…confirmation to boost investor confidence, infrastructure development
The Nigerian Senate has confirmed the appointment of Dr. Jobson Oseodion Ewalefoh as the Director General of the Infrastructure Concession Regulatory Commission (ICRC) on Tuesday. Dr. Ewalefoh has committed to enhancing investor confidence and accelerating infrastructure development in his new role.
His confirmation is sequel to his successful screening by the Committee on Trade and Investment, following the transmission of his nomination by President Bola Tinubu, GCFR in a letter to the President of the Senate, Senator Godswill Akpabio requesting the consideration and confirmation of Dr. Ewalefoh as the DG of the ICRC in line with the ICRC Act, 2005.
Last week, while responding to questions during the screening by the Committee, Dr. Ewalefoh assured that he was poised to improve the operations of the commission and improve investor confidence in the PPP ecosystem. He also emphasised the need for the inclusion of review clauses in PPP agreements to ensure flexibility and sustainability of projects.
He equally spoke about the sanctity of contracts and the insistence on the adherence to contract provisions and clauses by all parties.
The chairman of the committee, Sen. Sadik Umar during the screening, commended the nominee for his vast academic qualification, knowledge of Public Private Partnerships and infrastructure development as well as wealth of experience in the field of PPP negotiation. The new DG also received accolades from the former governor of Edo State, Sen. Adams Oshomole and other members of the committee.
In his remark, the President of the Senate, Godwill Akpabio congratulated Dr Ewalefoh on his confirmation and charged him to ‘’selflessly and sacrificially work to improve the renewed hope agenda of the current administration.
