16/11/2017

FAAN workers meet ICRC over airport concession

In continuation of aviation unions’ engagements with stakeholders and relevant agencies of government over the proposed concession of four international airports – Lagos, Abuja, Port-Harcourt and Kano – some workers’ unions met with representatives of the Infrastructure Concession Regulatory Commission (ICRC). The meeting, it was learnt, was at the instance of the Federal Airports Authority of Nigeria(FAAN) as part of the ongoing consultations on the planned concession which the unions had earlier kicked against. ICRC […]
15/11/2017

ICRC wants the National Theatre re-developed into entertainment city

The Infrastructure Concession Regulatory Commission (ICRC) is proposing that the Federal Government develop the 65 hectares fallow land around the 134 hectares National Arts Theatre to an entertainment city. Mr Chidi Izuwah, the acting Director-General, ICRC, made the suggestion in a presentation to a body of Federal Government Permanent Secretaries on Tuesday in Abuja. He said that right now the land, which should be fetching billions in revenue to the Federal Government, had remained undeveloped. […]
13/11/2017

ICRC wants FG to declare national emergency on infrastructure  

The Infrastructure Concession Regulatory Commission (ICRC) has asked the Federal Government to implement plans that will kick-start rapid infrastructure development in the country. The acting Director-General, ICRC, Mr Chidi Izuwah, said this on Wednesday in Abuja at a one-day Public-Private Partnership (PPP) sensitisation for members of the House of Representatives Committee on Special Duties. He said that only the provision of adequate infrastructure such as roads, trains, hospitals, schools and others would provide long term […]
13/11/2017

Nigeria joins league of PPP global best practices

Fifty-five officials from the public and private sector organizations in Nigeria have been trained on international standards and best practices in public private partnership projects. The PPP professionals are now as qualified as their counterparts in 64 other countries across the world who have obtained the coveted Certified Public-Private Professional (CP3P) foundation level certification. The training was facilitated by the Infrastructure Concession and Regulatory Commission (ICRC) with support from the World Bank. The successful candidates, […]
13/11/2017

 Landmark Lagos Midstream Jetty conceived by Oando PLC, to impact Nigeria’s Oil and Gas Industry

Across Africa, the Public Private Partnership (PPP) model has become increasingly critical as both a funding and operational mechanism for social and economic infrastructures. The World Bank established that a target of $93 billion per year is required to meet the infrastructural needs of sub-Saharan Africa. This lack of infrastructure makes it difficult for African markets to grow sustainable. Over the years, the huge infrastructure gap in Nigeria has diminished economic growth. According to the […]
07/11/2017

ICRC trains MDAs on PPP best practices

Fifty-five officials from the public and private sector organizations in Nigeria have been trained on international standards and best practices in designing and executing public private partnership projects. The PPP professionals are now as qualified as their counterparts in 64countries across the world who have obtained the coveted Certified Public-Private Professional (CP3P) foundation level certification. The training was facilitated by the Infrastructure Concession and Regulatory Commission (ICRC) with support from the World Bank. The successful […]
03/11/2017

CP3P FOUNDATION LEVEL CERTIFICATE PRESENTATION HOLDS IN ABUJA

Fifty five officials from public and private sector organizations in Nigeria have joined Public-Private Partnership (PPP) professionals from across 64 other countries to obtain the coveted Certified Public-Private Partnership Professional (CP3P) foundation level certification. The successful candidates drawn from a number of Federal Government Ministries, Departments and Agencies, including those from Kaduna State government as well as participants from the private sector were awarded certificates, upon successful completion of the CP3P foundation level examination, Thursday, […]
01/11/2017

ICRC RANKS HIGH ON TRANSPARENCY

In recognition of the effort of the management of the Infrastructure Concession Regulatory Commission (ICRC), to adhere to the dictates of the Freedom of Information Act with respect to PPP transactions, Director General of the Commission, Engr. Chidi KC Izuwah, was recently presented with a copy of the 2016 FOI Compliance and Transparency Ranking by the Public and Private Development Center. Making the presentation, Programme Officer of the Center, Onyekachi Chukwu, disclosed that the transparency […]
01/11/2017

