The Federal Government says it is looking towards closing the infrastructure gap in the country through a Public-Private Partnership (PPP) arrangement.
The Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Jobson Ewalefoh, stated this on Tuesday during a two-day Private-Public Partnership Summit 2025 at the State House Conference Centre, Abuja.
Ewalefoh said under President Bola Tinubu, the Federal Government had repositioned infrastructure as a key driver of inclusive growth and for promoting PPPs as a governance model
Highlighting projects like the Highway Development and Management Initiative, the Egini Medical Infrastructure Scheme, and the Dasin Hausa Dam, the DG said Nigeria was laying the groundwork for sustainable, private-sector-led development.
He welcomed investors to take advantage of the nation’s openness to business, adding that the ICRC was committed to ensuring that all PPP projects are legally compliant, economically viable, and socially impactful.
Vice President Kashim Shettima, who attended the summit, said the National Integrated Infrastructure Masterplan 2020-2043 remained Nigeria’s blueprint and a compass to raise infrastructure stores from the current 35% of the GDP to 70%.
News Edited by Favour Owonibi