The Infrastructure Concession Regulatory Commission (ICRC) has disclosed the Nigerian Government’s resolve to close the country’s infrastructure gap, estimated at over $2.3 trillion, through strategic Public-Private Partnerships (PPPs).
Speaking at the ongoing 2025 Nigeria PPP Summit attended by Vice President Kashim Shettima at the States House, Abuja, themed “Unlocking Nigeria’s Potential: The Role of PPPs in Delivering the Renewed Hope Agenda,” ICRC Director General, Jobson Ewalefoh, described the event as a platform for national transformation.
He applauded President Bola Ahmed Tinubu for repositioning infrastructure as a key driver of inclusive growth and for promoting public-private partnerships (PPPs) as a governance model rooted in innovation, efficiency, and accountability.
Highlighting projects such as the Highway Development and Management Initiative, the Egini Medical Infrastructure Scheme, and the Dasin Hausa Dam, the DG stated that Nigeria is laying the groundwork for sustainable, private-sector-led development.
The ICRC Boss assured investors of Nigeria’s openness to business, adding that the ICRC is committed to ensuring that all PPP projects are legally compliant, economically viable, and socially impactful.
He also noted that presidential reforms mandating full Ministries, Departments and Agencies compliance with PPP guidelines, as he commended Vice President Shettima and key development partners including AfDB, NESG, Afreximbank, IFC, and Africa50.
The summit continues with technical sessions on de-risking, project financing, and institutional alignment.