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The Infrastructure Concession Regulatory Commission (ICRC), said the approval for the concessioning of its four projects by the Federal Executive Council (FEC) would attract N647.7 billion revenue to Nigeria. This is contained in a statement signed by Mr Ifeanyi Nwoko, Acting Head, Media and Publicity, ICRC, in Abuja on Friday. Nwoko said the projects included
By Tony Obiechina, Abuja Following government's approval for Management concession of the 360 Mega Watts Gurara II Multipurpose Dam & Hydro Power Plant and the 40 Mega Watts Kashimbilla Hydro Power Plant, the Federal government is expected to rake in about N647.7 billion from the plants. The Federal Executive Council (FEC) had on Wednesday approved
ICRC has said that the concession of Lagos/Ibadan, Itakpe/Warri rail e-ticketing will generate over N140 billion for the FG as well as create