ICRC Model PPP Agreement to End Inconsistent Contracting, Boost Investor Confidence, Says Ewalefoh

THISDAYLIVE | 31-08-2026 05:20pm |

The Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Dr. Jobson Oseodion Ewalefoh, has stated that Nigeria's newly unveiled Model Public-Private Partnership (PPP) Agreement is designed to end years of uncertainty and inconsistent risk allocation in infrastructure concession deals. The agreement, unveiled in June 2026, provides a dependable framework for negotiating PPP contracts while strengthening protections for the public interest. Previously, PPP negotiations were conducted on a project-by-project basis, leading to inconsistencies.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.