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
Acting 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
Acting 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 […]
19/03/2022
ICRC meets Abuja/Kaduna rail e-ticketing Concessionaire

ICRC meets Abuja/Kaduna rail e-ticketing concessionaire

PRESS RELEASE March 18, 2022 The Infrastructure Concession Regulatory Commission (ICRC) has met with Secure ID, the concessionaire for the Abuja /Kaduna rail electronic ticketing service. The meeting which was at the instance of the ICRC was called in a bid to address certain concerns raised by passengers on the Service. Sone of the challenges for which the meeting was called include: failed transactions and difficulty with getting refund, issuing of duplicate tickets, empty seats […]
11/03/2022

Edo Govt. delegation visits ICRC, targets own Agro-based River Port

March 10, 2022 PRESS RELEASE Edo Govt. delegation visits ICRC, targets own Agro-based River Port Representatives from the Edo State Government on Wednesday, paid an introductory visit to the Infrastructure Concession Regulatory Commission (ICRC). The visit was to intimate the Commission on the plans by the state government to finalise and submit an Outline Business Case (OBC) for the establishment of an Agro-based River Port in the state. The delegation, led by Mr. Greg Ogbeifun, […]
01/03/2022
Lekki Deep Sea Port at 81 percent completion - ICRC

Lekki Deep Sea Port at 81 percent completion – ICRC

March 1, 2022 PRESS RELEASE Lekki Deep Sea Port at 81 percent completion – ICRC The Infrastructure Concession Regulatory Commission (ICRC) wishes to state that the Lekki Deep Sea Port project is now over 80 percent completed. Although it was widely reported across several media outlets that the project is at 96 percent completion, the Commission wishes to clarify that the project is at 81.14 percent completion. Breakdown of the completion status show that: dredging […]
18/02/2022
Acting Director General, Infrastructure Concession Regulatory Commission (ICRC), Michael Ohiani

Fishery coastal terminal concession will generate over N5bn, create jobs, boost Forex earnings – ICRC

PRESS RELEASE February 18, 2022 Fishery coastal terminal concession will generate over N5bn, create jobs, boost Forex earnings – ICRC The Infrastructure Concession Regulatory Commission (ICRC) says that plans have been concluded to create jobs, boost foreign exchange earnings and generate over N5 billion through the Fisheries Coastal Terminal Concession project. The project which among others, targets a boost in exportation of fishes, will ensure the rehabilitation and upgrade of the terminal and operation of […]
03/02/2022

Onitsha River Port concession to connect Lagos to S/East, others,  generate N50bn – ICRC

The Infrastructure Concession Regulatory Commission (ICRC) has said that the Onitsha River Port will serve as an alternative source of transporting goods to the South East from Lagos, Port Harcourt and other areas with adequate water connectivity. The 30-year concession, approved by the Federal Executive Council, under a Rehabilitate-Operate and Transfer (ROT) arrangement, targets a revenue generation of N50 billion. The project is domiciled in the Ministry of Transportation with Messrs Universal Elysium Consortium as […]
19/03/2021

Setback for infrastructure development as ICRC boss, Izuwah, dies at 55… friends, colleagues mourn

Obinna Nwachukwu Mar 17, 2021 The director- general/chief executive of the Infrastructure Concession Regulatory Commission (ICRC), Chidi Izuwah, has passed on at the age of 55. The sad event took place Tuesday, March 16, 2021, after a protracted illness, according to sources within the organisation. His death marks a huge setback to the nation’s quest for infrastructure development, a project that the late Izuwah was passionate about. In the last two years, his efforts yielded over $15 […]
17/03/2021

ICRC DIRECTOR-GENERAL PASSES ON

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 I announce the passing away of our DG, Engr. Chidi Izuwah. You will be notified in due course about the […]
31/01/2021

INFRASTRUCTURE CONCESSION REGULATORY COMMISSION (ICRC) ENHANCES FEDERAL GOVERNMENT COLLECTIBLE REVENUE VIA THE FGN SPECIAL CONCESSION ACCOUNT (SCA)

This is to notify the investing public that the Special Concession Account (SCA) has become operational and has within a few months of its operation, yielded the sum of N2,400,689,340.00 (Two billion Four Hundred Million Six Hundred and Eighty-Nine Thousand Three Hundred and Forty naira) which has duly reflected in the Special Concession Account (SCA) with the Central Bank of Nigeria (CBN). It may be recalled that in line with Presidential directives to ensure that […]