Tracking the regulatory achievements, project approvals, and institutional growth of the ICRC since inception.
President Bola Ahmed Tinubu appoints Dr. Jobson Oseodion Ewalefoh as the Director-General of the ICRC. His appointment was confirmed by the National Assembly on July 23, 2024, signaling a new era of "Active Facilitation."
FEC approved the concession of ‘Colonial’ Central Workshop Ijora. Concessionaire: Beta Transport Nigeria Limited. Expected revenue: NGN 28.1 billion within 20 years.
FEC approved 8 PPP projects including Deep Seaport in Burutu, Ondo Port, and Snake Island Terminal. Also approved Gurara II Hydropower (360MW) and Kashimbilla HPP (40MW).
President Muhammadu Buhari commissioned the Lekki Deep Sea Port, a flagship project regulated by ICRC. The port is projected to impact Nigeria’s economy by over $361bn over 45 years.
FEC approves management contract with revenue projections of N27 billion in 15 years. Also approved Offshore Waste Reception Facilities (OWRF) targeting $1.1 billion.
Preferred bidders emerged for Abuja, Lagos, and Kano International Airport Terminals.
Ethiopian Airlines emerged as the preferred bidder for the Nigeria Air concession project following ICRC regulatory guidance.
Senate confirms Michael Ohiani as substantive Director General of ICRC.
FEC approved the Specialised Police Service Automation Project. Expected revenue: N124.7bn over 10 years.
FEC approval granted for Ibom Deep Seaport, a joint project between FG and Akwa Ibom State.
ICRC named "Africa Infrastructure Regulator of the Year" at the African Infrastructure Investment Awards in Mauritius.
Launch of the world's first PPP Contracts Information Disclosure Web Portal to entrench transparency.
Inauguration of the Commission. Took custody of ~50 legacy PPP contracts including Ports and Aviation.