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President Tinubu empowers ICRC to implement approval thresholds for PPP projects

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ON PETER OBI’S PENCHANT FOR POLITICISING NATIONAL TRAGEDY

– MDAs can now approve PPP projects under N20bn, subject to ICRC guidelines and certification

In a landmark move to accelerate Nigeria’s infrastructure revolution and in line with his vision for PPPs, President Bola Ahmed Tinubu has empowered the Infrastructure Concession Regulatory Commission (ICRC) to implement a more efficient and better streamlined Public-Private Partnership (PPP) project delivery process by approving PPP thresholds for Ministries, Departments, and Agencies (MDAs).

Until now, all PPP projects, regardless of size, were subjected to Federal Executive Council (FEC) approval, resulting in extended processes and limiting the participation of MDAs with small and mid-scale projects. The new policy decentralises the approval process, allowing MDAs to approve projects below specified thresholds under the ICRC guideline, thereby supporting all scales of projects and encouraging broader private sector investment in PPPs.

Recall that at the just-concluded Nigeria PPP Summit 2025, President Tinubu declared that his administration was strengthening the ICRC as the “engine room of Nigeria’s infrastructure revolution,” noting that PPPs would be pivotal in driving transformative development across the country.
Director General of the ICRC, Dr Jobson Oseodion Ewalefoh, who disclosed the presidential approval, said: “Under the new directive, PPP projects valued below ₦10 billion for Parastatals/Agencies and ₦20 billion for Ministries will now be approved by respective Project Approval Boards (PABs) that will be constituted under ICRC guidelines and regulations. Only projects exceeding these thresholds—or those involving multiple Ministries and requiring inter-agency coordination—will require FEC approval.

“Importantly, all such projects must be entirely privately funded, with no government guarantees or financial commitments from the treasury.

Notwithstanding the new thresholds, every PPP project must be submitted to the ICRC for review and certification. The ICRC must issue certificates of compliance before the PAB and other approving bodies can approve any PPP project.”

Dr Ewalefoh explained that this framework marks a shift from the previously adopted one-size-fits-all approach to a more dynamic and scale-sensitive model that will unlock low-value but high-impact projects.

“This approval is a game-changer, especially for sectors like health, education, agriculture, and housing. We expect to see private sector-led investments in projects like rural diagnostic medical centres, construction of classroom blocks, student hostels and delivery of affordable housing schemes across the country, with fewer bureaucratic requirements under the newly adopted process,” he added.

He emphasised that the new framework aligns with President Tinubu’s broader public procurement reforms, ensuring harmony across the government’s financial and investment systems.

“By decentralising approvals, the government is supporting and unlocking investment opportunities through improved capital inflows, job creation, and faster project delivery—exactly what we need in this current economic climate.”
In conclusion, Dr. Ewalefoh stated that the ICRC will continue to promote, guide, facilitate and regulate the PPP ecosystem in the country, while collaborating with other agencies in the infrastructure ecosystem including the Bureau of Public Procurement (BPP), Ministry of Finance Incorporated (MOFI), Bureau of Public Enterprises (BPE) among others. He enjoined MDAs as project owners and grantors to take advantage of the approved threshold and the new guidelines that will be issued by the Commission. MDAs are encouraged to embrace the utilisation of PPPs for the delivery of critical infrastructure in delivering on the Renewed Hope Agenda of the President.

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Mayor of Brampton Honours IBD Foundation

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Mayor of Brampton Honours IBD Foundation

 

The City of Brampton has recognised Alhaji Ibrahim Dende Egungbohun for his remarkable contributions to a transformative initiative designed to empower women through essential skill-building for independence and self-reliance. This formal acknowledgment took place on August 15, 2025, in Mayor Patrick Brown’s office during a visit from the Africa Made Economic Growth Initiative (AMEGI) team. Represented by his wife, Mrs. Omolara Egungbohun, Alhaji Dende received the certification amidst an atmosphere of gratitude and celebration. Mayor Brown presented the certificate personally and extended his commendations to the IBD Foundation for their relentless pursuit of women’s empowerment, development, and their philanthropic efforts.

The Certificate of Recognition underscored Egungbohun’s unwavering dedication and tireless efforts to create diverse opportunities for women to enhance their skills, develop their potential, and ultimately prosper in their personal and professional lives. As a philanthropist, esteemed businessman, and influential social figure, his impact in Nigeria and beyond is both profound and far-reaching.

Egungbohun’s generosity and steadfast commitment have significantly bolstered the confidence of program participants, facilitating their ability to envision and construct brighter futures while strengthening community ties. In his acknowledgment, Mayor Brown stated, “Your dedication uplifts those working to inspire others,” highlighting the deep and lasting influence of Egungbohun’s work in empowering women.

