ICRC, Power Ministry Move to Fast-Track PPP Projects
The Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Dr Jobson Ewalefoh, has met with the Minister of Power, Mr Joseph Olasunkanmi Tegbe, to discuss strategic collaborations aimed at advancing
The Infrastructure Concession Regulatory Commission (ICRC) and the Nigerian Minister of Power have convened to fast-track Public-Private Partnership (PPP) projects in the power sector. ICRC Director-General Dr Jobson Ewalefoh and Minister Joseph Olasunkanmi Tegbe engaged in discussions aimed at aligning strategies to attract private investment into critical power infrastructure and improve efficiency across the sector's value chain.
Ewalefoh emphasized that the power sector is vital to Nigeria's economic development, and the meeting highlighted the commitment of both parties to accelerate infrastructure development through PPP arrangements and streamline processes to ensure transparency and high returns for investors. This collaboration aligns with the Federal Government's ongoing efforts to leverage private-sector participation to finance and enhance critical infrastructure, especially in the power sector.
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