Infrastructure Concession Regulatory Commission (ICRC)

The Infrastructure Concession Regulatory Commission (ICRC) is the federal agency responsible for regulating and supervising public-private partnerships (PPPs) for infrastructure development in Nigeria. It ensures that infrastructure projects involving private sector participation are implemented transparently, efficiently, and in line with international best practices.

By promoting investment in key sectors such as transportation, power, water, and healthcare, the ICRC plays a crucial role in bridging Nigeria's infrastructure gap and accelerating economic development.

Core Functions and Responsibilities:

• Regulating and monitoring the implementation of PPP projects undertaken by Ministries, Departments, and Agencies (MDAs).
• Ensuring compliance with the National Policy on Public-Private Partnerships and relevant legal frameworks.
• Providing technical support to MDAs in the structuring, procurement, and negotiation of PPP agreements.
• Promoting private sector investment in public infrastructure and services through viable and bankable projects.
• Maintaining a comprehensive database of all PPP contracts and monitoring their performance throughout their lifecycle.
• Advising the federal government on policy reforms and strategies to improve Nigeria's infrastructure environment.
• Engaging with stakeholders, investors, and development partners to foster innovation, transparency, and accountability in infrastructure delivery.

The dashboard below provides detailed insights into the commission's budget allocation, expenditure patterns, and key performance indicators related to PPP projects and infrastructure development. This data visualization helps track the ICRC's efforts in facilitating private sector participation and promoting sustainable infrastructure growth in Nigeria.