Pulse Nigeria is the most followed news and entertainment platform, informing and engaging young Nigerians round the clock, providing updates by the hour.

Pulse Nigeria

The Federal Government, through the Infrastructure Concession Regulatory Commission (ICRC), has announced plans to audit all Public-Private Partnership (PPP) projects across the country to assess their performance.

FG begins audit of PPP projects nationwide | Pulse Nigeria

Segun Adeyemi

<h2>The Federal Government, through the Infrastructure Concession Regulatory Commission (ICRC), has announced plans to audit all Public-Private Partnership (PPP) projects across the country to assess their performance. </h2>

Additionally, the government will ensure that all PPP assets are insured in accordance with the Infrastructure Concession Regulatory Commission Establishment Act, 2005.

During a courtesy visit to the Minister of Interior, Dr. Olubunmi Tunji-Ojo, ICRC Director General, Dr. Jobson Oseodion Ewalefoh, outlined the commission's plans to optimise PPP agreements and enforce statutory insurance requirements.

"We are already putting in place mechanisms to audit the performance of past PPP agreements. This is not to terminate them but to optimise them in the nation's interest," said Ewalefoh.

Ewalefoh honoured Tunji-Ojo with the PPP Icon award for his contribution to attracting over $500 million in investments through PPPs.

READ ALSO: <a href="https://www.pulse.ng/news/local/reps-probing-ppp-threaten-to-cancel-lease-over-non-compliance/dmrjf2x">Reps probing PPP threaten to cancel lease over non-compliance with extant laws</a>

"In your time as Minister, over $500 million has been invested in your ministry. We cannot thank you enough as a champion of PPP," he added.

The Minister revealed plans to make key agencies in his ministry self-reliant through PPP arrangements, aiming to reduce dependence on government funding.

"We believe that many of our agencies should be off the budget because government resources are limited," Tunji-Ojo stated.

He also highlighted significant PPP-driven initiatives within the Ministry, including the e-gate and the Advanced Passenger Information System.

The audit aims to ensure transparency and compliance as the government seeks to leverage private sector expertise and resources for national development.

R-L: Minister of Interior, Dr. Olubunmi Tunji-Ojo, ICRC Director General, Dr. Jobson Oseodion Ewalefoh. [ICRC]

FG begins audit of PPP projects nationwide

Pulse Picks

Business

News

Entertainment

Lifestyle

Politics

Local

Metro

World

News 

Celebrities

Music

Movies

Fashion

Beauty & Health

Relationships & Weddings

Food & Travel

Domestic

International 

Sports 

Celebrity Picks

Pulse Marketing

Explore categories

Influencer Awards

Company Pages

Breaking News & Top Stories | Pulse Nigeria

Video

Checkout our authors for the latest content across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Nigeria 

Authors | Pulse Nigeria

| Pulse Nigeria

Read the latest news across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Nigeria

Search for the latest content across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Nigeria

Search Results | Pulse Nigeria

Watch the latest videos across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Nigeria