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Tag: PPP

  • FG targets growth through aviation PPP reforms

    FG targets growth through aviation PPP reforms

    Aiming to enhance infrastructure and operational efficiency, the Federal Government says its policies are deliberate to encourage Public-Private Partnerships (PPPs) in aviation and aerospace sectors.

    The Permanent Secretary, Ministry of Aviation and Aerospace Development, Dr Ibrahim Kana, stated this at the Airport Business Summit and Expo 2025 (ABSE) on Wednesday in Lagos.

    Kana noted that aviation remains a vital driver of economic growth, trade, tourism, and investment, as well as national connectivity and international competitiveness.

    He said under President Bola Tinubu’s Renewed Hope Agenda, the government is committed to fostering PPPs for sustainable aviation and aerospace development.

    “The Ministry, following the Infrastructure Concession Regulatory Commission (ICRC) framework, has promoted key PPP initiatives aimed at repositioning the sector for improved performance.

    “These include terminal concessions at major airports — Lagos, Abuja, Port Harcourt, and Kano.

    “Also, Build-Operate-Transfer (BOT) models for cargo terminals, maintenance hangars, and airport hotels,” he said.

    Kana highlighted completed and ongoing public-private partnerships that are reshaping the aviation sector.

    He said the concessioning of Murtala Muhammed Airport Terminal II (MMA2) remains a benchmark for successful PPP in West Africa.

    He added that new airport concession approvals by the Federal Executive Council show the government’s determination to attract private capital and innovation.

    “Collaborations with international bodies, such as ICAO and the African Development Bank, are helping to fund infrastructure without straining public finances,” he said.

    He stressed that PPPs succeed in a stable, transparent, and predictable environment.

    The Ministry, he said, has worked with the Finance Ministry, BPE, and ICRC to streamline processes and reduce investment risks.

    “Our Airport Development Master Plan aligns with national economic goals and regional priorities,” he said.

    He said the plan is supported by legislative reforms and improved regulatory oversight by the Nigerian Civil Aviation Authority (NCAA).

    He also cited upgrades in aviation safety and security infrastructure, which are vital to investor confidence.

    Kana revealed that PPP models are being explored for air navigation services, aerotropolis projects, and aerospace technology parks.

    He said Nigeria could become a regional hub for air travel, maintenance, and space science applications.

    “I urge local and international investors to view Nigeria as a long-term partner, not just a market. We are open for business and partnerships,” Kana added.

    He reaffirmed the Ministry’s dedication to safe skies, resilient infrastructure, and effective collaboration.

    Kana emphasised that the private sector is a strategic ally in achieving aviation development goals.

    He also urged FAAN to take the lead on airport master planning, rather than the Ministry.

    In his welcome address, ABSE Managing Director, Mr Fortune Idu, urged a comprehensive land-use assessment to free up airport space.

    According to Idu, such assessments will guide the airport master plan and curb indiscriminate land acquisitions.

    He said unregulated land allocations are stalling aerotropolis projects that would boost airport-linked economic growth.

    “It’s unfortunate that federal airports host more tanker farms than aircraft or airlines,” Idu said.

    He lamented that many government agencies occupy prime airport land, erecting scattered structures that cause congestion.

    “This congestion hinders airport development, expansion, business growth, and national value,” he said.

    The 2025 ABSE is the 10th edition, with the theme: Investment Opportunities in Airport Public-Private Partnerships.

  • How Imo Govt hopes to enhance healthcare delivery

    How Imo Govt hopes to enhance healthcare delivery

    The Imo Government on Wednesday announced plans to enhance healthcare services in the state through Public Private Partnership (PPP) initiative.

    The state’s Commissioner for Health, Dr Success Prosper-Ohayagha made the disclosure while interacting with journalists in Owerri.

    According to him, the measure will improve access to quality healthcare services in the state.

    Prosper-Ohayagha, a Reproductive Health Consultant and Fellow of the Institute of Management Consultants, said that the state’s Health Insurance Scheme was being strengthened to deliver quality services.

    He added that monitoring teams had been put in place to ensure that private health establishments do not deviate from approved operational guidelines, rules, and regulations.

