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ICRC's Ewalefoh Advocates for Implementation Over PPP Law Review

This Day·
ICRC's Ewalefoh Advocates for Implementation Over PPP Law Review

At the 32nd Nigerian Economic Summit (NES32), Jobson Oseodion Ewalefoh, the Director-General and Chief Executive Officer of the Infrastructure Concession Regulatory Commission (ICRC), argued against calls for a review of Nigeria's Public-Private Partnership (PPP) laws. He stated that the focus should be on effective implementation of existing legislation rather than rewriting it.

Ewalefoh pointed out that under President Bola Ahmed Tinubu's direction, the ICRC has issued 13 guidelines in two years, developed a model concession agreement with the Federal Ministry of Justice, and secured presidential approval for project thresholds. He stressed that the effectiveness of legislation relies on the commitment and integrity of those responsible for its implementation, asserting that deficiencies should not be blamed on the laws themselves.

Ewalefoh concluded by stating that no law can fix a person's character, emphasizing the importance of utilizing the existing PPP framework fully.

Plus234Feed summary based on reporting from This Day.

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