ICRC Calls For Proper Care Of Cities To Curb Slum Rise

The Infrastructure Concession Regulatory Commission (ICRC) on Tuesday called for proper planning of Nigerian cities to address the challenge of slum proliferation. The Director-General, ICRC, Mr Chidi Izuwah, made the call in Abuja at a one day High-Level Policy Dialogue on Pro-Poor Public Private Partnership (PPP) Housing Programme. Izuwah said any society that was not well planned and structured, and yet underwent rapid population increase was bound to face urban decay. He added that urban […]
26/10/2017

FG TERMINATES PAYMENT OF OBC, FBC CERTIFICATION FEES

Following feedback from stakeholders and potential investors with respect to the cost and procedure of Public Private Partnership (PPP) project preparation and in a bid to give additional push to the Ease of Doing Business in Nigeria policy of the current administration, the ICRC initiated steps aimed at mitigating the bottlenecks that impede the successful conclusion of PPP projects. Consequently, the Commission is pleased to inform all PPP stakeholders especially Ministries, Departments and Agencies (MDAs) […]
23/10/2017

Airport Concession: Nigerian Government Agrees To Expand Scope Of Work – Union Leader

A week to the commencement of the total grounding of the aviation industry, the Ministry of Labour and Productivity has intervened in the brewing crisis between the industry unions and the Minister of State for Aviation, Senator Hadi Sirika. A week to the commencement of the total grounding of the aviation industry, the Ministry of Labour and Productivity has intervened in the brewing crisis between the industry unions and the Minister of State for Aviation, […]
16/10/2017

2017-2018 PPP training program in Abuja, Nigeria

The Rapid Building Blocks for the take of … of The PMB Infrastructure Revolution for Nigeria via effective PPPs continues with dedicated world class PPP training planned for Nigeria via an important collaboration between the ICRC and Institute for Public-Private Partnerships (IP3). High Quality Technical Human Capacity is critical and required to manage the complex and demanding legal, techno financial and long term value for money analysis PPP procurement requires. The Institute for Public-Private Partnerships […]
11/10/2017

ICRC TO HOST HOUSING ROUND TABLE

The Infrastructure Concession Regulatory Commission (ICRC) is to convene a PPP Affordable Housing Round Table which seeks to highlight issues around as well as proffer solutions to the housing delivery shortfall in the country. The event, scheduled to hold in November 2017, would attract stakeholders in the financing and delivery of affordable housing in Nigeria. Ag. Director General of the ICRC, Chidi Izuwah, made this disclosure, while on a courtesy visit to the Millard Fuller […]
09/10/2017

NOUN gets nod for N150m PPP project

By Racheal Ishaya The Infrastructure Concession Regulatory Commission (ICRC) has approved the National Open University’s (NOUN) proposal to build and operate a N150 million multi-functional center using the Public Private Partnership (PPP) model. The acting Director-General of ICRC, Mr Chidi Izuwah made this known last Friday in Abuja as he officially handed over an Outline Business Certificate, which gave NOUN the go ahead to look for private investors. Izuwah also urged Federal Government universities to […]
05/10/2017

Senators’ salaries: Write us, we’ll help you get public information from anybody – Centre

As many Nigerians, including human rights groups such as Femi Falana, SAN, and the Socio-Economic Rights and Accountability Project, SERAP, have continued to demand, for instance, the actual amount legislators earn without success, the Chief Operating Officer, Public and Private Development Centre (PPDC), Mrs. Nkem Ilo, on Friday has said that Nigerians had rights to request for such pieces of information on any public institution or person. Ilo told newsmen in Abuja on Friday that […]
05/10/2017

Nigeria: Getting PPPs right

Last Friday, the Federal Government’s Infrastructure Concession Regulatory Commission blazed an important trail by publishing details of 51 federal public-private partnership contracts —the culmination of a year’s worth of work with the World Bank to ensure that all non-confidential information from the PPP contracts is easily accessible to the public. We hope other countries will follow Nigeria’s trend-setting lead. Nigeria’s infrastructure needs remain acute. The country needs more railways, roads, and ports to get products […]