Nigeria infrastructure
ICRC issues fresh framework on PPP projects for MDAs
The Infrastructure Concession Regulatory Commission (ICRC) has rolled out fresh Public-Private Partnership (PPP) guidelines to streamline infrastructure delivery across Nigeria, reinforcing the Federal Government’s commitment to accelerate development through private sector participation. The new regulatory framework, formally unveiled during a high-level stakeholders’ meeting in Abuja, provides a detailed roadmap for Ministries, Departments, and Agencies (MDAs) […]
ECOWAS Bank Backs Lagos-Calabar Highway with $100m Boost
The ECOWAS Bank for Investment and Development (EBID) has approved a $100 million loan to support the ongoing construction of the Lagos-Calabar Coastal Highway, marking a significant milestone in West Africa’s drive for enhanced infrastructure, regional trade integration, and economic development. The funding was approved during the bank’s 92nd Ordinary Session of its Board of […]
Otti Unveils Plans for $1.3 Billion Medical City
In a significant move aimed at transforming the healthcare landscape in Nigeria, Abia State Governor Dr. Alex Otti has unveiled plans for a $1.3 billion medical city. This ambitious project is expected to not only provide state-of-the-art healthcare infrastructure but also reduce Nigeria’s growing reliance on foreign medical tourism. With the soaring cost of healthcare […]