02/11/2022
FEC approves establishment of Planetarium, Museum to boost tourism, generate N30bn

FEC approves establishment of Planetarium, Museum to boost tourism, generate N30bn

PRESS RELEASE   November 2, 2022 FEC approves establishment of Planetarium, Museum to boost tourism, generate N30bn   The Federal Executive Council on Wednesday approved the establishment of a Planetarium and Museum at the National Space Research and Development Agency (NASRDA). The projects which will adopt an Equip, Operate and Maintain Public Private Partnership Model, followed regulatory guidance of the Infrastructure Concession Regulatory Commission (ICRC).  The project is designed to run for a concession period […]
30/09/2022
Director General, Infrastructure Concession Regulatory Commission (ICRC), Michael Ohiani

62nd Independence Anniversary Message from DG, ICRC, Michael Ohiani

62nd Independence Anniversary Message from DG, ICRC, Michael Ohiani September 30, 2022 The Management & Staff of the Infrastructure Concession Regulatory Commission (ICRC) heartily congratulate His Excellency, President Muhammadu Buhari (GCFR) and the good people of Nigeria on the historic occasion of our nation’s 62nd Independence Day Celebration. Your Excellency, on this special occasion, we restate your commitment to Public Private Partnership (PPP) methodology as a preferred procurement model for achieving Nigeria’s inclusive growth and […]
23/09/2022
FG Approved N3.8trn Projects With Private Partners In 11 Years – ICRC

FG Approved N3.8trn Projects With Private Partners In 11 Years – ICRC

By Daily Trust The Infrastructure Concession Regulatory Commission (ICRC) has said over $9 billion (about N3.865 trillion) projects were approved by the federal government under the Public-Private-Partnership since 2010. The Director General of ICRC, Mike Ohiari, who made the disclosure during a visit by the management of Media Trust Group yesterday in Abuja, stated that the projects were approved due to its guidance and 72 of them are under its supervision. Ohiari said the commission […]
07/07/2022
Nigeria Air: FG selects Ethiopian Airlines as preferred bidder

Aviation: Minister says Nigeria will have a national carrier before end of 2022

The Minister of Aviation, Hadi Sirika says Nigeria will have a national carrier before the end of 2022. Sirika said this at a two-day Africa Public Private Partnership Network (AP3N) Investment programme held in Abuja on Tuesday. The programme was organised by the Infrastructure Concession Regulatory Commission with the theme, “Financing Africa’s Infrastructure through Public Private Partnership (PPP).” The News Agency of Nigeria (NAN) reports that Nigeria Air is the nation’s proposed national carrier which […]
02/07/2022
Signing of the Commercial Close for Onitsha River Port Concession

FG reaches commercial close for N4bn Onitsha Port concession – ICRC

RESS RELEASE July 1, 2022 FG reaches commercial close for N4bn Onitsha Port concession – ICRC The Federal Government has reached commercial close for the concession of the Onitsha River Port to a private sector developer, Universal Elysium Consortium for a concession period of 30 years. The concession which is under the regulatory guidance of the Infrastructure Concession Regulatory Commission (ICRC), is for a concession period of 30 years. Speaking after the signing of the […]
30/05/2022
Comptroller General of the Nigerian Customs Service Col. Hameed Ali with Acting DG of ICRC Michael Ohiani after the signing of the Customs Modernisation Agreement

Customs modernization agreement signed, to generate $176bn – ICRC

May 30, 2022 PRESS RELEASE Customs modernization agreement signed, to generate $176bn – ICRC The Infrastructure Concession Regulatory Commission (ICRC) has said that the Nigerian Customs Modernisation Project, a Public Private Partnership (PPP) will generate over $176 billion dollars to the Federal Government in 20 years. Acting Director General of the ICRC, Michael Ohiani disclosed this on Monday at the signing ceremony of the concession. The concession agreement was between the Nigeria Customs Service (NCS) […]
04/05/2022
PPP: NCC issues Request For Qualification for Device Management System (DMS)

PPP: NCC issues Request For Qualification for Device Management System (DMS)

PPP: NCC issues Request For Qualification for Device Management System (DMS) Under the regulatory guidance of the Infrastructure Concession Regulatory Commission (ICRC), the Nigerian Communication Commission (NCC) has issued a Request for Qualification (RFQ) for the deployment of a single window Device Management System (DMS) for mobile communication devices. The project is collaboration between the NCC and the Federal Ministry of Communications and Digital Economy under a Public-Private Partnership (PPP) arrangement (“NCC Device Management System” […]
01/03/2022

