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ICRC Profile picture
ICRC
@icrcng
ICRC superintends and regulates Public Private Partnership (PPP) transactions of the Federal government aimed at addressing Nigeria’s infrastructure deficit.
Jan 23, 2023 • 4 tweets • 4 min read
@MBuhari, the @NGRPresident Commissions the @LekkiPort, a Major success story for #PublicPrivatePartnerships in Infrastructure Development in Nigeria under the regulatory Guidance of the @icrcng

Over $361bn economic impact expected in 45 years.

Key Features, Benefits: 1/4 Image Features:
Land Area: 90 Hectares
Concession Term: 45 years
First Deep Sea Port in Nigeria
Deepest Port in W/Africa
A multipurpose Port: Has 3 Container berths, 3 Liquid and 1 Dry Bulk Berth.
Concession Model: Build, Own, Operate and Transfer (BOOT) 2/4
Jan 19, 2023 • 4 tweets • 3 min read
The Federal Executive Council under the regulatory guidance of @icrcng approves construction/ management of 9 highway Corridors as part of the Highway Development and Management Initiative (HDMI) of @FMWHNIG .
1, 374km highway to be constructed. N11.54trn revenue expected 1/4 Approved routes/Concession Term/Revenue:

1: Benin-Asaba, 125km; 25-year term, N1,588,774,183,303.
2: Abuja-Lokoja, 195km; 25-year term, N1,762,597,600,000
4: Onitsha-Owerri-Aba, 161.2km; 25-year term, N706,129,383,000
5. Shagamu–Benin, 258km; 25-year term, N2,049,036,914,300
2/4