The Infrastructure Concession Regulatory Commission (ICRC), has restated the Federal Government’s commitment to Public Private Partnership (PPP) as a model for achieving Nigerian inclusive growth and development objectives.
“The management and staff of the ICRC heartily congratulate His Excellency, President Muhammadu Buhari and the good people of Nigeria on the historic occasion of our nation’s 62nd Independence Day Celebration.
“Your Excellency, on this special occasion, we restate your commitment to PPP methodology as a preferred procurement model for achieving Nigeria’s inclusive growth and developmental objectives.
“It is gratifying to note that your consistent and firm support for PPPs has led to remarkable progress in key infrastructure projects like the Lekki Deep Sea Port which is at over 98 per cent completion.
Ohiani said other projects included the Airport Modernisation Project and the Nigeria Air project whose preferred bidders were recently procured.
“Also the Highway Development and Management Initiative (HDMI) Project which targets the development of 12 road corridors across the six geo-political zones.
Mindful of the importance of the economy of states, the director-general said the ICRC was also supporting states through peer review mechanisms.
He said this was to ensure the states also undertook their PPP projects in line with best practices.
Ohiani said the commission was currently finalising a pipeline of 53 viable PPP projects that would be executed within the short, medium and long term.
According to him, the projects are worth over 23 billion dollars and will generate thousands of employment while creating a chain reaction within the value chain.
The director-general said the ICRC was established in 2019, as a PPP Capacity Building arm known as the Nigeria Institute of Infrastructure and Public Private Partnership (NII3P).
He said the commission focused on PPP training for Ministries, Departments and Agencies, some of which included the Basic, Intermediate and Advanced PPP Courses.
Ohiani said other courses included short Infrastructure Development Courses, the APMG-– CP3P (Examination) course, and the Master of Business Administration (MBA) in PPP; in collaboration with the Malaysian University of Science and Technology.
“As Nigeria celebrates its 62nd independence anniversary, the commission urges all Nigerians to support the Federal Government and indeed states in their quest to further bridge the Infrastructure gap.
“God Bless the Federal Republic of Nigeria.