The Infrastructure Concession Regulatory Commission (ICRC) has issued an Outlined Business Case (OBC) Certificate to Nigeria Correctional Service (NCoS) in respect of the Ozalla farm, Edo state for production of rice and Palm kernel.   Speaking during a courtesy visit to the Controller General, NCoS, the Acting Director General, ICRC, Mr Michael Ohiani, on Tuesday in Abuja, urged the service to go into immediate procurement phase, as recommended by the commission.   He said that the farm in Edo state was about […]

– Says Bi-Courtney, Arik owe N14 billion, N13 billion respectively – Vows to recover every kobo – Fixes 2022 for national carrier 8th July 2021 From Juliana Taiwo-Obalonye, Abuja Minister of Aviation Hadi Sirika has disclosed that Nigerian airlines are owing federal agencies to the tune of N37 billion. He said while Arik owes about N13 or N14 billion, Bi-Courtney is owing the Federal Airports Authority of Nigeria (FAAN) about N14 billion, adding that for the […]

By Folasade Akpan Abuja, June 18, 2021 (NAN) Mr Nurudeen Rafindadi, Managing Director, Federal Road Maintenance Agency (FERMA), says capacity expansion and increased maintenance are needed to improve the state of the roads in Nigeria. Rafindadi said this in Abuja, at the second quarter meeting of Public Private Partnership Unit Consultative Forum (3PUCF) organised by the Infrastructure Concession Regulatory Commission (ICRC). Represented by Mr. Emeka Agbasi, Head, PPP, Multilateral and Special Duties at FERMA, Rafindadi said […]

June 15, 2021 The Infrastructure Concession Regulatory Commission, ICRC, has commended the National Hajj Commission of Nigeria, NAHCON, for adopting Public-Private Partnership, PPP, procurement methodology to develop property worth N1.5 billion in Kano State. The Acting Director-General of ICRC, Michael Ohiani, made the commendation while presenting Certificate of Outline Business Case, OBC, Compliance to the Chairman of NAHCON, Zikrullah Hassan, on Tuesday in Abuja. Mr. Ohiani said that NAHCON had identified that the commercial development […]

By Hutson Efosa The Nigerian Government says that it is committed to a transparent, fair and competitive bidding process for the 12 Pilot Road corridors earmarked for concession through the Value-Added Concession programme under the Highway Development and Management Initiative (HDMI) Project Life Cycle. The Permanent Secretary, Federal Ministry of Works and Housing, Babangida Hussaini, stated this during the official virtual Request for Qualification (RfQ) bid opening ceremony held at the Conference Room of the […]

Udom Emmanuel, Akwa Ibom state governor, says the Ibom Deep Sea Project (IDSP) will enhance Nigeria’s maritime industry by easing the frustrations experienced by importers and exporters at Lagos ports. Emmanuel said this via a tweet posted by the federal government’s Twitter handle. The $4.2 billion IDSP project is being developed by Akwa Ibom state government through a public-private partnership (PPP). The federal executive council (FEC) granted approval for implementation of the first phase ($2.016 billion) of the port […]

BY MARK ITSIBOR Leaders from the public and private sectors have extoled the legacies of former director-general of the Infrastructure Concession Regulatory Commission (ICRC), Engr Chidi Izuwah (snr). Speaking at a memorial colloquium that was held in his honour yesterday, minister of Interior, Rauf Aregbesola, described late Izuwah as a rare Nigerian with amazing character. “He was such an amazing human being. He was a very resourceful and a hardworking man. He was a bundle […]

The Nigerian National Petroleum Corporation (NNPC) has given a boost to the 1,300 kilometer Trans Niger Gas Pipeline (TNGP) project for gas delivery to Europe. This came with the execution of $2.8 billion Ajaokuta- Kaduna-Kano, AKK, gas pipeline project, which was boosted at the weekend through the delivery of 96 pipes from Warri South South region to Itakpe in Kogi state, North Central Nigeria by rail. The conveyance by rail was made possible through the […]

The Infrastructure Concession Regulatory Commission (ICRC) says the proposed Jabi Lake Tourism and Recreation Development project will generate N123 billion over a 30-year period. Mr Micheal Ohiani, ICRC Acting Director-General, said this on Wednesday in Abuja, while presenting the Outline Business Certificates (OBC) to Mrs Ramatu Aliyu, Minister of State for Federal Capital Territory (FCT). Ohiani said the project would also generate net present value of N1.5 billion, internal rate of return of 17.75 per […]