NATIONAL PPP POLICY FRAMEWORK

Framework · Governance

Policy date: 2016-01-01

A Framework establishes the official guide for structuring and implementing private-public partnership projects. It mandates standardized procedures for government agencies and provides a clear framework for private investors. The goal is to mobilize private investment to bridge infrastructure deficits while ensuring transparency.

What Is This Policy?

The National PPP Policy Framework is Nigeria’s official guide for structuring, regulating, and implementing PPP projects, ensuring that private investment is mobilized to address infrastructure deficits while maintaining transparency, accountability, and value for money.

Who Does It Target?

The policy targets government ministries, departments, and agencies (MDAs) that initiate PPP projects, ensuring they follow standardized procedures. It also addresses private sector investors and financiers, providing them with a clear framework for participation.

What Does It Aim to Achieve?

The policy aims to bridge Nigeria’s infrastructure gap by leveraging private sector investment. It seeks to ensure transparency and accountability in PPP transactions, promote open competition, and guarantee value for money.

Key Features

Establishment of the ICRC as the PPP regulator. Clear procurement and bidding processes to ensure transparency. Emphasis on open competition for private sector participation. Requirement for feasibility studies and value-for-money assessments. Disclosure portal for public access to PPP project information. Framework for risk-sharing between government and private partners.

Current Status

Rollout Stage: fully operational Coverage: applies nationwide Beneficiaries to Date: Citizens benefiting from improved infrastructure (e.g., airports, roads, power projects); exact numbers vary by sector. Funding: Combination of federal allocations, private sector investment, and international financing

How to Access

• ICRC PPP Disclosure Portal: (ppp.icrc.gov.ng in Bing) • ICRC Official Website: https://icrc.gov.ng • National Assembly Portal: https://nass.gov.ng

Important Terms

Term 1-Public-Private Partnership (PPP) A PPP is a contractual arrangement between government and private sector entities where the private partner finances, builds, and/or operates infrastructure or services traditionally provided by government. In Nigeria, this is crucial for bridging infrastructure gaps in transport, energy, housing, and healthcare. PPPs allow government to leverage private capital and expertise while retaining oversight Term 2- Value for Money (VfM) This principle ensures that PPP projects deliver the best possible outcomes at the lowest sustainable cost. It involves comparing PPP delivery against traditional public procurement to confirm that the PPP option provides efficiency, quality, and long-term benefits.

Official Resources

• Infrastructure Concession Regulatory Commission (ICRC) Website: https://icrc.gov.ng 📍 Address: Plot 1270, Ayangba Street, Near FCDA Headquarters, Area 11, Garki, Abuja 📞 Phone: +234‑9‑4604900 ✉️ Email: [email protected] Link to document- https://estateintel.com/wp-content/uploads/2016/05/National-Policy-on-Public-Private-Partnership.pdf

Legal Framework

The National PPP Policy Framework operates under the Infrastructure Concession Regulatory Commission (Establishment, etc.) Act 2005, the Fiscal Responsibility Act 2007, and the Public Procurement Act 2007. It is supported by the ICRC PPP Guidelines, the Debt Management Office Act, and aligns with World Bank PPP Reference Guide standards. State-level PPP laws provide complementary authority for sub-national PPP transactions.

Original source: • Infrastructure Concession Regulatory Commission (ICRC)