The Federal Government has commenced the process to concession 22 out of it 33 silo complexes across the country to the private sector. Government said the concession of the silos would ensure availability of affordable grains across the country. The silo complexes were established by the government to provide immediate food relief in times of…
By Jobson Oseodion Ewalefoh, PhD Director General/CEO, Infrastructure Concession Regulatory Commission Every nation reaches a defining moment when reform moves beyond promise and becomes real, visible on the roads people travel, the hospitals they enter, and the infrastructure that powers their daily life. For Nigeria, that moment is no longer ahead. It is here. Three…
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…
The Nigerian National Petroleum Corporation, NNPC, yesterday, said over 700,000 barrels per day of crude oil was deferred in 2016 due to pipeline sabotage. According to a statement in Abuja, Group Managing Director of NNPC, Mr. Maikanti Baru said the sabotage caused Nigeria’s production to drop to as low as 1.3 million barrels per day…
…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…
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…
