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FG Justifies Proposed Concession of Five Airports

The federal government has described as unfounded reports suggesting that it has agreed to a certain lengthy period of concession for the Akanu Ibiam International Airport, Enugu.

Tinubu Appoints New Head for ICRC

Tinubu Appoints New Head for ICRC President Bola Tinubu has approved the appointment of Mr. Jobson Ewalefoh as the new Director-General of the Infrastructure Concession Regulatory Commission (ICRC). Mr. Ewalefoh is a professional with years of experience in government and development organizations, in addition to expertise...

NRC Officials will No Longer Issue Train Tickets – Amaechi 

NRC Officials will No Longer Issue Train Tickets - Amaechi  The minister of transportation Rotimi Amaechi says the Nigerian Railway Corporation (NRC) will no longer be issuing tickets to train passengers. He explained that the development was a necessary move to curb corruption and insecurity within...

ICRC: FG To Earn N140bn On E-Ticketing

ICRC: FG To Earn N140bn On E-Ticketing The Infrastructure Concession Regulatory Commission (ICRC) says the federal government will earn up to N140 billion on e-ticket sales in 10 years from concessions of ticketing on the Lagos-Ibadan and Itakpe-Warri rail services. Michael Ohiani, The acting director general...

FG Targets N123bn From Jabi Lake Tourism Project

FG Targets N123bn From Jabi Lake Tourism Project     The Infrastructure Concession Regulatory Commission (ICRC) says the proposed Jabi Lake Tourism and Recreation Development project will generate N123 billion over a 30-year period. ICRC Acting Director-General, Mr Micheal Ohiani, spoke yesterday in Abuja, while presenting the Outline...

In 8 Months, FG Earned N2.4bn From Infrastructure Concessions

In 8 Months, FG Earned N2.4bn From Infrastructure Concessions         Within the past eight months, the federal government has earned at least N2.4 billion from the concession of infrastructure concessions through a public-private partnership model, records have shown. The Economic Confidential reports that the federal government through...