Wednesday, July 8, 2026

Tinubu’s PPP drive yielding major infrastructure gains: ICRC

Mr Ewalefoh said the federal government was prioritising private-sector investment as a central strategy for economic growth and national development.

• April 17, 2026
President Bola Tinubu
President Bola Tinubu [Credit: Business Post Nigera]

The director-general of the Infrastructure Concession Regulatory Commission, Jobson Ewalefoh, said that President Bola Tinubu’s public-private partnership drive has yielded major infrastructure gains.

Mr Ewalefoh stated this in Washington on Friday. He said the federal government’s PPP policy was driving infrastructure delivery, with measurable progress.

Mr Ewalefoh said the federal government was prioritising private-sector investment as a central strategy for economic growth and national development.

According to him, the commission’s operational independence is to design frameworks that will attract investors and ensure efficient delivery of critical infrastructure projects nationwide.

Mr Ewalefoh said the commission has repositioned Nigeria as an investment-ready destination, with several landmark projects successfully executed across key sectors over the past two years.

He said the aviation concession of Enugu Airport had been completed, unlocking economic opportunities in the South-East and enhancing regional connectivity.

Mr Ewalefoh said the Port Harcourt airport concession agreement would be finalised soon, marking another milestone in modernising Nigeria’s aviation infrastructure through private-sector collaboration.

He said the commission has facilitated partnerships to deploy advanced passenger information systems and biometric solutions to strengthen safety for both domestic and international air travellers.

Mr Ewalefoh said these innovations would improve surveillance, enhance national security architecture, and boost investor confidence in the country’s transport ecosystem.

Mr Ewalefoh also highlighted the revival of the Ikere Gorge Hydropower Plant, which had been abandoned since 1982 and is now being concessioned for redevelopment into a 6-megawatt facility.

He said the project demonstrates the government’s commitment to unlocking dormant assets through private investment to improve electricity supply and support industrial growth.

Mr Ewalefoh also disclosed ongoing work on the Omi-Kampe hydropower initiative in Kogi, aimed at expanding renewable energy capacity and diversifying Nigeria’s energy mix.

Mr Ewalefoh revealed plans to revive the Nigerian National Shipping Line, with strong investor interest secured through collaboration with the Ministry of Marine and Blue Economy. He said the initiative would restore Nigeria’s presence in global shipping, create jobs, and strengthen participation in international trade.

Mr Ewalefoh also revealed the Snake Island expansion project, which has attracted over one billion dollars in private investment to develop additional phases of port infrastructure.

(NAN)

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