18/03/2024
From L: Director General of Infrastructure Concession Regulatory Commission (ICRC), Michael Ohiani with Port Manager, NPA, Calabar Port, Mr Olumati Festus, during a monitoring visit by the ICRC to the Port

ICRC lauds Calabar Port’s remarkable achievement

  By Christian Njoku – News Agency of Nigeria (NAN) The Infrastructure Concession Regulatory Commission (ICRC), has  lauded the remarkable achievement of Calabar Port irrespective  inherent challenges. The Director-General, Mr Michael Ohiani, stated this when members of the commission visited the management of the Nigerian Ports Authority (NPA) and terminal operators in Calabar. Ohiani stated that despite inherent infrastructure challenges, the port had been able to find innovative ways of doing business. The ICRC chief […]
30/11/2023

Austria eyes partnership with Nigeria on transportation infrastructure

  ….Mr. Ohiani assured the team of the commission’s commitment in public-private partnerships. The Government of Austria has sought partnership with the Federal Government in the provision of transportation infrastructure and other areas of public-private partnerships. This is contained in a statement signed by the Head, Media and Publicity, Infrastructure Concession Regulatory Commission, Manji Yarling, in Abuja on Wednesday. Ms. Yarling said the partnership was sought when the Austrian Ambassador to Nigeria, Thomas Schlesinger, paid […]
19/10/2023
President Tinubu precides over FEC

FEC approves concession of ‘Colonial’ Central Workshop Ijora

October 19, 2023 …First PPP project approved in Tinubu’s administration … Facility to manufacture, maintain and provide engineering services   The Federal Executive Council has approved the concession of the Central Workshop Ijora to a private sector firm for rehabilitation and optimal operation under the regulatory guidance of the Infrastructure Concession Regulatory Commission (ICRC). This is the First Public Private Partnership (PPP) projects to be approved under the new administration of H.E. President Bola Ahmed […]
03/10/2023
63rd INDEPENDENCE ANNIVERSARY MESSAGE BY DG ICRC

63rd INDEPENDENCE ANNIVERSARY MESSAGE BY DG ICRC

October 1, 2023   CONGRATULATORY MESSAGE TO TO HIS EXCELLENCY PRESIDENT BOLA AHMED TINUBU, GCFR  HIS EXCELLENCY VICE PRESIDENT KASHIM SHETTIMA, GCON AND THE GOOD PEOPE OF THE FEDERAL REPUBLIC OF NIGERIA;  ON THE 63RD INDEPENDENCE ANNIVERSSARY OF THE FEDERAL REPUBLIC OF NIGERIA   The Management and Staff of the Infrastructure Concession Regulatory Commission (ICRC) heartily congratulate H.E. President Bola Ahmed Tinubu, GCFR, H.E. Vice President Kashim Shettima, GCON and the good people of the […]
28/09/2023

ICRC, NIPC, NOA Rank High On FoI Compliance, 175 Flout Request

Infrastructure Concession Regulatory Commission (ICRC), Nigerian Investment Promotion Commission (NIPC) and National Orientation Agency (NOA) have emerged as the top three winners of the 2023 National Freedom of Information (FOI) compliance and transparency ranking carried out by a coalition made up of some Civil Society Organisations (CSOs). The report also showed that no fewer than 175 federal government ministries, departments and agencies do not actively respond to requests made through the Freedom of Information Act. […]
23/09/2023
Asset concession will generate N185.2bn revenue in 2023 – ICRC

Asset concession will generate N185.2bn revenue in 2023 – ICRC

The Director-General of the Infrastructure Concession Regulatory Commission, Michael Ohiani, says concessions of various assets will generate revenue N185.2bn to the treasury account of the Federal Government in 2023, The DG said this in the commissions’ second quarter bulletin obtained by Saturday PUNCH on Friday. He stated that the projects which would inject billions of dollars in private sector investment to the tune of N10.8tn, would contribute greatly to bridging the nation’s infrastructure deficit. The private-public partnership was […]
14/07/2023
63rd INDEPENDENCE ANNIVERSARY MESSAGE BY DG ICRC

FG reiterates commitment to improving Nigeria’s infrastructure economy through PPP

The Federal Government says it remains committed to the success of Public-Private Partnership (PPP) projects to improve Nigeria’s infrastructure economy and national development. Mr Michael Ohiani, Director-General, Infrastructure Concession Regulatory Commission (ICRC), said this at the second 2023 Public-Private Partnership Consultative Forum (3PUCF) Meeting in Abuja on Thursday. The News Agency of Nigeria (NAN) reports that the meeting was hosted and sponsored by the Ministry of Finance Incorporated (MOFI). MOFI is a corporation vested with […]
23/06/2023
Infrastructure Development: S/African Envoy seeks collaboration with Nigeria on PPPs

Infrastructure Development: S/African Envoy seeks collaboration with Nigeria on PPPs

PRESS RELEASE June 23, 2023   Infrastructure Development: S/African Envoy seeks collaboration with Nigeria on PPPs The Government of South Africa has sought the collaboration of the Nigerian government on mutually beneficial infrastructure development through Public Private Partnerships (PPPs). South African High Commissioner to Nigeria, Tharmi Mseleku disclosed this when he led a team of officials on a courtesy visit to the Director General of the Infrastructure Concession Regulatory Commission (ICRC), Mr Michael Ohiani. He […]
29/05/2023
CONGRATULATORY MESSAGE TO PRESIDENT TINUBU AND VICE PRESIDENT SHETTIMA

