News - Page 2 of 19 - Infrastructure Concession Regulatory Commission

19/08/2024

DG ICRC, Dr Jobson Oseodion Ewalefoh during the retreat in Uyo

19/08/2024

PPP: New ICRC DG, Ewalefoh, vows to accelerate infrastructure Development

PRESS RELEASE August 19th, 2024 PPP: New ICRC DG, Ewalefoh, vows to accelerate infrastructure Development . . . Rolls out six-point Policy Direction The Director General of the Infrastructure Concession Regulatory Commission (ICRC), Dr Jobson Oseodion Ewalefoh, has vowed to streamline processes required to deliver Public Private Partnerships (PPP) projects in order to accelerate infrastructure development and bridge the attendant gaps and stimulate the economy. He said this at the weekend during a strategic […]

24/07/2024

24/07/2024

Senate confirms appointment of Dr Ewalefoh as DG, ICRC

…As Ewalefoh pledges to boost investors’ confidence, infrastructure Devt. July 23, 2024 The Senate on Tuesday confirmed the appointment of Dr. Jobson Oseodion Ewalefoh as the Director General of the Infrastructure Concession Regulatory Commission (ICRC). His confirmation is sequel to his successful screening by the Committee on Trade and Investment, following the transmission of his nomination by President Bola Tinubu, GCFR in a letter to the President of […]

25/03/2024

Electricity Act: Nnaji urges States to employ PPP in Power infrastructure,

Electricity Act: Nnaji urges States to employ PPP in Power infrastructure, …advocates Regional Power projects over individual state-owned …As ICRC hosts quarterly Nigeria PPP Network State governments have been urged to employ Public Private Partnerships (PPPs) in procuring power infrastructure in their states. Prof. Bart Nnaji, a former Minister of Power gave the charge on Thursday when he presented a paper at the first quarter 2024 Nigeria Public Private Partnership Network (NPPPN) meeting which […]

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

18/03/2024

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

19/10/2023

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

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

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

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

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

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

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

12/05/2023

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 […]

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