The Federal Government has committed to streamlining the processes required to deliver public private partnership (PPP) projects with a view to accelerating infrastructure development, bridging existing gaps, and stimulating economic growth.
This declaration was made by the Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Jobson Ewalefoh, during a strategic retreat held in Uyo, Akwa Ibom State.
The retreat marked Ewalefoh’s introduction of a comprehensive six-point policy direction as the new head of the ICRC.
In a statement released yesterday by Ifeanyi Nwoko, Acting Head of Media and Publicity for the ICRC, Ewalefoh stated that this policy direction aligns with President Bola Tinubu’s mandate to close the infrastructure gap in Nigeria.
According to him, the scope and scale of Nigeria’s infrastructure needs are so vast that PPPs are required across all sectors to meet the nation’s development goals.
He outlined six critical areas that will define his leadership of the ICRC: innovative financing, service delivery optimization, project categorization, time-bound delivery of projects, inter-agency collaboration, and strategic partnerships.