FG committed to bridging infrastructure gap – ICRC

The Infrastructure Concession Regulatory Commission (ICRC) says the Federal Government is poised in its commitment to bridging the infrastructure gap in Nigeria. The Acting Director-General of the commission, Mr Michael Ohiani said this in an interview with the News Agency of Nigeria (NAN) in Abuja on Sunday. The ICRC boss hinted that plans were at advanced stage to begin the process of procuring a concessionaire for the Lagos/Ibadan rail and the Itakpe/Warri rail. Ohiani said […]
18/09/2021

Hydro Power Plant Is Injecting Power Into National Grid – Adamu

In this interview with KINGSLEY OKOH, the Minister of Water Resources, Suleiman Adamu speaks on the provision of irrigation facilities and how Nigeria is adding more power to the national grid through the dams. Opposition to the Water Bill is getting stronger by the day. Are you engaging enough with the leadership of the national assembly? Recently we had a meeting with the chairman of the Senate and House Committees on the way forward. I […]
20/08/2021

FG releases qualification requests for 4 airports concession

The Federal Government has released a request for qualification for the concession of four International Airport terminals and other related services. The Permanent Secretary of the Ministry of Aviation, Mr Hassan Musa, made this announcement in a statement issued to newsmen in Lagos on Monday by the Director, Public Affairs of the ministry, Mr James Odaudu. The News Agency of Nigeria (NAN) reports that the four major commercial airports are Nnamdi Azikiwe International Airport, Abuja; […]
23/05/2021

Late DG, ICRC, Chidi Izuwah laid to rest, Ikpeazu, Presidency mourns

Published on May 23, 2021 By Chijindu Emeruwa Abia State Governor, Dr Okezie Ikpeazu has mourned the death of the Director-General of the Infrastructure Concession and Regulatory Commission (ICRC) at the Presidency, Engr. Chidi Izuwah. The remains of Late Izuwah was laid to rest at his home, Umuotiri Amaede, Ovungwu in Isialangwa South Local Government Area of Abia State during the weekend. In his tribute during the funeral of the deceased conducted by the St […]
08/04/2021

Proposed Jabi Lake tourism, recreation project to generate N123bn

  By Folasade Akpan/Salisu Sani-Idris The Infrastructure Concession Regulatory Commission (ICRC) says the proposed Jabi Lake Tourism and Recreation Development project will generate N123 billion over a 30-year period. Mr Micheal Ohiani, ICRC Acting Director-General, said this on Wednesday in Abuja, while presenting the Outline Business Certificates (OBC) to Mrs Ramatu Aliyu, Minister of State for Federal Capital Territory (FCT). Ohiani said the project would also generate net present value of N1.5 billion, internal rate […]
01/10/2020

Happy 60th Independence Day, Nigeria

28/09/2020

CALL FOR EXPRESSION OF INTEREST – CONCESSION OF GOVERNMENT OWNED FARMS AND CATERING REST HOUSES UNDER PUBLIC-PRIVATE PARTNERSHIP ARRANGEMENTS

CALL FOR EXPRESSION OF INTEREST – CONCESSION OF GOVERNMENT OWNED FARMS AND CATERING REST HOUSES UNDER PUBLIC-PRIVATE PARTNERSHIP ARRANGEMENTS Background The Rivers State Government (RSG) as an integral part of its vision and policy thrust has embraced the Public-Private Partnership (PPP) model as a Key strategy for the accelerated delivery of its public infrastructure. This delivery of public infrastructure will mean an expansion of the State’s economy and an increase in population as more people […]
03/07/2020

ICRC facilitates $8bn private investments for Nigeria’s infrastructure

…holds talks with Indonesian authorities on PPP projects By Onyinye Nwachukwu The Infrastructure Concession Regulatory Commission (ICRC) has facilitated well over $8billion worth of private investments for infrastructure development across the country.   The Director-General, ICRC, Chidi Izuwah disclosed this Thursday in Abuja as he held talks with Indonesian authorities led by Usra Hendra Harahap, the country’s Ambassador to Nigeria on possible partnerships.   The courtesy visit was specifically to explore various areas of collaboration […]
25/06/2020

PPPs FOR NATIONAL HIGHWAYS TRANSFORMATION

PPPs FOR NATIONAL HIGHWAYS TRANSFORMATION Join the work in progress tomorrow as the Federal Ministry of Works and Housing partners with the private sector to transform our Highways to Economic Corridors. What’s New 5 Ministers of the Federal Republic of Nigeria join the webinar to demonstrate that this is a whole of government initiative under the leadership of HE President Muhammadu Buhari. And now in a true show of the one Africa one People Spirit […]