Tinubu Grants ICRC New Powers to Regulate PPP Project Approvals Below ₦20 Billion
President Bola Ahmed Tinubu has approved a significant policy reform empowering the Infrastructure Concession Regulatory Commission (ICRC) to establish and oversee approval thresholds for Public-Private Partnership (PPP) projects across federal Ministries, Departments, and Agencies (MDAs). Under the new directive, MDAs are now authorised to approve PPP projects valued below ₦20 billion, provided such projects comply