• Ewalefoh says properly structured PPPs can drive investment, boost revenue, support $1 trillion economy target
James Emejo and Deborah Adekoya in Abuja
Director-General of Infrastructure Concession Regulatory Commission (ICRC), Dr. Jobson Ewalefoh, yesterday, disclosed that the country’s Public-Private Partnership (PPP) model for customs modernisation was currently being adopted as template for a $3.1 billion continental customs project under the African Continental Free Trade Area (AfCFTA).
Ewalefoh said the development represented a significant validation of Nigeria’s PPP framework, particularly the Customs Modernisation Project, which had produced an indigenous digital solution for Nigeria Customs Service (NCS), and was now being replicated across the continent.
He made the revelation while reacting to the recent signing of a 20-year concession agreement by the AfCFTA secretariat with Bergmans Security Consultants and Supplies Limited, the parent company of Trade Modernisation Project Limited (TMP).
