From Juliana Taiwo-Obalonye, Abuja
President Bola Tinubu, on Tuesday officially opened the Infrastructure Concession Regulatory Commission (ICRC) 2025 Nigeria Public-Private Partnership (PPP) Summit at the State House Conference Centre in Abuja on Tuesday.
The event, themed “Unlocking Nigeria’s Potential: The Role of Public-Private Partnerships in Delivering the Renewed Hope Agenda,” convenes key stakeholders from government and the private sector to foster collaborative partnerships aimed at accelerating national development.
Represented by Vice President Kashim Shettima, the President assured delegates that Nigeria is firmly on the path to sustained economic growth and peace, underscoring the Federal Government’s dedication to leveraging PPPs as a critical strategy for addressing the country’s vast infrastructure needs.
Building on this momentum, ICRC Director General Jobson Ewalefoh reiterated the government’s resolve to close Nigeria’s infrastructure gap, estimated at over $2.3 trillion, through strategic PPP initiatives. Speaking at the summit, Ewalefoh highlighted flagship projects such as the Highway Development and Management Initiative, the Egini Medical Infrastructure Scheme, and the Dasin Hausa Dam as key examples of Nigeria’s commitment to sustainable, private-sector-led development.
He praised President Tinubu’s leadership in repositioning infrastructure as a driver of inclusive growth and emphasized the ICRC’s role in ensuring PPP projects are legally compliant, economically viable, and socially impactful.
Ewalefoh also noted recent presidential reforms mandating full compliance with PPP guidelines across all ministries, departments, and agencies (MDAs), and acknowledged the support of development partners including AfDB, NESG, Afreximbank, IFC, and Africa50.
The summit continues with technical sessions focused on de-risking investments, project financing, and institutional alignment, aiming to translate policy frameworks into tangible infrastructure outcomes that will unlock Nigeria’s full economic potential.
Details later…
