Federal executive council has approved three public private partnership projects to be executed by the Nigerian Maritime Administration and Safety Agency (NIMASA), according to a statement that was issued by Infrastructure Concession Regulatory Commission (ICRC).
The projects which are under the regulatory guidance of the ICRC, are projected to generate over $1,110,384,387 to the federal government during the concession period.
The projects are Eastern Offshore Waste Reception Facility, Central/Western Offshore Waste Reception Facility and a Floating Dry Dock. They were approved by FEC following the issuance of full business case certificate of compliance by ICRC.
