Federal Radio Corporation of Nigeria (FRCN) has acquired a Full Business Case (FBC) certification from Infrastructure Concession Regulatory Commission (ICRC) in Nigeria for Mixed Use Land Value Capture PPP project in Ikeja. The project involves the development of 10 hectares of land in Ikeja. Ikeja is capital of the south-eastern state of Nigeria, Lagos. The project will transform the site into a mixed-use world-class facility that will include housing, world-class multimedia studios, an upgraded broadcast academy etc.
Now the FRCN will proceed to seek FEC approval for their proposed PPP with Fish Valley Investments and Properties Ltd.
Country updates
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March 19, 2019
Nigerian Federal Ministry of Water Resources receives 30 MW hydro project concession certificate
The Federal Ministry of Water Resources in Nigeria received Full Business Certificate Compliance for the concession of 30 Megawatts Gurara Hydropower Dam from the Infrastructure Concession Regulatory...
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March 07, 2019
Nigerian airport concessionaire upholds validity of contract amidst dispute with Federal Airport Authority
Bi-Courtney Aviation Services Limited has released a statement confirming the validity of its concession to operate the domestic terminal at Murtala Muhammed Airport (MMA2), located in Ikeja, sou...
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February 15, 2019
Civil coalition advocates rejection of water PPPs in Nigeria
Participants of the National Water Summit, held in Abuja last month, have appealed to the Federal Government of Nigeria and its counterparts in neighbouring countries, to reject the use of public-priv...
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February 13, 2019
Nigeria's ICRC progresses Police Land Value Capture PPP
The Infrastructural Concession Regulatory Commission (ICRC) of Nigeria has issued an Outline Business Case (OBC) Compliance Certificate for the planned Police Land Value Capture PPP project. The proj...
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January 31, 2019
Nigerian Senate appoints director of Infrastructure Concession Regulatory Commission
The Nigerian Senate has confirmed the appointment of Engr. Chidi Izuwah as the substantive Director-General/CEO of the Infrastructure Concession Regulatory Commission (ICRC). The three senators from...
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