The Federal Government of Nigeria has directed all Ministries, Departments and Agencies (MDAs) of Government to comply with the National Policy on Public Private Partnerships (N4P) of the Infrastructure Concession Regulatory Commission (ICRC) in conducting any form of Public
The National Insurance Commission (NAICOM) and the Infrastructure Concession Regulatory Commission (ICRC) have agreed to partner to implement insurance provisions for assets under public-private partnership arrangements, as outlined in the law. This was discussed during a courtesy visit of the
The Federal Government has stated that it is dedicated to forming partnerships and strategic alliances that would help it achieve its objectives and promote domestic development. This was revealed by Vice President Kashim Shettima during the China-Africa Development Finance Forum
Business deals worth more than $370million were formalized at the African Export-Import Bank (Afreximbank) Intra-African Engineering, Procurement and Construction (EPC) workshop in Lagos by participants, marking a significant step towards empowering African contractors. The deals include a US$300-million Global facility
The Federal Government has disclosed plans to source from the private sector, part of the 10 billion dollars required to provide regular electricity across Nigeria within the next five to 10 years. This formed the crux of deliberation when the
The World Bank Group this Thursday announced a set of actions and specific goals as the first steps in implementing Gender Strategy 2030, geared towards increasing economic opportunities for more women. The group also unveiled new targets which aim to
Barbara Bako, Abuja. In bridging the infrastructure gap in Nigerian, the Director General of Bureau of Public Enterprises (BPE) Mr. Ayodeji Gbeleyi has pledged to collaborate with the Infrastructure Concession Regulatory Commission (ICRC). The BPE boss
Minister of Finance and Coordinating Minister of the Economy Mr. Wale Edun has unveiled two major fiscal incentives aimed at revitalizing Nigeria’s oil and gas sector. They are the Value Added Tax (VAT) Modification Order 2024 and the Notice of
The Federal Government through the Infrastructure Concession Regulatory Commission (ICRC), has said that it would conduct an audit of all Public Private Partnership projects to ascertain their performance as well as ensure that all the projects are insured as statutorily
The Federal Government  says it has successfully initiated the sale of crude to local refineries as well as corresponding purchase of petroleum products in Naira in a bid to reduce pressure on the local currency, eliminate unnecessary transaction costs, and improve availability of petroleum products. Minister
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