President Bola Tinubu on Tuesday in Abuja launched the Expatriate Employment Levy (EEL) to facilitate home-grown skill retention and technology domestication and to balance employment opportunities between Nigerians and expatriates. Speaking at the launch of the Expatriate Employment Levy handbook, the President also said the aim is to close wage gaps between expatriates and the […]
The Federal Executive Council (FEC) has approved an Operation and Management concession for the 360 megawatts Gurara II Multipurpose Dam & Hydro Power Plant and the 40 megawatts Kashimbilla Hydro Power Plant under a Public-Private-Partnership (PPP) model with a projected revenue target of N647.7 billion from the deal. The approval by the FEC was sequel […]
The Infrastructure Concession Regulatory Commission (ICRC) has expressed its readiness to support sub-national governments and the Federal Capital Territory (FCT) on viable infrastructure projects through the use of Public Private Partnerships (PPP) model. The commission’s Director General, Michael Ohiani, made promise when he received Media Trust Group’s delegation, led by its Group Chief Executive Officer, […]
The Federal Government has restated its commitment to the development of infrastructure through Public Private Partnerships (PPP) in order to bridge the huge gap in the nation’s infrastructure base and by so doing, alleviate the challenges facing stakeholders in their strive to boost the country’s Gross Domestic Product (GDP). The Acting Director General, Infrastructure Concession […]
The Infrastructure Concession Regulatory Commission (ICRC) has said that local production of uniforms for the nation’s military and paramilitary personnel will commence under a public-private partnership (PPP) joint venture from January 2023. The PPP project is to be implemented by the Defence Industries Corporation of Nigeria (DICON) and Sur Corporate Wear Nigeria Limited. The project […]
The Nigeria Customs Service (NCS) has projected to generate $176 billion over the next 20 years through the implementation of ongoing e-Customs project. The Service’s Comptroller-General, Col. Hameed Ali (rtd) made this forecast on Monday during the signing of e-Customs Concession Agreement between the NCS, Africa Finance Corporation (AFC) and China’s Huawei Technologies Limited in […]
The Director General of the Bureau of Public Enterprises (BPE), Mr. Alex Okoh has clarified why Federal Government decided to concession the Calabar and Kano Free Trade Zones (FTZs), saying that the initiative will catalyse businesses in the West African sub-region through strategic production of goods and services in order to optimize the vast potential […]
The African Development Bank (AfDB), Infrastructure Concession Regulatory Commission (ICRC) and Nigeria’s First Lady, Mrs Aisha Buhari, on Wednesday jointly canvassed the need for the Federal Government to frontally address the problem of gender disparity in the conceptualization, design and delivery of Public Private Partnership (PPP) projects in the country. The Senior Country Director, African […]