    He said that health officials would regularly inspect private facilities to ensure professionalism.

    He also said that the inspection was to ensure that private health facilities were duly accredited and operating with government approvals and in conducive environments.

    The commissioner said that the health ministry has partnered with international organisations such as the United Nations Children’s Fund, to access funding and technical support.

    “We are also working in synergy with the Nigerian Medical Association and some international organisations to improve the quality of health services in our dear state.

    “Currently, the 305 health centres in all Local government areas are being renovated, while those abandoned by previous administrations are being revived “, he said.

    He called on patent medicine dealers and traditional medicine practitioners to live up to expectations and maintain acceptable standards.

    Also speaking, Special Adviser to Gov. Hope Uzodimma on Networking, Ms Chantel Onwuzurike, reiterated the governor’s commitment toward attaining the health-related Sustainable Development Goals (SDGs).

    Onwuzurike said that the Government’s Health at Your Door policy would be taken to all the various autonomous communities across the state in no distant time.

  • FEC approves 3 PPP projects for NIMASA, targets $1.1bn revenue – ICRC

    FEC approves 3 PPP projects for NIMASA, targets $1.1bn revenue – ICRC

    The Federal Executive Council (FEC) has approved three Public Private Partnership (PPP) Projects to be executed in the Nigerian Maritime Administration and Safety Agency (NIMASA).

    This is contained in a statement by Mrs Manji Yarling, Acting Head, Media and Publicity, Infrastructure Concession Regulatory Commission (ICRC).

    Yarling said the projects, under the regulatory guidance of the ICRC, were projected to generate over 1.1 billion  dollars to the Federal Government during the concession period.

    She said the projects included the Eastern Offshore Waste Reception Facility, Central/Western Offshore Waste Reception Facility and a Floating Dry Dock.

    Yarling said the projects were approved by FEC following the issuance of Full Business Case Certificate of Compliance (FBC) by the PPP regulatory body, the ICRC.

    She said the Director-General, ICRC, Michael Ohiani issued the FBCs for the Offshore Waste Reception Facilities (OWRF) projects.

    According to her, Ohiani said the move demonstrated the commitment of President Muhammadu Buhari’s administration to the environmental well-being of coastal communities and offshore fishermen.

    “The essence of the approvals by FEC is for the OWRF to put in place a standard facility for use in Nigeria’s international waters, in compliance with the International Convention for the Prevention of Pollution from Ships (MARPOL) 1973/1978.”

    Ohiani said the goal of the proposed partnership was to protect the offshore environment and provide a visible deterrent for offshore polluters from a surveillance point of view.

    He said it was also to reduce the current level of pollution to the benefit of offshore fishermen and coastal communities.

    The director-general said the OWRF projects would essentially help keep the seas and oceans clean.

    “Each facility, when completed, would be adequate to fully meet the needs of ships and other installations regularly making use of the facilities, and contribute to the improvement of the marine environment.

    ” They will allow for the ultimate disposal and discharge of wastes from ships and other installations in an environmentally friendly way,” Ohiani said.

    He said more details on the Eastern OWRF showed that the Design, Finance, Build, Operate, Maintain and Transfer (DFBOMT) PPP model would be adopted with XPO Marine Services Limited as the concessionaire for an initial period of 10 years.

    “The projected total revenue from Eastern OWRF for the entire concession period due to Federal Government based on revenue sharing ratios is 279.4 million dollars.

    “The projected total revenue for the entire concession period from the Central and Western zones due to Federal Government, based on the revenue sharing ratios, is 765.2 million dollars.

    “The concessionaire for the Central and Western OWRF is African Circle Pollution Waste Management Limited and the concession period is also 10 years.”

    He said also approved by FEC was the management contract to Operate, Maintain and Transfer (OMT) the Floating Dry Dock (FDD) of NIMASA.

    ” The FDD is for the repair of cabotage vessels.

    “The concessionaire, J. Marine Logistics Limited, is to manage the Modular/Floating Dry Dock for 15 years.

    “Total revenue accruing to NIMASA for the 15 years concession period is 65.6 million dollars (N27.2 billion).

