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Home»ECONOMY»ICRC: PPP drive boosts infrastructure
ECONOMY

ICRC: PPP drive boosts infrastructure

NewsdeskBy NewsdeskApril 17, 2026Updated:April 17, 2026No Comments2 Mins Read
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The Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Dr. Jobson Ewalefoh, said President Bola Tinubu’s Public-Private Partnership (PPP) drive has delivered significant infrastructure gains.

Ewalefoh spoke in an interview with Repo in Washington on Friday, noting that the Federal Government’s PPP policy is driving measurable progress in infrastructure delivery.

He said the government prioritizes private sector investment as a central strategy for economic growth and national development. He recalled Tinubu’s 2024 policy direction, emphasizing “a people-focused government anchored on private sector participation to bridge Nigeria’s infrastructure deficit and stimulate sustainable economic expansion.”

According to Ewalefoh, the commission’s operational independence allows it to design frameworks that attract investors and ensure efficient delivery of critical projects nationwide.

He highlighted that the commission has repositioned Nigeria as an investment-ready destination, with several landmark projects executed across key sectors within two years.

Notable projects include:

  • Enugu Airport concession – completed, unlocking economic opportunities in the South-East and enhancing regional connectivity.
  • Port Harcourt Airport concession – expected to be finalized soon, advancing aviation infrastructure modernization.
  • Deployment of advanced passenger information and biometric systems to strengthen security for domestic and international travelers.
  • Revival of the Ikere Gorge Hydropower Plant, abandoned since 1982, now redeveloped into a six-megawatt facility to boost electricity supply and industrial growth.
  • Ongoing Omi-Kampe Hydropower project in Kogi, expanding renewable energy capacity.
  • Plans to revive the Nigerian National Shipping Line, securing strong investor interest to restore global shipping presence, create jobs, and boost trade.
  • Snake Island port expansion, attracting over $1 billion in private investment to enhance logistics capacity.

Ewalefoh described these initiatives as evidence of sustained momentum in infrastructure delivery through well-structured PPPs. He reaffirmed the commission’s commitment to transparency, efficiency, and investor-friendly policies to accelerate national development and economic resilience.

ICRC Nigeria’s infrastructure PPP
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