FG Reaffirms Infrastructure Drive Through Private Sector Partnerships

By Oluwakemi Kindness

The Federal Government has reaffirmed its commitment to accelerating infrastructure development through strategic collaboration with the private sector.

Vice President Kashim Shettima made this known while declaring open the Nigeria Public-Private Partnership (PPP) Summit 2025, held at the State House Conference Centre, Abuja. The two-day summit is themed “Unlocking Nigeria’s Potential: The Role of PPPs in Delivering the Renewed Hope Agenda.”

Shettima emphasized the importance of the National Integrated Infrastructure Masterplan (2020–2043), which he described as Nigeria’s strategic framework for infrastructure transformation. The Masterplan aims to raise the country’s infrastructure stock from 35% of GDP to 70% by 2043.

“The ambition is bold but achievable,” the Vice President stated, noting that realizing this vision will require effective synergy between public institutions and the private sector. He also reiterated the Tinubu administration’s determination to create an enabling environment for private investment and long-term economic sustainability.

In his opening remarks, Director-General of the Infrastructure Concession Regulatory Commission (ICRC),  Jobson Ewalefoh, highlighted the government’s efforts to close the infrastructure gap using PPPs as a central delivery mechanism.

He cited flagship projects including the Highway Development and Management Initiative, the Egini Medical Infrastructure Scheme, and the Dasin Hausa Dam as examples of Nigeria’s commitment to sustainable, private sector-led development.

“The ICRC is committed to ensuring that all PPP projects are legally compliant, economically viable, and socially impactful,” Ewalefoh said, while inviting both local and international investors to take advantage of Nigeria’s openness to business and reforms under the Renewed Hope Agenda.