    When fully implemented, the project is expected to create over 800 direct and indirect jobs.”

    Ohiani said beyond revenue generation, the project was also expected to create jobs, develop capacity and provide maintenance facilities for ships and boats.

    He said FEC also approved a PPP project in Ikeja Lagos, for the Federal Radio Corporation of Nigeria (FRCN) to develop a commercial mixed-use complex.

    Ohiani said that the complex would comprise houses, hotels, recreational facilities as well an office complex.

    ‘The FRCN PPP project was approved for a concession period of 55 years with expected revenue for the period put at N14.9 billion while the concessionaire is Fish Valley Investment & Property Limited. “

  • Edo Govt., Army want PPP model logistics to tackle security challenges

    Edo Govt., Army want PPP model logistics to tackle security challenges

    The Edo Government and the Nigerian army on Wednesday called for the adoption of the Public Private Partnership (PPP) model logistics support to address the nation’s security challenge.

    Edo governor, Godwin Obaseki, said for the nation’s fight against terrorism and other crimes to succeed, all hands must be on deck to support the Nigerian army and related security agencies.

    Obaseki, spoke through the State’s Head of Service, Mrs Gladys Idahor, at the opening ceremony of the 20th Combat Service Support Training Week, held at the Nigerian Army School of Supply and Transport, Benin.

    He said that government alone could not provide all the logistics needs of the Nigerian Army especially in the face of new security challenges.

    “The academia and the organised private sector need to share ideas on ways of meeting the contemporary needs of the Nigerian Army,” he said.

    The governor noted that the theme of the training: “Enhancing Combat Service Support capability through Public Private Partnership to meet Nigerian Army’s Contemporary Challenge” was, therefore, apt.

    He also commended the Army for its planned medical outreach to people in selected communities in the state.

    He said regular training of security officials was important in the face of new threats to national security, adding that Edo’s current status as the most peaceful state in the country, was due in part, to the partnership with the Nigerian Army.

    The Chief of Army Staff, Lt.-Gen. Tukur Yusuf Buratai, said tackling contemporary security challenges in the country required a more robust logistics plan.

    He noted that to a large extent, logistics determined the capability of any army to perform its duties.

    Buratai, who was represented by Maj.-Gen. Ademoh Salihu, explained that it had become expedient to have a more efficient and effective logistics model for the Nigerian Army through public private partnership.

    He said the Army’s continued dependence on importation of military hardware has had adverse effects on its operations, especially in the fight against insurgency in the North-East.

    He commended the combat service support corps for their relentless service in the fight against insurgency in the country and urged them to leverage on the three-day training programme.

    The chief of army staff said the training was an opportunity to fashion out ways to enhance their capacity in the provision of logistics to nip in the bud the security challenges facing the country.

     

  • Nigeria ranks high on World Bank’s 2017 PPP ratings

    The World Bank Group on Sunday rated Nigeria as one of the top four leading voices in Public Private Partnerships (PPP) in its 2017 rankings.

    This was revealed by the Communications Officer for Infrastructure, PPPs and Guarantees Group of the WBG, Ms Yelena Osipova-Stocker.

    She described 2017 as a busy year in the world of infrastructure and public-private partnerships at the World Bank Group.

    Yelena said Nigeria’s Infrastructure Concession Regulatory Commission (ICRC) came top four in the Leading voices in the field category .

    She said Nigeria was recognised for being the first country to launch the PPP Contracts Disclosure Web Portal.

    Acting Director-General, ICRC, Mr Chidi Izuwah, said the portal had improved investor confidence in the country.

    He said within the first 100 days of President Muhammadu Buhari’s administration, he stressed his commitment to attracting the private capital and expertise needed to address Nigeria’s infrastructure deficit.

    He said the president’s commitment led to a renewed engagement between the World Bank Group and Nigeria to enhance the attractiveness of PPP in the country.

    Izuwah said the portal helped to fulfill President Buhari’s goals of fostering transparency and accountability in PPPs, to attract the much-needed foreign capital and expertise.

    He said this would help scale up Nigeria’s infrastructure development through PPPs and promote sustainable growth and development.

