21/12/2017

PRESS RELEASE: FEC GIVES APPROVAL OF THE US$2.8bn AJAOKUTA-KADUNA-KANO (AKK)GAS PIPELINE AND STATIONS PROJECT

  The Federal Executive Council (FEC) at its meeting on the 13th of December, 2017 gave approval to the US$2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline project. The PPP Compliance Certificate of the project in line with the ICRC Act and the National Policy on Public Private Partnership was issued by the Infrastructure Concession Regulatory Commission (ICRC) on the 10th of July, 2017. The project will be delivered through a Build and Transfer (BT) PPP model […]
18/12/2017

The experience dividend for PPPs

Submitted by Darwin Marcelo Does experience in implementing Public-Private Partnerships (PPPs) reduce a country’s chances of contract failure? In a recent study entitled Do Countries Learn from Experience in Infrastructure PPPs, we set out to empirically test whether general PPP experience impacts the success of projects—in this case, captured by a project’s ability to forego the most extreme forms of failure that lead to cancellation. We learned from individual country and project-based cases that many […]
18/12/2017

Aviation in Nigeria set to fly high

On 11 September 2017, the President Buhari-led government of the Federal Republic of Nigeria, announced plans to grant operating concessions over four of the ten international airports in Nigeria – the Murtala Mohammed International Airport in Lagos State, Nnamdi Azikwe International Airport in Abuja, Port Harcourt International Airport in Rivers State and Aminu Kano International Airport in Kano State. Only a few days before (4 September), the National Council on Privatisation, under the chairmanship of […]
14/12/2017

Installation of Solar PV panels at Power House Maitama by the Federal Ministry of Power Works and Housing

Today, in the full glare of the public and as a solid sign of the Ease of Doing Business and transparency in PPP procurement drive of HE President Muhammed Buhari, commercial offers for supply, operate and maintain of a self sufficient utility scale solar PV plant happened at the Federal Ministry of Power, Works and Housing (Power Sector) with the ICRC providing appreciated regulatory guidance. The effort is part of the Ministry’s initiative aimed at […]
12/12/2017

RFQ LAUNCHED FOR ONTARIO REGIONAL EXPRESS RAIL P3

Infrastructure Ontario (IO) and Metrolinx have issued a Request for Qualifications (RFQ) for interested parties to design, build and finance the Lakeshore West Corridor Infrastructure Improvements project. The infrastructure upgrades are required to accommodate the planned expansion of GO Transit rail service on the Lakeshore West line. GO Transit is the regional public rail system for the Greater Toronto and Hamilton Area (GTHA), in Southern Ontario. The Lakeshore West line runs from Union Station in Toronto to Hamilton, with summer weekend and holiday excursion service extending to Niagara Falls. The RFQ outlines the scope of work […]
12/12/2017

GHANA KICKSTARTS RAIL AND PORT PPP

The Government of Ghana (GoG), through the Ministry of Transport (MoT) and the Ministry of Railways Development (MoRD) and their respective agencies, namely; Ghana Shippers’ Authority (GSA), Ghana Ports and Harbours Authority (GPHA)and the Ghana Railway Development Authority (GRDA), hosted a market sounding event for the Boankra Inland Port and the Eastern Railway Line project last week. The event took place on Wednesday, 6th December. The project aims to ease the congestion at the main ports in Ghana, the Tema and Takoradi ports, and also to bring import and export services […]
12/12/2017

Nigeria blazes the trail for PPP disclosures with new web portal

“The nation has a huge infrastructure deficit for which we require foreign capital and expertise to supplement whatever resources we can marshal at home. In essence, increased engagement with the outside world is called for as we seek public-private partnerships in our quest for enhanced capital and expertise. This is the way of the new world for all countries in the 21st century.” – HE President Muhammadu Buhari Within the first 100 days of his administration, […]
12/12/2017

KANO SEEKS PPP TO REVIVE COTTON INDUSTRY

The Kano State Governor, Dr. Abdullahi Ganduje has expressed the willingness of the state to embrace public-private partnership (PPP) to revive the ailing cotton industry in the state. Ganduje stated this at a workshop for financial journalists with theme: ‘The Role of Nigeria Banking Sector: Opportunities, Challenges and the Way forward’ organised by the Nigeria Deposit Insurance Corporation (NDIC) in Kano recently. “We need public private investment to revive the cotton industry,” Ganduje, who was […]
08/12/2017

