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Nigeria targets infrastructure gap closure through PPPs

The Federal Government of Nigeria say it is working towards closing the country’s infrastructure gap through Public-Private Partnerships (PPPs).
The Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Jobson Ewalefoh, disclosed this on Tuesday during a two-day Nigeria Private-Public Partnership Summit 2025 at the State House Conference Centre, Abuja.
The summit which has Vice President Kashim Shettima was themed ‘Unlocking Nigeria’s Potential: The Role of PPPs in Delivering the Renewed Hope Agenda’.
Ewalefoh said under President Bola Tinubu, the Federal Government has repositioned infrastructure as a key driver of inclusive growth and for promoting PPPs as a governance model rooted in innovation, efficiency, and accountability.
Highlighting projects like the Highway Development and Management Initiative, the Egini Medical Infrastructure Scheme, and the Dasin Hausa Dam, the director general said Nigeria was laying the groundwork for sustainable, private-sector-led development.
He welcomed investors to take advantage of Nigeria’s openness to business, adding that the ICRC is committed to ensuring that all PPP projects are legally compliant, economically viable, and socially impactful.
Vice President Kashim Shettima said the National Integrated Infrastructure Masterplan 2020-2043 remained Nigeria’s blueprint and a compass to raise infrastructure stores from the current 35 per cent of the GDP to 70 per cent.
He, however, said the goal required a collaboration between the government and the private sector.
According to him, the Tinubu administration remained determined to provide an enabling environment for businesses to thrive.