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Economic Issues > Blog > Uncategorized > ‘Align with Tinubu’s PPP Vision for Infrastructure Development’-ICRC Tells Govs
Uncategorized

‘Align with Tinubu’s PPP Vision for Infrastructure Development’-ICRC Tells Govs

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By Reporter January 24, 2025
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Director General of the Infrastructure Concession Regulatory Commission (ICRC) Dr. Jobson Oseodion Ewalefoh (R) receives Gov. Lucky Aiyedatiwa of Ondo State in Abuja
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‘Align with Tinubu’s PPP Vision for Infrastructure Development’-ICRC Tells Govs

By Patience Ikpeme 

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The Director General of the Infrastructure Concession Regulatory Commission (ICRC), Dr. Jobson Oseodion Ewalefoh, has urged state governors to align with President Bola Ahmed Tinubu’s vision of leveraging Public-Private Partnerships (PPPs) to bridge Nigeria’s infrastructure deficit.

 

Dr. Ewalefoh made this appeal in Abuja after a private meeting with the Governor of Ondo State, Mr. Lucky Aiyedatiwa. The meeting centered on strategic PPP projects being undertaken by the state, including the ambitious Deep-Sea Port project.

 

Speaking after the meeting, Dr. Ewalefoh highlighted the federal government’s commitment to fostering partnerships that enhance infrastructure development for Nigerians. He commended Governor Aiyedatiwa’s proactive approach, describing his visit as “strategic and a testament to the Governor’s vision of attracting private financing to Ondo State.”

 

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“The meeting today is part of the efforts at the ICRC to forge collaborations between the National and Sub-nationals in terms of delivering infrastructure for Nigerians,” Dr. Ewalefoh stated. He called on other state governors to emulate Ondo State’s example by collaborating with the Commission to advance their PPP initiatives, assuring them of the ICRC’s readiness to provide the necessary support and guidance.

 

In his remarks, Governor Aiyedatiwa lauded the ICRC for its pivotal role in regulating and promoting PPPs across Nigeria. He revealed that Ondo State is committed to delivering the Deep-Sea Port project under the Commission’s regulatory guidance, emphasizing its immense potential to transform the state and contribute to the nation’s economy.

 

“The Deep-Sea Port project holds tremendous prospects for Ondo State and the country. We are committed to following the ICRC’s guidance and processes to ensure its success,” Governor Aiyedatiwa stated. He also praised Dr. Ewalefoh’s leadership, describing his tenure as transformational and inspirational.

 

The meeting underscores the growing importance of PPPs in addressing Nigeria’s infrastructure challenges and fostering economic growth. As the ICRC continues to build bridges between national and sub-national governments, it is hoped that more states will take bold steps toward innovative financing solutions to advance their development agendas.

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