31/01/2021

FG to concession 12 highways to private sectors

Faced with reality of paucity of funds confronting it, the Federal Government, Friday, commenced the procurement process to concession 12 highways to the private sectors under the Public Private Partnership, PPP, scheme. The concessions arrangement tagged the ‘Highway Development and Management Initiative HDMI’, being promoted by the Federal Ministry of Works and Housing, would attract investments to the tune of over N1.134 trillion. The 12 highways selected for the pilot scheme include the Benin-Asaba, Abuja-Lokoja, […]
31/01/2021

INFRASTRUCTURE CONCESSION REGULATORY COMMISSION (ICRC) ENHANCES FEDERAL GOVERNMENT COLLECTIBLE REVENUE VIA THE FGN SPECIAL CONCESSION ACCOUNT (SCA)

This is to notify the investing public that the Special Concession Account (SCA) has become operational and has within a few months of its operation, yielded the sum of N2,400,689,340.00 (Two billion Four Hundred Million Six Hundred and Eighty-Nine Thousand Three Hundred and Forty naira) which has duly reflected in the Special Concession Account (SCA) with the Central Bank of Nigeria (CBN). It may be recalled that in line with Presidential directives to ensure that […]
11/01/2021

KADUNA POLYTECHNIC RENAMES HOSTEL

The Management of the Kaduna Polytechnic, Friday, renamed one of its newly renovated hostels, formerly Barnawa Hostels, after the late Deputy Director, Energy & Urban Infrastructure at the Infrastructure Concession Regulatory Commission, (ICRC), High Chief Olusa Busari. The decision was made known by the Deputy Rector, Academics of the institution, Dr. Rosemary Kato in a message to the Director General of the ICRC, Engr. Chidi Izuwah. According to her, this is in recognition of his […]
04/12/2020

REQUEST FOR EXPRESSION OF INTEREST: CONTRACT COMPLIANCE VALIDATION CONSULTANCY SERVICE

PUBLIC NOTICE 1. INTRODUCTION The Infrastructure Concession Regulatory Commission (ICRC) was established by an Act of the National Assembly in 2005 to regulate Public-Private Partnership endeavours of the Federal Government aimed at addressing Nigeria’s physical infrastructure deficit which hampers economic development. The ICRC Act provides for the participation of the private sector in financing, construction, development, operation and maintenance of Federal Government infrastructure or development projects through concessions or contractual arrangements. To achieve this initiative, […]
04/12/2020

Ministry of Interior’s automation platform rakes in N2.17bn- Perm Sec

By Folasade Akpan Abuja, Dec. 3, 2020 Mr Shuaib Belgore, the Permanent Secretary, Ministry of Interior says N2.17 billion has been generated into Federal Government coffers since inception of its ECITIBIZ (e-citizenship) automation platform. Belgore said this on Thursday in Abuja at the Fourth Quarter 2020 Public-Private Partnership Consultative Forum (Q4 2020 3PUCF). The permanent secretary was represented by Mrs Moremi Soyinka-Onijala, the Director, Citizenship and Business. He said that the ministry had since the […]
28/11/2020

INVITATION TO BID NUMBER ICRC/PROC/1/2020

PUBLIC NOTICE INVITATION TO BID NUMBER ICRC/PROC/1/2020 SPECIFIC PROCUREMENT NOTICE (SPN) FOR THE SUPPLY OF INFORMATION & COMMUNICATION TECHNOLOGY (ICT) EQUIPMENT AND CONSULTANCY SERVICES FOR CONTRACT COMPLIANCE VALIDATIONS
06/11/2020

Nigeria: How PPPs attracted $8.5b into economy in 10 years – ICRC boss

  November 6, 2020 – by News Agency Of Nigeria – Leave a Comment The Management  of the Infrastructure Concession Regulatory Commission (ICRC), says it has in the last 10 years shored up the Nigerian economy with over 8.5 billion dollars generated from Public Private Partnerships (PPPs). The Director-General of ICRC, Mr Chidi Izuwah disclosed this on Thursday in Abuja when he received a delegation of the National Hajj Commission of Nigeria (NAHCON) led by its Chairman, Mr Kunle Hassan. […]
16/10/2020

Govt should use PPP to revive hundreds of non-performing projects that litter the environment

Need for lasting solution to infrastructure deficit in Nigeria The Editorial Board Oct 16, 2020 The recent federal government’s approval of the concession of some non-performing public infrastructure in the country could not have come at a better time than now as they have remained drain pipes to the national purse. With COVID-19 challenges, poor infrastructure all over the country, staggering local and foreign debts standing at $31.477 billion as at June 2020, according to the […]
11/10/2020

ADDENDUM : REQUEST FOR QUALIFICATION (RFQ): CONCESSION OF THE NATIONAL STADIUM COMPLEX & ATHLETES’ HOSTEL SURULERE, LAGOS STATE