    “One major PPP transparency initiative is the study conducted by the World Bank Group’s PPP team between September 2016 and April 2017, using the Framework for Disclosure in PPPs.

    ” The team came up with a PPP Disclosure Diagnostic Report for Nigeria that examined the political, legal and institutional environment for disclosure of PPPs,” he said.

    Izuwah said that the report made specific recommendations to improve disclosure in Nigeria by creating an enhanced framework for the scheme, applicable to all Federal Government PPP contracts.

    Recall that the Vice President Yemi Osinbajo On Sept. 22, 2017 launched the portal, sponsored by the World Bank and the ICRC.

    The portal encourages proactive disclosure of contract agreement between the government and its contractors on PPP projects.

    It was expected to provide information to citizens and relevant stakeholders such as contract title, supervising government agency, name of private concessionaire, contract sum and regular progress report on projects.

    It is part of measures introduced by the present administration to ensure greater transparency and openness in all areas of governance in Nigeria.

     

  • We’ll bridge infrastructure deficit through PPP – FG

    The Minister of Finance, Mrs Kemi Adeosun, said the Federal Government would make the Public-Private Partnerships work in spite of its challenges, to bridge the wide infrastructure deficit in the country.

    Adeosun said this on Tuesday in Abuja at the 10th Africa Finance Corporation Summit, aimed at charting a way for infrastructure financing in Africa.

    The World Bank estimates that there is a global investment gap of one trillion dollars annually.

    Nigeria’s infrastructure deficit is put at 300 billion dollars, representing 25 per cent of the nation’s Gross Domestic Product.

    “When we came to office, 90 per cent of the budget was on recurrent and 10 per cent on capital spending.

    “So first thing we had to do was ensure that government spends at least 30 per cent of its budget on capital. We released N1.2 trillion in the last 12 months on capital.

    “We recognise that government on its own cannot address the country’s infrastructure deficits even if we devote our entire budget to infrastructure for the next 10 years, we can’t bridge the gap.

    “I want to assure you that government will continue to be a provider of infrastructure but we must crowd in additional funding.

    “PPP has a history in Nigeria but this government has taken it that there is no alternative; we must make PPP work.

    “We have to look at the existing PPP projects, figure out what went wrong and fix the ones that are fixable and create the framework that encourages investors to come in,” she said.

    She said that the government was counting on international players such as the African Finance Corporation to help showcase some of the opportunities in the private investors and international development players could take advantage of.

    Adeosun said it was not enough that investors currently had a huge appetite for African infrastructure risk at the Eurobond market and other markets.

    She drew attention of investors to opportunities in power, toll-able roads, housing, education and manufacturing sectors of the economy.

    Also, the Governor, Central Bank of Nigeria, spoke on dollar denominated investment, which created risk for African countries especially Nigeria.

    “At a time when we are facing commodity shocks, you will find that taking foreign denomination facility to finance obligations domestically creates a kind of credit risk, particularly if expected revenues are domestically denominated.

    “You’ll find that if there are shocks, naturally you will find weaknesses in the ability of the obligor to be able to repay the facility.

    “So that means that in a changing world like we are right now, there is need for us to think about how we can structure domestically denominated facilities where currency shocks do not impact repayment and performance of these facilities,” he said.

    Emefiele said that to mitigate against the shocks, some development finance institutions like the AFC raised Naira bond and facilities and deployed them into infrastructure project.

    He said that the CBN would continue to support options that reduced the risk of foreign denominated investment in the country.

    Meanwhile, the Minister of Trade for The Gambia, Dr Isatou Touray, said the country was open to private investments, after 21 years of dictatorship, particularly in the area of power.

    She said the country needed 200 mega watts of electricity and was currently generating 80 megawatts but could only use 40.

     

     

     

    NAN

  • Public Private Partnership key to achieving Nigeria Smart Cities Project – Minister

    Public Private Partnership key to achieving Nigeria Smart Cities Project – Minister

    The Minister of Foreign Affairs, Mr Geoffrey Onyeama, has stressed the need for Public Private Partnership (PPP) in driving Information Communication Technology (ICT) and achieving the aim of the Nigeria smart cities project.

