Federal Government says it is exploring the option of a Public-Private Partnership (PPP) arrangement to actualize the target of President Bola Ahmed Tinubu's administration to close the infrastructure gap in Nigeria
The Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Jobson Ewalefoh made this known on Tuesday during a two-day Nigeria Private-Public Partnership Summit 2025 held at the State House Conference Centre in Abuja.
The summit which has Vice President Kashim Shettima was themed ‘Unlocking Nigeria’s Potential: The Role of PPPs in Delivering the Renewed Hope Agenda’.
Ewalefoh said under President Bola Tinubu, the Federal Government has repositioned infrastructure as a key driver of inclusive growth and for promoting PPPs as a governance model rooted in innovation, efficiency, and accountability.
Highlighting projects like the Highway Development and Management Initiative, the Egini Medical Infrastructure Scheme, and the Dasin Hausa Dam, the director general said Nigeria is laying the groundwork for sustainable, private-sector-led development.
He welcomed investors to take advantage of Nigeria’s openness to business, adding that the ICRC is committed to ensuring that all PPP projects are legally compliant, economically viable, and socially impactful.
Vice President Kashim Shettima 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%.
He, however, said the goal requires a collaboration between the government and the private sector.
According to him, the Tinubu administration remained determined to provide an enabling environment for businesses to thrive.
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