ICRC Committed To PPP Success In Nigeria

The Infrastructure Concession Regulatory Commission (ICRC) has reiterated commitments to ensure the success of Public Private Partnership (PPP) in the country. Mr Chidi Izuwah, Acting Director-General of ICRC, disclosed this at the Fourth Quarter 2017 PPP Units Consultative Forum on Thursday in Abuja. Izuwah also commended members of the consultative forum in their effort towards ensuring national infrastructure and service development in the country, through meaningful interactions and knowledge sharing. He noted that the forum […]
23/11/2017

PPP Contract Disclosure Portal: Key to Improvement of Infrastructure Deficit in Nigeria?

Public Private Partnership, (PPP) has proven to be a veritable tool in the development of infrastructural facilities all over the world. Thus, in line with one of the indicative parameters of Vision 20:2020 – the blueprint designed by the government to make Nigeria one of the world’s best 20 economies by 2020, the Federal Government is making moves towards a massive upgrade of infrastructure across several sectors. Over twenty (20) projects are lined up for […]
23/11/2017

National carrier will be private sector driven – Sirika

The Minister of State for Aviation, Sen. Hadi Sirika, says the proposed national carrier will be private sector driven. He said that would avoid the mistakes that led to the failure of the defunct Nigerian Airways. Sirika stated this on the sideline of the ongoing International Civil Aviation Organisation World Aviation Forum on Wednesday in Abuja. Newsmen report that the theme of the forum is “Financing the Development of Aviation Infrastructure.” He said that stakeholders […]
23/11/2017

AU sets date to inaugurate single African air transport market

The African Union Commission says it will inaugurate the Single African Air Transport Market in January 2018 to increase connectivity within the continent. The AU Chairperson, Moussa Mahamat, made this known at the opening of the Third International Civil Aviation Organisation World Aviation Forum on Tuesday in Abuja. The theme of this year’s forum is: “Financing the Development of Aviation Infrastructure.” Mahamat, who was represented by Dr. Amani Abu-Zeid, the Commissioner for Infrastructure and Energy […]
20/11/2017

ICRC warns MDAs against influencing PPP projects

The Infrastructure Concession and Regulatory Commission (ICRC) has warned heads of government Ministries, Departments and Agencies (MDAs), against influencing those projects to their cronies or for political patronage. Making a presentation to the body of federal permanent secretaries in Abuja, the acting Director-General the Commission, Engr. Chidi Izuwah, said PPP projects influenced to cronies may fail or not yield the maximum benefits. He said the MDAs must separate themselves from such projects and allow the […]
17/11/2017

Infrastructural deficit: Ehanire, Izuwah, others call for policies to boost investors’ confidence

To address Nigeria’s infrastructural deficit, government must adopt proactive legislation and ensure transparency in accessing relevant information to boost investors’ confidence This was the submission of stakeholders, at a plenary session on Infrastructural Development Imperatives of Edo Economic Development Agenda, at the Alaghodaro Investment Summit in Benin City, Edo State. Minister of State for Health, Dr. Osagie E. Ehanire, who was a participant at the session, said the federal government intends to build investors’ confidence […]
17/11/2017

2018 to be driven by PPPs, says Udoma

Says no more funding of CSOs, media in budget monitoring. Much of the key infrastructural projects delivery captured in the N8.61 trillion 2018 Federal Government  Budget of Nigeria is to be driven under the Public Private Partnership [PPP] arrangement, the Minister of Budget and National Planning , Sen. Udoma Udo Udoma has said. Speaking at the 2018 budget breakdown in Abuja, Udoma explained that the N295 billion provision made in the budget for major roads […]
17/11/2017

Waterways as Viable Transport Channels

Eromosele Abiodun posits that with a visionary plan, the Nigerian Inland Waterways Authority can respond appropriately to the country’s transportations needs through the waterways. Inland waterways are made up of navigable rivers, lakes, coastal creeks, lagoons and canals. The movement of goods and services along inland waterways is one of the oldest means of transportation from point to point. This is largely due to the fact that inland water transport offers the most economical, energy […]