19/05/2023
PRESS RELEASE May 19, 2023 PPP: FEC approves $3,7bn ports, Abuja & Lagos airport concession – ICRC … okays Park and Pay in FCT, Development of Police quarters Ikeja …Imposes levy on companies employing expatriates The Federal Executive Council (FEC) on Wednesday, approved the renovation of the Burutu Port and establishment of a Deepsea Port in Delta state; development of Ondo Port and development of the Snake Island Terminal in Lagos all under […]
25/05/2022
PRESS RELEASE May 24, 2022 The Infrastructure Concession Regulatory Commission (ICRC) has commenced training for Ministries, Departments and Agencies (MDAs) on risk management, especially as it relates to Public Private Partnerships (PPPs). The training which was declared open by the Acting Director General of the Commission, Michael Ohiani, had Ministries of Transportation, Justice, Aviation, Water Resources as well as agencies under the Ministries in attendance. Aimed at enlightening decision makers in government agencies […]
04/05/2022
PPP: NCC issues Request For Qualification for Device Management System (DMS) Under the regulatory guidance of the Infrastructure Concession Regulatory Commission (ICRC), the Nigerian Communication Commission (NCC) has issued a Request for Qualification (RFQ) for the deployment of a single window Device Management System (DMS) for mobile communication devices. The project is collaboration between the NCC and the Federal Ministry of Communications and Digital Economy under a Public-Private Partnership (PPP) arrangement (“NCC Device Management System” […]
28/04/2022
PRESS RELEASE April 28, 2022 In its statutory bid to regulate the advancement of infrastructural development of Nigeria through Public Private Partnerships (PPPs), the Infrastructure Concession Regulatory Commission (ICRC) has issued two Full Business Case Certificates of Compliance for new infrastructure projects. The FBCs which were presented to the Minister of Transportation, Rotimi Amaechi, were for the concession of the Badagry Deep Seaport and the Floating Dry Dock for NIMASA. Acting Director General of the […]
27/04/2022
PRESS RELEASE April 27, 2022 Nigeria being repositioned as PPP knowledge base in Africa – ICRC The Infrastructure Concession Regulatory Commission (ICRC) says that it is working very assiduously to reposition Nigeria as the Public Private Partnership (PPP) knowledge base in Africa. Acting Director General of the Commission, Michael Ohiani said this during the first meeting of the Nigerian Public Private Partnership Network (NPPPN), a network that brings together all heads of PPP at state […]
28/03/2022
PRESS RELEASE March 28, 2022 ICRC receives Shippers’ Council delegation, harps on PPPs to bridge infrastructure gap The Infrastructure Concession Regulatory Commission (ICRC) has emphasized the need to utilize Public Private Partnerships in bridging the Infrastructure gap in the country. This is even as it has identified PPP models as a strategy that could be deployed in the transportation of goods to reduce over reliance on trucking which damages road infrastructure. Acting […]
02/03/2022
Mr Micheal Ohiani, the Acting Director-General (D-G), Infrastructure Concession Regulatory Commission (ICRC), says the organisation has implemented 173 concessions worth nine billion dollars since its inception in 2008. Ohiani said this in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja. According to him, ICRC has been able to issue 116 Outline Business Cases (OBC) certificates and 47 Full Business Case (FBC) certificates approved by the Federal Executive Council (FEC). He, […]
01/03/2022
March 1, 2022 PRESS RELEASE Lekki Deep Sea Port at 81 percent completion – ICRC The Infrastructure Concession Regulatory Commission (ICRC) wishes to state that the Lekki Deep Sea Port project is now over 80 percent completed. Although it was widely reported across several media outlets that the project is at 96 percent completion, the Commission wishes to clarify that the project is at 81.14 percent completion. Breakdown of the completion status show that: dredging […]
01/03/2022
The Infrastructure Concession Regulatory Commission (ICRC) says the Federal Government is poised in its commitment to bridging the infrastructure gap in Nigeria. The Acting Director-General of the commission, Mr Michael Ohiani said this in an interview with the News Agency of Nigeria (NAN) in Abuja on Sunday. The ICRC boss hinted that plans were at advanced stage to begin the process of procuring a concessionaire for the Lagos/Ibadan rail and the Itakpe/Warri rail. Ohiani said […]
18/02/2022
PRESS RELEASE February 18, 2022 Fishery coastal terminal concession will generate over N5bn, create jobs, boost Forex earnings – ICRC The Infrastructure Concession Regulatory Commission (ICRC) says that plans have been concluded to create jobs, boost foreign exchange earnings and generate over N5 billion through the Fisheries Coastal Terminal Concession project. The project which among others, targets a boost in exportation of fishes, will ensure the rehabilitation and upgrade of the terminal and operation of […]
03/02/2022
The Infrastructure Concession Regulatory Commission (ICRC) has said that the Onitsha River Port will serve as an alternative source of transporting goods to the South East from Lagos, Port Harcourt and other areas with adequate water connectivity. The 30-year concession, approved by the Federal Executive Council, under a Rehabilitate-Operate and Transfer (ROT) arrangement, targets a revenue generation of N50 billion. The project is domiciled in the Ministry of Transportation with Messrs Universal Elysium Consortium as […]