US EditionTinubu Empowers MDAs to Approve PPP Projects Below ₦20b
16 Articles
16 Articles
Tinubu approves new PPP thresholds - empowers ICRC to fast-track projects
President Bola Ahmed Tinubu has approved new thresholds for Public-Private Partnership (PPP) project approvals, empowering the Infrastructure Concession Regulatory Commission (ICRC) to lead a more decentralised and efficient delivery system. The new directive allows Ministries, Departments, and Agencies (MDAs) to approve PPP projects valued under ₦20 billion, subject to ICRC certification and guidelines. This policy shift removes the mandatory F…
The population has had enough of old hospitals, schools in ruins and poor water systems. The government has limited resources and adds to the record deficits. Is this an environment conducive to the return of public-private partnerships? A dossier by Hélène Baril.
Tinubu Empowers ICRC to Approve Public-Private Projects Below N20bn
By Adedapo Adesanya President Bola Tinubu has approved a new policy authorising the Infrastructure Concession Regulatory Commission (ICRC) to independently approve Public-Private Partnership (PPP) projects below N20 billion. According to the ICRC Director-General, Mr Jobson Ewalefoh, in a statement released by the Acting Head of Media, Mr Ifeanyi Nwoko, the change eliminates bureaucratic delays that […]
Tinubu Approves N20 Billion Funding Threshold for MDA Infrastructure Projects
Tinubu Approves N20 Billion Funding Threshold for MDA Infrastructure Projects …ICRC to supervise process The new policy streamlines the approval process by allowing MDAs to independently approve projects President Bola Ahmed Tinubu has approved an increase in the funding threshold for public-private partnership projects handled by Ministries, Departments, and Agencies (MDAs) to N20 billion, in […] The post Tinubu Approves N20 Billion Funding Thr…
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