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Tag: Public-Private Partnership (PPP)

FG To Deploy PPP To Boost Excise, Tax Revenue

FG To Deploy PPP To Boost Excise, Tax Revenue   The Federal Government is deploying an Integrated Secure Track and Trace Solution to boost revenue through excise and tax collection. The Public-Private Partnership (PPP) solution, which will adopt the Build, Operate and Transfer option, will allow the...

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...

Many Things Wrong With 2021 Budget – ACUF Boss

Many Things Wrong With 2021 Budget - ACUF Boss         A development economist and Board Chairman of Amaka Chiwuike-Uba Foundation (ACUF), Dr. Chiwuike Uba, has picked holes in the 2021 budget, saying that the estimates and sectoral allocations do not align with the theme of the...

$3trn Needed To Bridge Infrastructural Deficit In Nigeria – Osinbajo

$3trn Needed To Bridge Infrastructural Deficit In Nigeria - Osinbajo         Vice President Yemi Osinbajo says three trillion dollars is needed to bridge the infrastructural deficit in Nigeria over the next 30 years. He said that adopting new models of investments for infrastructural development in the country...

$500m Chinese Debt Sparks Confusion In Airport Concession

$500m Chinese Debt Sparks Confusion In Airport Concession       Federal Government’s plan to concession airports has run into difficulties over an existing debt and pact with China to build four new terminals at the cost of $500 million. The “concession within concession”, according to the coalition of...

Concerns Over $17bn Annual Freight Loss To Foreign Shipping Lines

Concerns Over $17bn Annual Freight Loss To Foreign Shipping Lines         Stakeholders in the maritime industry have expressed displeasure over the yearly $17 billion revenue loss to foreign ship owners due to the inability of the country to lift her cargoes. According to shipping experts and economists,...