Mayor of Brampton Honours IBD Foundation

This initiative is not just a standalone effort; it harmonizes perfectly with Brampton’s broader mission to advocate for and uplift marginalized groups within the community. Egungbohun’s contributions serve as a vital catalyst for transformative change, offering practical skills that enhance employability while reshaping the economic and social framework for women. Through an assortment of workshops, mentorship programs, and robust support networks, he has fostered an encouraging environment where women can fully explore and realize their potential.

As Brampton steadfastly commits itself to promoting inclusivity and equity, leaders like Egungbohun exemplify how collaboration, vision, and genuine enthusiastic engagement can effectively turn hopes and aspirations into tangible realities. The public acknowledgment from the city not only honors individual efforts but also sends a resounding message, inspiring other community leaders and stakeholders to step up and invest in grassroots empowerment initiatives that uplift and serve those in need. This recognition is a clarion call for collective action toward a more equitable and inclusive society.

 

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Tayo Folorunsho Nominated as Celebrity Special Marshal of the Federal Road Safety Corps

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Tayo Folorunsho Nominated as Celebrity Special Marshal of the Federal Road Safety Corps

Tayo Folorunsho Nominated as Celebrity Special Marshal of the Federal Road Safety Corps

 

 

Tayo Folorunsho, renowned youth ambassador and edutainment advocate, has been officially nominated to be decorated as a Celebrity Special Marshal (CSM) of the Federal Road Safety Corps (FRSC).

 

Tayo Folorunsho Nominated as Celebrity Special Marshal of the Federal Road Safety Corps

 

The unveiling took place at the recently concluded FRSC Youth Hangout, held in celebration of the United Nations International Youth Day at the National Judicial Institute, Abuja.

 

 

Over the years, Tayo Folorunsho has distinguished himself as a passionate youth leader, consistently driving initiatives that inspire and empower young people. His recognition as a Celebrity Special Marshal is not only a mark of honor but also a call to responsibility—championing road safety, responsibility, and positive change within society.

 

Tayo Folorunsho Nominated as Celebrity Special Marshal of the Federal Road Safety Corps

 

Speaking on the recognition, Tayo Folorunsho emphasized:

“This is more than an honor; it is a responsibility to use my voice and influence to promote safety, responsibility, and positive change on our roads.”

 

This milestone reinforces his commitment to youth empowerment, social responsibility, and nation-building through edutainment and advocacy.

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FRSC Partners with Edutainment First International to Drive Road Safety Awareness in Nigeria

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FRSC Partners with Edutainment First International to Drive Road Safety Awareness in Nigeria

FRSC Partners with Edutainment First International to Drive Road Safety Awareness in Nigeria

 

In a country where road accidents claim thousands of lives each year—most of them young people—the Federal Road Safety Corps (FRSC) and Edutainment First International have launched a bold new initiative to change the narrative. On Thursday, August 14, both organizations hosted the maiden Road Safety Youth Hangout at the National Judicial Institute, Abuja.

 

FRSC Partners with Edutainment First International to Drive Road Safety Awareness in Nigeria

 

The event, held to mark United Nations International Youth Day 2025, brought together more than 300 participants, including members of the National Youth Service Corps (NYSC), students, youth leaders, and community representatives. Unlike traditional road safety campaigns, the hangout was designed as an interactive forum blending education and entertainment, where young Nigerians could learn, innovate, and commit to safer road practices.

 

 

According to FRSC data, young people remain the most vulnerable demographic in road traffic crashes across Nigeria—an urgent concern this initiative aims to tackle. Through storytelling, innovation, and collaborative problem-solving, the Road Safety Youth Hangout sought to transform young Nigerians into advocates for safety within their communities.

 

 

“This is not just about rules and regulations,” said one of the organizers. “It’s about equipping young people with the tools and the voice to change Nigeria’s road culture.”

 

Aligned with the UN’s 2025 theme, “Local Youth Actions for the SDGs and Beyond,” the program underscored the critical role of young Nigerians in advancing the Sustainable Development Goals (SDGs), particularly those connected to health, safety, and responsible citizenship.

 

 

By focusing on empowerment rather than enforcement, FRSC and Edutainment First International signaled a fresh approach to road safety: investing in the next generation as the real drivers of change. The belief is simple yet powerful—an informed and empowered youth population is key to reducing accidents and saving lives.

 

 

For many participants, the hangout was more than just an event; it was a wake-up call. With interactive sessions infused with music, drama, and dialogue, young Nigerians were challenged to reflect on their daily habits as road users and to embrace leadership as advocates for safer communities.

 

 

As one youth participant reflected:

“Road safety isn’t just the job of the FRSC. It’s our responsibility too—because we are the ones most at risk.”

 

The maiden edition of the Road Safety Youth Hangout may have ended, but the movement it launched has only just begun. Its message was unmistakable: Nigeria’s fight for safer roads must be youth-led, collaborative, and relentless.

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