Washington: The Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Dr. Jobson Ewalefoh, has announced that President Bola Tinubu’s Public-Private Partnership (PPP) initiative is achieving significant infrastructure milestones.
According to News Agency of Nigeria, Dr. Ewalefoh detailed how the Federal Government’s PPP policy is advancing infrastructure delivery with measurable progress. He emphasized that prioritizing private sector investment is central to Nigeria’s strategy for economic growth and national development. This aligns with President Tinubu’s 2024 policy direction, which focuses on a government that is people-centered and anchored on private sector participation to bridge the nation’s infrastructure gap.
Dr. Ewalefoh highlighted the commission’s operational independence in designing frameworks to attract investors and ensure efficient infrastructure project delivery nationwide. Within the past two years, Nigeria has been repositioned as an investment-ready destination, with several landmark projects completed across critical sectors. Notably, the concession of Enugu Airport has been completed, unlocking economic opportunities in the South-East and enhancing regional connectivity.
He also mentioned that the Port Harcourt airport concession agreement is nearing finalization, marking a significant step in modernizing Nigeria’s aviation infrastructure through private sector collaboration. Furthermore, partnerships have been facilitated to introduce advanced passenger information systems and biometric solutions, which will enhance safety and boost investor confidence in the country’s transport ecosystem.
The D-G discussed the revival of the Ikere Gorge Hydropower Plant, now redeveloped into a six-megawatt facility, showcasing the government’s commitment to leveraging private investment to improve electricity supply and support industrial growth. Additionally, ongoing work on the Omi-Kampe hydropower initiative in Kogi aims to expand renewable energy capacity and diversify Nigeria’s energy mix.
Dr. Ewalefoh also revealed plans to revive the Nigerian National Shipping Line, with strong investor interest secured through collaboration with the Marine and Blue Economy Ministry. This initiative is expected to restore Nigeria’s presence in global shipping, create jobs, and strengthen international trade participation.
Moreover, the Snake Island Expansion project has attracted over one billion dollars in private investment to develop additional port infrastructure phases, significantly boosting Nigeria’s logistics capacity. This achievement reflects growing investor confidence in the nation’s infrastructure framework.
He concluded by affirming the commission’s commitment to transparency, efficiency, and investor-friendly policies to accelerate national development and economic resilience, with multiple projects in the pipeline indicating sustained momentum in infrastructure delivery through well-structured public-private partnerships.