NEWS
President Tinubu’s Two-Year Milestone: A Testament to Bold Reforms and National Renewal
By Dr. Jobson Oseodion Ewalefoh Director General, Infrastructure Concession Regulatory Commission President Bola Ahmed Tinubu has marked a defining chapter in Nigeria’s history—one anchored on courage, bold reforms, and a relentless pursuit of progress. As ThisDay Newspaper crowned him 2024 “Man of the Year,” they rightly noted: “Whether lampooned or lionised, President Bola Tinubu…
OPERATIONS AND MAINTENANCE OF ABUJA PREMIER MEDICAL WAREHOUSE AND LAGOS FEDERAL MEDICAL WAREHOUSE
The Federal Government of Nigeria, through the Federal Ministry of Health & Social Welfare (FMOH & SW), in compliance with the Infrastructure Concession Regulatory Commission (“ICRC”) Establishment Act 2005, is supporting the Operations and Maintenance of Abuja Premier Medical Warehouse and Lagos Federal Medical Warehouse using a PPP model. The FMOH & SW and USAID…
FG’s PPP Shoe, Garment Factories Can Cater for Paramilitary Agencies – ICRC
PRESS RELEASE Sunday 11 May, 2025 The Infrastructure Concession Regulatory Commission (ICRC) has said that the Federal Government’s Public Private Partnership (PPP) initiative in the shoe and garment factory under the Nigeria Correctional Service (NCoS) is capable of meeting a substantial part of the uniform needs of Nigeria’s paramilitary agencies. This development follows President…
Hope as FG Moves to Fast-Track Dasin Hausa Dam
Hope as FG Moves to Fast-Track Dasin Hausa Dam . . . As ICRC meets water ministry, private investor Coastal communities along the Taraba, Adamawa, Benue, and other river basins in Nigeria are set to breathe a sigh of relief as the Federal Government takes decisive steps to accelerate the construction of the Dasin…
FG: Nigeria’s Economic Growth Hinges on Resilient Infrastructure, Woos Private Financing
The federal government has declared that Nigeria’s journey towards sustainable economic growth hinges on building resilient infrastructure that could be facilitated with private partnership funding. This declaration was made yesterday in Lagos, by the Director General/Chief Executive Officer of Infrastructure Concession Regulatory Commission (ICRC), Dr. Jobson Oseodion Ewalefoh, during the Stanbic IBTC Bank Plc’s “Thought…
PPPs: FG, World Bank explore Capital Market option to fund infrastructure
February 9, 2025 The Federal Government has opened conversations with the International Finance Corporation (IFC) – a member of the World Bank Group – on how to utilize the capital market and other available funding options within Nigeria to fund infrastructure development through Public Private Partnership (PPP). This was the focus of a…
FG approves Kashimbila Integrated Cargo/Agro- Allied Airport
. . . 3,000 hectares farm, livestock ranch, Free Trade Zone underway February 7th, 2025 The Federal Executive Council (FEC) has approved the concession of the Kashimbila Integrated Cargo/Agro-Allied Airport in Taraba state under a Public Private Partnership arrangement (PPP). Approved under the regulatory guidance of the Infrastructure Concession Regulatory Commission…
ICRC RECEIVES ONDO STATE GOVERNOR, LUCKY AIYEDATIWA URGES STATES TO EMBRACE PPP TO BRIDGE INFRASTRUCTURE GAP
State Governors have been charged to join President Bola Ahmed Tinubu’s drive to bridge the infrastructure gap across the country through Public Private Partnerships. The Director General of the Infrastructure Concession Regulatory Commission (ICRC), Dr Jobson Oseodion Ewalefoh gave the charge on Wednesday in Abuja after a meeting with the Ondo state Governor, Mr. Lucky…
ICRC, NAICOM, collaborate to enforce insurance cover for FG’s PPP assets
PRESS RELEASE December 3rd, 2024 ICRC, NAICOM, collaborate to enforce insurance cover for FG’s PPP assets . . .To issue compliance modalities in Q1 2025 The Infrastructure Concession Regulatory Commission (ICRC) has partnered the National Insurance Commission (NAICOM) to mandate concessionaires of government assets to procure insurance covers for the assets under…
Budget 2025: FG directs MDAs to comply with ICRC’s Act, PPP Policy
Budget 2025: FG directs MDAs to comply with ICRC’s Act, PPP Policy The Federal Government of Nigeria has directed all Ministries, Departments and Agencies (MDAs) of Government to comply forthwith the National Policy on Public Private Partnership (N4P) of the Infrastructure Concession Regulatory Commission (ICRC) in conducting any form of Public Private Partnership (PPP)…