ADDENDUM REQUEST FOR QUALIFICATION (RFQ): CONCESSION OF THE NATIONAL STADIUM COMPLEX & ATHLETES’ HOSTEL, SURULERE, LAGOS AND ATHLETES’ HOSTEL AT PACKAGE B, MOSHOOD ABIOLA NATIONAL STADIUM PACKAGE B, ABUJA IN ACCORDANCE WITH THE INFRASTRUCTURE CONCESSION REGULATION COMMISSION ESTABLISHMENT ACT The interested bidders and general public are kindly referred to the advertisement published in the “The Nation” Newspaper of Vol. 13, No. 5144, page 30, “Daily Trust” Newspaper of Vol. 51, No. 16, page 48 and […]
07/10/2020

FEC APPROVES FOUR MAJOR JVs AND 3.9BILLION DOLLARS WORTH INVESTMENTS

The Federal Executive Council (FEC) today, approved three Full Business Cases in respect of the Bonny Deep Water Port Project, the Nigerian Correctional Service (NCS) Shoe and Garment Factories Projects in Aba and the Janguza Tannery Factory Project in Kano, the Port Harcourt Industrial Park Project and the Port Harcourt – Maiduguri Narrow Gauge with O&M phase as Concession. The combined investment value of these Joint Venture (JV) projects is 3.9 billion dollars. This formed […]
01/10/2020

Happy 60th Independence Day, Nigeria

28/09/2020

CALL FOR EXPRESSION OF INTEREST – CONCESSION OF GOVERNMENT OWNED FARMS AND CATERING REST HOUSES UNDER PUBLIC-PRIVATE PARTNERSHIP ARRANGEMENTS

CALL FOR EXPRESSION OF INTEREST – CONCESSION OF GOVERNMENT OWNED FARMS AND CATERING REST HOUSES UNDER PUBLIC-PRIVATE PARTNERSHIP ARRANGEMENTS Background The Rivers State Government (RSG) as an integral part of its vision and policy thrust has embraced the Public-Private Partnership (PPP) model as a Key strategy for the accelerated delivery of its public infrastructure. This delivery of public infrastructure will mean an expansion of the State’s economy and an increase in population as more people […]
20/09/2020

ICRC COMMENDS AND PLEDGES CONTINUED SUPPORT TO NNPC’s FLAGSHIP BOT PPP PROJECT FOR HER PIPELINE & DEPOT DOWNSTREAM OPERATIONS TOWARDS IMPROVING EFFICIENCY IN NIGERIA’S OIL AND GAS SECTOR

ICRC COMMENDS AND PLEDGES CONTINUED SUPPORT TO NNPC’s FLAGSHIP BOT PPP PROJECT FOR HER PIPELINE & DEPOT DOWNSTREAM OPERATIONS TOWARDS IMPROVING EFFICIENCY IN NIGERIA’S OIL AND GAS SECTOR The Infrastructure Concession Regulatory Commission (ICRC) has commended the Nigerian National Petroleum Corporation (NNPC) for its dedicated focus in improving efficiency in the country’s oil and gas sector via private sector participation to optimize the operations of her Downstream Critical Pipelines and Associated Depots/Terminal Infrastructure through a […]
15/09/2020

The Presidency, Infrastructure Concession Regulatory Commission – Press Statement on Fake News About Kainji Dam

The attention of the Infrastructure Concession Regulatory Commission has been drawn to very dangerous fake news circulating about Kainji Dam. As part of the Power Sector reforms, Kainji Hydropower Facilities are on concession to Mainstream Energy Solutions Ltd. Mainstream’s responsibility includes safe custody of the entire dam structure and appurtenances. The ICRC, being the statutory agency responsible for pre and post contract regulation of PPPs and concessions has continued regular technical and other compliance monitoring […]
07/09/2020

ADDRESS BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA, AT THE FIRST YEAR MINISTERIAL PERFORMANCE REVIEW RETREAT STATE HOUSE CONFERENCE CENTRE, ABUJA 7TH SEPTEMBER, 2020,

ADDRESS BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA, AT THE FIRST YEAR MINISTERIAL PERFORMANCE REVIEW RETREAT STATE HOUSE CONFERENCE CENTRE, ABUJA 7TH SEPTEMBER, 2020, PROTOCOLS It gives me great pleasure to welcome you all to the First Year Ministerial Performance Review Retreat. We are meeting a time that mankind is struggling to overcome the economic and social crisis caused by the COVID-19 pandemic, which has disrupted life as we knew […]
02/09/2020

REQUEST FOR QUALIFICATION (RFQ): CONCESSION OF THE ATHLETES’ HOSTEL ABUJA

The Federal Government of Nigeria THE FEDERAL MINISTRY OF YOUTH AND SPORTS DEVELOPMENT  In line with the Infrastructure Concession Regulatory Commission (Est.) Act. 2005 and the National Policy on Public Private Partnerships (N4P) REQUEST FOR QUALIFICATION (RFQ): CONCESSION OF THE ATHLETES’ HOSTEL ABUJA Project Brief The Federal Government of Nigeria (“FGN”), through the Federal Ministry of Youth and Sports Development, is desirous of transforming the Athletes’ Hostel, Abuja located in Abuja Stadium (Package B) Complex […]