The House of Representatives of Nigeria has declared its intention to overhaul the laws on Public Private Partnership (PPP).

The position of the House was also supported by the Infrastructure Concession Regulatory Commission (ICRC) on the basis that the review will accelerate the process of infrastructure development in the country.

The Infrastructure Concession Regulatory Commission (ICRC) is partnering with the Institute for Public-Private Partnerships (IP3) to the deliver infrastructure in the country.

Mr Aminu Diko, ICRC’s Director-General said:

“It is true that without training, we will just be floundering without being able to reach our milestone and we are happy that we are having this relationship with IP3. Having regard to the many years of experience the IP3 have garnered in training personnel all around the world; they have trained people from over 170 countries totaling over about 35,000 personnel.

I know how rigorous and important the training schedule is and that is why it is important that we have this relationship so that we can impact this knowledge to Nigerians in Nigeria without having to travel outside the country.

The role of ICRC in the country is to regulate how PPPs (Public Private Partnership) are structured. We assist the MDAs by guiding them in structuring PPP but to do that they have to be capacitated, they have to be knowledgeable about the PPP process. So it is important that when we have this relationship with you there will be so many opportunities for us to drill home the significance of PPP in delivering infrastructure.”