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Infrastructure/PPP news in Nigeria

MegaProject 1081: RFQ launched for unprecedented Nigerian port PPP

MegaProject 1081: RFQ launched for unprecedented Nigerian port PPP

🕔Jan 9, 2018

The Federal Government of Nigeria (represented by the Ministry of Transportation/Nigerian Ports Authority) and the Akwa Ibom state government have issued a Request for Qualifications (RFQ) for the development of the Ibom Deep Seaport (IDSP) via a public-private partnership arrangement on a design-build-finance-maintain-operate-transfer (DBFMOT) basis.

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MegaProject 1074: Nigeria approves US$2.8 billion gas pipeline PPP

MegaProject 1074: Nigeria approves US$2.8 billion gas pipeline PPP

🕔Dec 27, 2017

The Federal Executive Council (FEC) of Nigeria has approved the US$2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline project. The 40-inch pipeline will span 614km.

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Nigeria issues EOI for a hydropower plant concession

Nigeria issues EOI for a hydropower plant concession

🕔Jul 13, 2017

The government of Nigeria has issued a request for expressions of interest (EOI) for the operation and maintenance of a hydropower plant located in Kaduna State.

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ICTSI terminates Nigeria port concession

ICTSI terminates Nigeria port concession

🕔Jun 14, 2017

International Container Terminal Services (ICTSI) has announced it has terminated an agreement to develop and operate a container terminal in Nigeria.

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Nigerian infra commission seeks PPP powers

Nigerian infra commission seeks PPP powers

🕔Jun 12, 2017

The House of Representatives of Nigeria has declared its intention to overhaul the laws on Public Private Partnership (PPP).

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 Lagos State tenders water PPP

Lagos State tenders water PPP

🕔Jan 23, 2017

The Lagos State Government, Nigeria, through Lagos Water Corporation (LWC) has launched a Request for Expressions of Interest (RFEOI) for the “Water Distribution Network, metering and Operation/Management of New 70MGD Adiyan Phase II Water Treatment Plant”. 

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Emerging Africa Infrastructure Fund (EAIF) invests in telecom corporate bond

Emerging Africa Infrastructure Fund (EAIF) invests in telecom corporate bond

🕔Jan 16, 2017

The Emerging Africa Infrastructure Fund (EAIF) has invested US$50 million in an US$800 million bond issued by the Nigerian telecommunications tower business, IHS.

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Lagos Abidjan corridor may be structured as PPP

Lagos Abidjan corridor may be structured as PPP

🕔Dec 28, 2016

The ECOWAS Commission has received several grants from the Africa Development Fund (ADF) and the European Development Fund towards the financing of the Study for the Abidjan – Lagos Corridor Highway Development Project.

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Delta state to concession water project

Delta state to concession water project

🕔Dec 9, 2016

The Delta State Government in Nigeria has announced that it is to concession a water supply project through a Public Private Partnership (PPP).

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Nigerian state announces PPP Bureau Board

Nigerian state announces PPP Bureau Board

🕔Oct 25, 2016

The Nigerian State of Kwara has inaugurated the Board of the Kwara State Public Private Partnership Bureau (KP3) to supervise all PPP arrangements in the state.

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MegaProject 773: Nigeria appoints committees for airport concessions

MegaProject 773: Nigeria appoints committees for airport concessions

🕔Sep 12, 2016

In early August, we informed that the Government of Nigeria announced it was about to launch the tender process for the four international airports under the PPP model and it was expecting to hire transaction advisors to structure the project.

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Nigeria´s pencom to invest 40 of its funds in infrastructure by 2019

Nigeria´s pencom to invest 40 of its funds in infrastructure by 2019

🕔Sep 7, 2016

The National Pension Commission (PENCOM) has announced it has plans to deploy at least 40% of the total pension funds in Nigeria into investments in infrastructure development by 2019.

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ICRC to seek transaction advisor for Lagos airport road PPP

ICRC to seek transaction advisor for Lagos airport road PPP

🕔Sep 6, 2016

The Infrastructure Regulatory Commission (ICRC) of Nigeria is seeking a transaction advisor for the Lagos Airport road rehabilitation PPP.

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State in Nigeria seeks interest for PPPs

State in Nigeria seeks interest for PPPs

🕔Sep 1, 2016

The Rivers State Bureau for Public- Private Partnerships (BPPP), in Nigeria, is seeking investors and developers to finance, design, build, operate and manage several projects in Rivers State on Public-Private Partnerships (PPP) basis.

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Nigeria announces concessioning of four international airports

Nigeria announces concessioning of four international airports

🕔Aug 8, 2016

The Goverment of Nigeria is ready to launch the the tender process of four international airports in the country under public-private partnership PPP model.

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Lagos state restructures Lekki concession debt

Lagos state restructures Lekki concession debt

🕔Jul 7, 2016

Lagos State Government, in Nigeria, has begun the process to restructure the Lekki Concession Company (LCC) Loan Facility provided by local and international lenders.

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Nigeria infrastructure fund announced

Nigeria infrastructure fund announced

🕔Jun 21, 2016

Nigerian Infrastructure Fund (NiFund), an investment management company whose target is investment opportunityies in high growth sectors in Nigeria, has launched the Nigerian Infrastructure Fund Segregated Portfolio (SP) with a target size of US$2 billion.

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MOU signed Nigerian bridge PPP

MOU signed Nigerian bridge PPP

🕔May 30, 2016

The consortium formed by Africa Finance Corporation (AFC), Access Bank and JP Morgan has recently signed a Memorandum of Understanding (MoU) to commit about N844 billion (US$4.23 billion) for the construction of the 4th Mainland Bridge Public-Private Partnership (PPP) project in Lagos, Nigeria.

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Africa Finance Corporation launches Africa Projects Developers Initiative

Africa Finance Corporation launches Africa Projects Developers Initiative

🕔Apr 28, 2016

Africa Finance Corporation (AFC) alongside its development partners, has recently announced the launch of the Africa Project Developers Initiative (APDI).

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Business Case presented for Sagamu-Benin-Asaba road PPP project

Business Case presented for Sagamu-Benin-Asaba road PPP project

🕔Apr 13, 2016

Advanced Engineering Consultants (AEC), the Ohio-based firm specialized in providing mechanical, electrical, plumbing and technology engineering design services, has recently presented a final workshop in relation to the A121-A232 Sagamu-Benin-Asaba PPP project to the Nigerian Federal Ministry of Power, Works & Housing PPP.

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