PPP ‘first choice’ for Nigerian transport

Nigeria’s federal government has approved $16bn to improve the country’s transport infrastructure, Minister of Transportation, Rotimi Amaechi, has said.

After briefing President Buhari on the plans, Amaechi revealed that a variety of projects are being considered, with PPP a potential delivery method for seaports and rail schemes.

He said PPP would be “the first line of action” for a number of projects, two deep seaports in Bonny, Rivers State and Warri in Delta State, as well as the Port Harcourt Railway Industrial Park.

However, he suggested it would be difficult to deliver railway projects under a PPP model, saying this tended to be a high-cost approach.

Last month, the acting director general for Nigeria’s Infrastructure Concession Regulatory Commission (ICRC) Chid Izuwah said the ICRC had “77 PPP bankable projects at various stages of development”.