FG Unveils PPP Framework To Bridge Nigeria’s Infrastructure Gap

The federal government has unveiled a model Public-Private Partnership (PPP) agreement aimed at fast-tracking infrastructure development, streamlining project negotiations, and attracting greater private sector investment into key sectors of the economy.
The framework is expected to enhance Nigeria’s ability to attract private capital and address the country’s estimated $2.3 trillion infrastructure deficit.
Speaking at a one-day stakeholder engagement on the Model PPP Agreement in Abuja on Tuesday, the Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Jobson Ewalefoh, said the initiative would provide a standardised structure for PPP transactions across t...