05/02/2019

PRIVATE SECTOR INVOLVEMENT IN ROAD INFRASTRUCTURE

Approval has been given to six companies to construct, reconstruct or rehabilitate 19 federal roads spread across 11 states of the federation. It is a laudable response by the Federal Government to the decrepit state of our road infrastructure, which has led to the death of thousands of people through road accidents. To be executed under the Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme that emanated from Executive Order No. 007, this novelty […]
30/01/2019

FG Promises to Leverage on PPPs to Address $3trn Infrastructure Deficit

The Federal Government says it will continue to leverage on Public Private Partnerships (PPPs) to bridge the three trillion dollars worth of infrastructure deficit in the country. The Director-General, Infrastructure Concession Regulatory Commission (ICRC, Mr Chidi Izuwah said this on Tuesday in Abuja at the opening of the PPP Financing Policy and Law Masterclass. He said that there were many infrastructure projects that could be completed if the government collaborates with the Private Sector, in […]
22/01/2019
Engr. Chidi K.C. Izuwah

SENATE CONFIRMS CHIDI IZUWAH ICRC DIRECTOR GENERAL/CEO

After an impactful period of exceptional achievements in acting capacity including the declaration of the ICRC as the African Infrastructure Regulator of the Year 2018 by Africa Investor Magazine, the Senate last Thursday confirmed the appointment of Engr. Chidi Izuwah as the substantive Director-General/CEO of the Infrastructure Concession Regulatory Commission (ICRC). The Chairman of the Senate Committee on Works, HE Sen. Kabiru Gaya, said the three senators from Abia, the nominee’s state, endorsed his nomination. […]
18/01/2019

Senate confirms INEC REC, DG of ICRC

The Senate on Thursday confirmed the appointment of Mr. Monday Udo Tom as a Resident Electoral Commission of the Independent National Electoral Commission; as well as that of Chidi Kennedy Izuwah as Director-General of the Infrastructure Concession Regulatory Commission. The Senate presided over by Deputy Senate President Ike Ekweremadu, received reports from Committee on INEC,  Works, considered it before the confirmation of the duo. While congratulating Tom, Ekweremadu highlighted the importance of neutrality and independence of […]
11/01/2019

Brainstorming the challenges in African PPPs

  Andrew Buisson Ikenna Emehelu January 03, 2019 On 16 October 2018 in Abuja, the Nigerian Infrastructure Concession Regulatory Commission (ICRC) and the Global Infrastructure Hub (GI Hub) played host to nearly 100 government representatives from 9 different countries – including about 70 delegates from 30 Nigerian ministries, states and parastatal agencies – to discuss risk allocation in Public Private Partnerships (PPPs). Proceedings were opened by insightful speeches from Vice President Yemi Osinbajo SAN, and […]
19/01/2018

ONA OF ABAJI  PAYS ROYAL COURTESY VISIT TO ICRC

The Ona of Abaji and Chairman FCT Council of Chiefs, Alh. (Dr) Adamu Baba Yunusa paid the Infrastructure Concession Regulatory Commission (ICRC) a courtesy visit on 19th January 2018 at the Commission’s office in Abuja. He was received by the ICRC Management team led by its Acting Director General, Engr. Chidi K. C. Izuwah Snr. Engr. Izuwah appreciated the royal visitor for taking time out of his busy schedule to visit the Commission. He shared […]
18/01/2018

NIGERIA’S POWER INFRASTRUCTURE GETS BOOST

The Infrastructure Concession Regulatory Commission (ICRC), Wednesday, held a concession review meeting with North South Power Company, concessionaires of the  Shiroro Hydropower Plant at the Commission’s office in Abuja. It was an opportunity to showcase the gains of the reforms in the nation’s power sector. In the words of the Director General of the Commission Engr. Chidi Izuwah at the event: “What the concessionaires of the Shiroro Hydro Power have demonstrated is a testimony of the […]
17/01/2018

Hope rises for Ibom Deep Seaport as procurement process begins

By Udeme Akpan There are indications that the construction of the Ibom Deep Seaport (IDSP) will soon start following the advertisement of the Request for Qualification (RFQ) from reputable private sector port operators in partnership with the Akwa Ibom State Government and the Federal Government. The RFQ is a major step critical towards the implementation of the IDSP project, apparently one of the most promising Public- Private Partnership (PPP) initiatives in Africa because of the […]
17/01/2018

Sustainable Railways Financing Webinar by the World Bank

Event Date: January 24th, 2018, 08:30 – 09:30 EST Railways are capital intensive and require regular investment to function effectively. The public sector cannot always meet the investment needs, which has created strong interest in mobilizing private investment in the railway sector. A new edition of “Railway Reform: A Toolkit for Improving Rail Sector Performance” explains how private financing can be attracted to the sector, with updated and expanded chapters on financing and governance and […]
11/01/2018

FG, Akwa Ibom to commence Ibom Deep Seaport procurement

THE Federal Government and the Akwa Ibom State government will begin the procurement for the Ibom Deep Seaport (IDSP) project this month. A statement from the technical committee of the project recently said the procurement process will begin with seeking for private sector port developer/operators. It noted that the committee has chosen Global Maritime and Port Services Pte Ltd (GMAPS) of Singapore as the Transaction Advisor while PwC, Nigeria is the Project Manager. It said […]
10/01/2018

ADVERTORIAL: REQUEST FOR QUALIFICATION (RFQ): DEVELOPMENT OF IBOM DEEP SEAPORT

The Federal Government of Nigeria and the Akwa Ibom State Government, in line with the Infrastructure Concession Regulatory Commission (est.) Act 2005 and the National Policy on Public Private Partnership on the Development of Ibom Deep Seaport.  
10/01/2018

ADVERTORIAL: Addendum to request for pre-qualification for operations and maintenance of Abuja and Lagos premier medical warehouses.

10/01/2018

FERMA, ICRC partners on road maintenance, funding

The managements of the Federal Road Management Agency (FERMA) and the Infrastructure Concession Regulatory Commission are in a partnership that would engender a sustainable road infrastructure mechanism for the country. The decision was reached at a meeting between the two agencies in Abuja on Tuesday. At the meeting, the ICRC Acting Director General, Engr. Chidi Izuwah and FERMA’s Managing Director, Engr. Nurudeen Rafindadi, agreed to study all options and pick the ones that would change the […]
29/12/2017

NIGERIA MAKES TOP CLASS IN WORLD BANK PPP BLOG RANKINGS

Nigeria made top class in the “2017 year in review” ranking of the World Bank Group (WBG) Public Private Partnerships (PPP) blogs. According to Yelena Osipova-Stocker,  the Online Communications Officer for the Infrastructure, PPPs and Guarantees Group of the WBG; “2017 was a busy year in the world of infrastructure and public-private partnerships at the World Bank Group: from new knowledge products and tools, to innovations and success … As we look at our top […]
29/12/2017

FG to expand health care delivery using Garki Hospital PPP model

The Infrastructure Concession Regulatory Commission (ICRC) has indicated the possibility of replicating more Public Private Partnership (PPP) arrangements in the moribund health care system following huge success recorded with the concession of Garki specialist Hospital, Abuja which has brought in more efficiency there. Chidi Izuwah, Acting Director General and Chief Executive Officer, ICRC who gave the indication in Abuja on Thursday announced of plans to commence a world class case study of the Garki hospital […]
28/12/2017

Advertorial: Addendum to request for pre-qualification for Operations and Maintenance of Abuja and Lagos Premier Medical Warehouses.

Addendum to request for pre-qualification for Operations and Maintenance of Abuja and Lagos Premier Medical Warehouses. Please click here to download Advertorial