    ImageFile: Public Private Partnership key to achieving Nigeria Smart Cities Project - Minister
    Minister of Foreign Affairs, Mr Geoffrey Onyeama: Public Private Partnership key to achieving Nigeria Smart Cities Project

    Onyeama was speaking with the News Agency of Nigeria on the sidelines of Transform Africa Summit 2017 in Kigali, Rwanda, when he made the statement and said unless the huge infrastructure deficit in Nigeria was addressed, achieving the Smart Africa Initiative cum Nigeria smart cities project would be difficult.

    A smart city is an urban development vision to integrate ICT, Internet of Things (IoT) and technology in a secure fashion to manage a city’s assets.

    The minister, who said that Nigeria was engaged in the process of building smart cities, called for private sector investment in the sector to address the infrastructure challenge and achieve the goal.

    He said there was need for collaboration between private and public sectors to develop ICT in Nigeria.

    He added that “as it was said, there is no one technology that will overcome the challenge of infrastructure.

    “What it just requires and I think this is what came out clearly, is partnership among government, the private sector and the academia; and together, the three can begin to put in place the building blocks to have smart cities, including in Nigeria.”

    Onyeama said Nigeria succeeded in the communication sector because of Public Private Partnership.

    He explained that in the past 20 years, Nigeria was able to engage the private sector to provide phone lines to about 100 million people as against the 400,000 telephone lines that were there to serve 150 million people.

    He said that “the coming together of government, the political will and the private sector created the framework for private sector to come with the investment and the difference that was made.

    “You had the NCC that had the auction that invited private telecommunication sectors and the result of that today was the over 100 million Nigerians connected on mobile phones.

    “So my last word is that Public Private Partnership is really essential in driving ICT in Nigeria.”

  • Kogi Govt opens bidders’ conference for PPP projects

    Kogi Government on Saturday opened bidders conference for pre-qualified investors to undertake Public/Private Partnership (PPP) projects in the State.

    Mr Bob Achaya, Director-General, of the Kogi State Bureau of Public/Private Partnership Procurement (BPPP), disclosed this at a meeting with pre-qualified investors in Lokoja.

    He said the bidders’ conference was the first of its kind in the history of the state.

    “Kogi State has started the BPPP implementation and we are having PPP procurement bid open to be followed by technical and financial proposals in fortnight.

    “We have previously received Expression of Interest (EoI) from investors through advertisement, and opened a bid which allows us to pre-qualified companies that are interested in those projects.

    “The projects include Confluence Beach Hotel, Lokoja, Mega Bus Terminal, Mega World Class Business Mall, Consolidated Billings, Environmental Revenue Levy, Sanitary Inspection of Premises, among others.

    “Today, the BPPP office is engaging the Ministry of Environment, which by its mandate, procures every PPP in the state; we had earlier received seven PPP requests of no objection from the ministry.

    “After review, we had only three out of the seven projects with no objection for advertisement while others go through the formal conventional procurement process”, he said.

    The director named the three categories of bidding as consolidated billings, sanitary inspection of premises and environmental revenue levy, adding that a bid fee was N350, 000 per investor.

    “This bidders conference is also to intimate the bidders with issues arising, challenges, prospects and stages that will lead to the final close of the deal.

    “The close of the deal is the concluding part of the business with private sector proponents who will manage and operate whatever scheme agreed upon.’’

    Mr Suleiman Babanawa, one of the investors, told NAN that the government of Kogi deserved commendation on the issue of BPPP for giving every investor a level playing ground.

    “Initially, I was not interested because I thought it was going to be business as usual that those projects had already been awarded before advertising them.

    “We are, however, proved wrong because we have been going through the normal process since we applied, we are happy that confidence is being restored which is good for the state.’’

    Mr Abolaji Femi, Desk Officer, Ministry of Environment, told NAN that the bidding process has been smooth due to the cooperation of the investors coupled with commitment of the state government.

    NAN reports that ten companies were pre-qualified by BPPP for the bidding but seven were present at the bidder’s conference.

     

    NAN