NEWS
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…
Africa needs to develop vibrant, resilient PPP framework – SGF
By Okeoghene Akubuike Boss Mustapha, the Secretary to the Government of the Federation(SGF), says there is the need to develop and imbibe a resilient Public Private Partnership (PPP) framework in Africa. The SGF said this on Monday in Abuja, at a two-day Africa Public Private Partnership Network (AP3N) Investment programme, with the theme, “Financing Africa’s…
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…
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…
ICRC reiterates need for viable projects through PPP
The Infrastructure Concession Regulatory Commission (ICRC), has reiterated the need for viable and bankable projects that will be delivered through PPP, especially in the critical sectors. The Acting Director-General, ICRC, Mr Michael Ohiani, said this at the Public Private Partnership Units Consultative Forum (3PCUF) for Quarter 2, 2022, held in Abuja on Thursday. The News Agency…
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…
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…
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,…
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…
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…