CONGRATULATORY MESSAGE TO PRESIDENT TINUBU AND VICE PRESIDENT SHETTIMA

May 29, 2023  CONGRATULATORY MESSAGE TO HIS EXCELLENCY BOLA AHMED TINUBU, GCFR AND HIS EXCELLENCY ALHAJI KASHIM SHETTIMA, GCON; ON THEIR INAUGURATION AS PRESIDENT AND VICE PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA   The Management and Staff of the Infrastructure Concession Regulatory Commission (ICRC) heartily congratulate H.E. Sen. Bola Ahmed Tinubu, GCFR and H.E. Kashim Shettima, GCON on their inauguration as 7th democratically elected President and Vice President respectively, of the Federal Republic of […]
19/05/2023
PPP: FEC approves $3,7bn ports, Abuja & Lagos airport concession - ICRC

PPP: FEC approves $3,7bn ports, Abuja & Lagos airport concession – ICRC

PRESS RELEASE May 19, 2023   PPP: FEC approves $3,7bn ports, Abuja & Lagos airport concession – ICRC … okays Park and Pay in FCT, Development of Police quarters Ikeja …Imposes levy on companies employing expatriates   The Federal Executive Council (FEC) on Wednesday, approved the renovation of the Burutu Port and establishment of a Deepsea Port in Delta state; development of Ondo Port and development of the Snake Island Terminal in Lagos all under […]
12/05/2023
FEC approves Management Concession for Gurara II, Kashimbila power plants, others, targets 400MW power, N647.7bn revenue – ICRC

FEC approves Management Concession for Gurara II, Kashimbilla power plants, others, targets 400MW power, N647.7bn revenue – ICRC

PRESS RELEASE May 11, 2023   FEC approves Management Concession for Gurara II, Kashimbilla power plants, others, targets 400MW power, N647.7bn revenue – ICRC …As NCC’s System to fight terrorism, insecurity gets approval …Secure E-ticketing for Warri-Itakpe, Lagos – Ibadan also get executive nod   The Federal Executive Council (FEC) on Wednesday approved an Operation and Management concession for the 360 Mega Watts Gurara II Multipurpose Dam and Hydro Power Plant as well as the […]
28/04/2023

FG remains committed to infrastructure development in Nigeria – ICRC boss

By Okeoghene Akubuike Mr Micheal Ohiani, Director-General, Infrastructure Concession Regulatory Commission (ICRC), says the Federal Government remains committed to infrastructure development in Nigeria through Public-Private Partnership (PPP). Ohiani said this at the 1st Quarter 2023 Public-Private Partnership Consultative Forum (3PUCF) and the Inauguration of State House PPP-Unit in Abuja on Thursday. The News Agency of Nigeria (NAN) reports that the meeting was hosted by the State House. According to Ohiani, since the last 3PUCF meeting […]
22/04/2023

FEC approves Cassava bio-ethanol, Fire management concessions, targets N180bn revenue – ICRC

In its bid to create wealth, provide jobs, reduce poverty, improve food security & nutrition, provide renewable energy and reduce carbon footprint, the Federal Executive Council (FEC) on Wednesday, approved the concession of the Cassava Bio-mass, Bio-ethanol Value Chain. This is even as the Executive Council approved the National Fire Detection And Alarm System (NAFDAS) for the effective prevention, detection and management of fire across the country. Both projects which are under the regulatory guidance […]
16/02/2023

Benin Port: FG, Edo Govt Commence Bidding Process for Devt of 300,000 TEUs Per Annum Project

The Federal Ministry of Transportation (FMOT) and the Nigerian Ports Authority (NPA) in collaboration with the Edo state government have called for bids for the development of the Benin Port (on an area of approximately 20 hectares) under a public-private partnership (PPP). In an advert for the project, the government said the purpose of the proposed project was to enhance the national water transportation capacity and to develop a multi-purpose port with capability to handle […]
13/02/2023
The Federal Government has begun moves to incorporate the website of its Ministry of Foreign Affairs and those of all Foreign Missions into one unified portal.

PPP: FG to unify Foreign Missions’ websites, create platform to help stranded nationals

…Seeks PPP to manage, sustain project   PRESS RELEASE February 9, 2023 The Federal Government has begun moves to incorporate the website of its Ministry of Foreign Affairs and those of all Foreign Missions into one unified portal. The unified web portal whose management is proposed to be handled under a Public Private Partnership (PPP) model seeks to among other things, provide a platform for stranded Nigerians to reach out and get help. Minister of […]
05/02/2023
PPP: ICRC, Foreign Affairs Ministry open talks to revitalize FG’s properties abroad

PPP: ICRC, Foreign Affairs Ministry open talks to revitalize FG’s properties abroad

PRESS RELEASE February 3, 2023 PPP: ICRC, Foreign Affairs Ministry open talks to revitalize FG’s properties abroad …As Ministry of Foreign Affairs’ PPP unit gets inaugurated   The Infrastructure Concession Regulatory Commission (ICRC) and the Ministry of Foreign Affairs have opened talks for the revitalization and commercialization where possible, of Federal Government properties abroad. These talks which opened last Tuesday between the Minister of Foreign Affairs Geoffrey Onyeama with his team and the ICRC DG […]