public Enterprises (BPE), Alex Okoh has congratulated the Director General of the Infrastructure Concession Regulatory Commission (ICRC, Michael Ohiani, on his well-deserved confirmation as substantive DG by the Senate on Wednesday. Okoh who led a delegation of top management staff of the BPE on a visit to the ICRC on Thursday, said that Barr. Ohiani […]
20/07/2022
Michael Ohiani, DG ICRC

Senate confirms Ohiani’s appointment as substantive DG of ICRC

20th July 2022 The Senate of the Federal Republic of Nigeria has confirmed the appointment of Mr Michael Ohiani as the Director General of the Infrastructure Concession Regulatory Commission (ICRC). Ohiani’s confirmation followed his appointment by President Muhammadu Buhari in a letter to the Senate, and his subsequent screening by the Committee on Works of the upper legislative chamber. President Buhari’s letter read in part: “In accordance with the provision of Section 2] (1)(a) of […]
13/06/2022
Nigeria Air to fly before June 2023 – ICRC

Nigeria to begin production of Military, Paramilitary uniforms in Jan. 2023 – ICRC

June 13, 2022 PRESS RELEASE Nigeria to begin production of Military, Paramilitary uniforms in Jan. 2023 – ICRC . . . Factory 68% completed Nigeria will begin local production of uniforms for its military and paramilitary personnel from January 2022, the Infrastructure Concession Regulatory Commission (ICRC) has disclosed. The production project is a Joint Venture Public Private Partnership (PPP) between the Defence Industries Corporation of Nigeria (DICON) and Sur Corporate Wear to create the Sur […]
30/05/2022
Director General, Infrastructure Concession Regulatory Commission (ICRC), Michael Ohiani

ICRC receives NNPC delegation over proposed Specialist Hospitals, intravenous plant concession

  May 27, 2022 PRESS RELEASE ICRC receives NNPC delegation over proposed Specialist Hospitals, intravenous plant concession …Projects to generate over N207bn in 20 years The Infrastructure Concession Regulatory Commission (ICRC) has advanced in its  discussions with the Nigerian National Petroleum Corporation’s NNPC Medical Service Limited (NMSL) over the proposed establishment of 5 Specialist Hospitals and one intravenous Fluid Plant across Nigeria. The facilities which are to be established under a Design- Build-Finance-Operate-Maintain (DBFOM) Public […]
25/05/2022
Ag. Director General of ICRC, Michael Ohiani presenting certificates at the end of a Risk Management training for select Ministries, Departments and Agencies (MDAs)

Risks: ICRC trains MDAs as expert recommends establishment of National Risk Office

PRESS RELEASE May 24, 2022 The Infrastructure Concession Regulatory Commission (ICRC) has commenced training for Ministries, Departments and Agencies (MDAs) on risk management, especially as it relates to Public Private Partnerships (PPPs).   The training which was declared open by the Acting Director General of the Commission, Michael Ohiani, had Ministries of Transportation, Justice, Aviation, Water Resources as well as agencies under the Ministries in attendance.   Aimed at enlightening decision makers in government agencies […]
28/04/2022
Acting Director General of the ICRC, Mr Michael Ohiani presenting an FBC certificate of compliance to the Minister of Transportation Rotimi Amaechi

5,800 new jobs, over $2.06bn revenue as ICRC issues FBCs for new Infrastructure projects

PRESS RELEASE April 28, 2022 In its statutory bid to regulate the advancement of infrastructural development of Nigeria through Public Private Partnerships (PPPs), the Infrastructure Concession Regulatory Commission (ICRC) has issued two Full Business Case Certificates of Compliance for new infrastructure projects. The FBCs which were presented to the Minister of Transportation, Rotimi Amaechi, were for the concession of the Badagry Deep Seaport and the Floating Dry Dock for NIMASA. Acting Director General of the […]
27/04/2022
Director General, Infrastructure Concession Regulatory Commission (ICRC), Michael Ohiani

Nigeria being repositioned as PPP knowledge base in Africa – ICRC

PRESS RELEASE April 27, 2022 Nigeria being repositioned as PPP knowledge base in Africa – ICRC The Infrastructure Concession Regulatory Commission (ICRC) says that it is working very assiduously to reposition Nigeria as the Public Private Partnership (PPP) knowledge base in Africa. Acting Director General of the Commission, Michael Ohiani said this during the first meeting of the Nigerian Public Private Partnership Network (NPPPN), a network that brings together all heads of PPP at state […]
14/04/2022
Acting DG of ICRC Michael Ohiani, Presenting the Full Business Case Certificates to the Minister of Transportation Rotimi Amaechi

Amaechi receives FBCs for Lagos/Ibadan, Itakpe/Warri rail e-ticketing concessions

…Projects to generate N140bn, create 3,000 jobs in 10 years   April 13, 2022 The Infrastructure Concession Regulatory Commission (ICRC) has issued two Full Business Case certificates (FBCs) for the concession of e-ticketing for the Lagos/Ibadan and Warri/Itakpe rail services. Acting Director General of the ICRC, Michael Ohiani, presented the FBCs on Wednesday to the Minister of Transportation, Rotimi Amaechi, for the projects which will be domiciled in the Nigerian Railway Corporation (NRC). Speaking before […]
08/04/2022
Ag DG ICRC Michael Ohiani with DG NASRDA Dr Halilu Shaba

ICRC backs NASRDA’s PPP solutions to provide 90% of Nigerians with satellite broadband internet

…As NASRDA boss hails ICRC as key to Nigeria’s development The Infrastructure Concession Regulatory Commission (ICRC) has thrown its weight behind the National Space Research and Development Agency (NASRDA) in its quest for effective satellite solutions in rural areas. Acting Director General of the ICRC, Mr. Michael Ohiani gave the assurance when he received a team from the Space Agency led by its Director General Dr. Halilu Shaba, who came on a courtesy visit to […]
28/03/2022
Acting Director General of ICRC Michael Ohiani with the Executive Secretary of the Nigerian Shippers' Council Emmanuel Jime

ICRC receives Shippers’ Council delegation, harps on PPPs to bridge infrastructure gap

PRESS RELEASE March 28, 2022 ICRC receives Shippers’ Council delegation, harps on PPPs to bridge infrastructure gap   The Infrastructure Concession Regulatory Commission (ICRC) has emphasized the need to utilize Public Private Partnerships in bridging the Infrastructure gap in the country.   This is even as it has identified PPP models as a strategy that could be deployed in the transportation of goods to reduce over reliance on trucking which damages road infrastructure.   Acting […]