The Federal Government of Nigeria has committed to simplifying the processes required to implement Public-Private Partnership (PPP) projects as part of its strategy to accelerate infrastructure development, address existing gaps, and stimulate economic growth.
This commitment was articulated by Dr. Jobson Ewalefoh, the Director-General of the Infrastructure Concession Regulatory Commission (ICRC), during a strategic retreat in Uyo, Akwa Ibom State.
The retreat, which served as a platform for Dr. Ewalefoh to introduce a comprehensive six-point policy direction as the new head of the ICRC, emphasized the critical role of PPPs in meeting Nigeria’s extensive infrastructure needs. Dr. Ewalefoh highlighted that this new policy direction is aligned with President Bola Tinubu’s mandate to bridge the country’s infrastructure gap.
In a statement released by Mr. Ifeanyi Nwoko, Acting Head of Media and Publicity for the ICRC, Dr. Ewalefoh outlined six key areas that will shape his leadership at the ICRC: innovative financing, service delivery optimization, project categorization, time-bound delivery of projects, inter-agency collaboration, and strategic partnerships. These areas are designed to enhance the efficiency and effectiveness of PPP projects across all sectors, ensuring that Nigeria can meet its development goals.
