Nigeria’s Vice President Kashim Shettima says that the National Integrated Infrastructure Masterplan 2020-2043 remains Nigeria’s blueprint and a compass to raise infrastructure stores from the current 35% of the GDP to 70%.
Addressing the two-day Nigerian Private-Public Partnership Summit 2025 in Abuja on Tuesday, Shettima said that the goal required a collaboration between the government and the private sector.
He reiterated that the current administration remains determined to provide an enabling environment for businesses to thrive.
In his speech, the Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Mr. Jobson Ewalefoh, said that the Nigerian Government was targeting to close the infrastructure gap in Nigeria through a Public-Private Partnership (PPP) arrangement.
He told the Summit that the Nigerian Government has repositioned infrastructure as a key driver of inclusive growth and for promoting PPPs as a governance model rooted in innovation, efficiency and accountability.
Highlighting projects like the Highway Development and Management Initiative, the Egini Medical Infrastructure Scheme, and the Dasin Hausa Dam, the director general said that Nigeria was laying the groundwork for sustainable, private-sector-led development.
He welcomed investors to take advantage of Nigeria’s openness to business, adding that the ICRC was committed to ensuring that all PPP projects were legally compliant, economically viable and socially impactful.
The theme of the Summit was “‘Unlocking Nigeria’s Potential: The Role of PPPs in Delivering the Renewed Hope Agenda”.
GIK/APA