The agreement is expected to strengthen Nigeria’s capacity to mobilise private capital to bridge its estimated $2.3 trillion infrastructure deficit.
Mr Ewalefoh said the Smart National Transport Data Bank would address long-standing challenges associated with inadequate transport data in the country.
He said infrastructure is ultimately about people, about access, opportunity and dignity.
The ICRC boss disclosed that the newly approved projects form the second batch of seven PPP initiatives endorsed by the FEC within the last month.
Nigeria’s removal from the Financial Action Task Force grey list is a significant milestone that strengthens the country’s financial credibility.
Mr Ewalefoh said that the new policy decentralised the approval process.
Mr Ewalefoh said the MediPool initiative aimed to centralise the procurement and distribution of essential medicines, vaccines, and consumables.
Mr Ewalefoh urged the World Bank to increase support for Nigeria by providing funds and capacity development to generate more eligible project pipelines.
Mr Umahi was reacting to a question about concerns raised by some commuters about the number of tolls on the newly delivered expressway.
On already existing PPP projects, the DG said the commission would evaluate all concession contracts to ensure they were performing optimally.
