The Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Dr. Jobson Ewalefoh, has stated that Nigeria urgently needs Public-Private Partnerships (PPPs) involving both local and foreign investors to address the nation’s $2.3 trillion infrastructure gap.
He made the observation on Tuesday at the ongoing Nigeria Public-Private Partnership (PPP) Summit 2025, held at the State House Banquet Hall in Abuja, an event attended by Nairametrics.
The summit, themed “Unlocking Nigeria’s Potential: The Role of Public-Private Partnerships in Delivering the Renewed Hope Agenda,” was graced by several Federal Ministers, officials from Afreximbank, the African Development Bank (AfDB), the Regional Director of the International Finance Corporation (IFC), among others.